A liberalization clause in insurance adjusts your policy as laws change, ensuring continued compliance without extra cost.
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 August 12, 2024, three Congressional Democrats (Casten (D-IL); Waters (D-CA); and Senator Whitehouse (D-RI)) sent a letter to the National Association of Insurance Commissioners (NAIC), inquiring ...
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 ...
In the business world, adhering to industry regulations is not just a formality—it’s a necessity for legal operation, competitive edge, and public trust. Legal and regulatory considerations for ...
The speaker of the Illinois House is signaling that insurance regulation will be a priority for state lawmakers when the ...
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 ...
LOS ANGELES (KABC) -- Thousands of California homeowners were recently dropped by their insurance companies, with some facing massive rate hikes. On Tuesday, some of them gathered for a press ...
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