At the end of last year, California issued emergency new insurance regulations giving insurers more freedom to raise premiums while also requiring them to extend coverage to wildfire-prone areas of ...
On November 14, 2023, the Colorado Division of Insurance’s AI insurance regulations went into effect. Colorado is now the first state in the nation to adopt regulations specifically aimed at insurance ...
In an extraordinary criticism of one state agency by another, Florida’s Office of Insurance Regulation told legislators that a department led by then-Chief Financial Officer Jimmy Patronis may have ...
A revolution is underway in California’s insurance market that could provide relief to homeowners in high-fire-risk neighborhoods who have found it difficult to find insurers to cover their homes, ...
In our ongoing Q&A series with California Insurance Commissioner candidates, this week we bring you answers provided to us by teacher Lalo Vargas.
Much of the activity surrounding the state insurance regulation of artificial intelligence (“AI”) in the insurance industry this year was prompted by the NAIC Model Bulletin: Use of Artificial ...
America is ceding its insurance regulation to international nongovernmental organizations that have crippled Europe’s insurance sector. If U.S. regulators continue down this path, they risk ...
MIAMI – The Florida Office of Insurance Regulation (OIR) announced a plan to establish a temporary reinsurance arrangement to prevent an insurance crisis in the state after news that carriers could ...
Mike Yaworsky is the new head of the Office of Insurance Regulation. Florida Office of Insurance Regulation Commissioner Mike Yaworsky at a National Association of Insurance Commissioners conference ...
Discover how insurance brokers earn through commissions and fees, and their role in helping clients select the best insurance policies.