Law and regulation

A multi-state coalition of insurance commissioners issued a joint letter to the Department of Government Efficiency advising the closure of the Federal Insurance Office.

Following a judge's ruling, California Insurance Commissioner Ricardo Lara promises clarifications on questions about rate increase processes.

Republicans win insurance commissioner races in North Carolina and Montana, Democrats win in Washington state and Delaware, according to Ballotpedia results.

In California, wildfire readiness is quickly becoming a financial necessity.

By using technological strategies insurers can stay ahead of regulatory changes.

California ordered home insurers to maintain coverage during the next year for 750,000 customers in four counties ravaged by wildfires that are still burning east of Los Angeles.

New York's insurance regulator issued a damning report laying out the severe financial condition of the city's largest insurer of taxis and for-hire vehicles, as well as dozens of potential financial improprieties and accounting problems.

A labor and employment attorney explains how gig worker classification will continue to be an issue for employers.

Disputes about insurance liability for cybersecurity software failures bring up possibilities for public policy and regulation.

The European Union is enacting the most comprehensive guardrails on the fast-developing world of artificial intelligence after the bloc's parliament passed the AI Act on Wednesday.

NAIC, the association of state insurance regulators, has issued a 90-day call for collection of property and casualty coverage data at a zip code level of detail, to better understand climate change effects on the market. The group expects the call to yield insight on insurance availability and affordability.

NAIC shares 2024 strategic priorities and other insurance legal news out of Georgia and Florida.

Insurers should look at governance policies, operations methods and modeling to pre-emptively keep bias and drift out of AI handling of underwriting and pricing, an expert on the technology recommends.

The Guaranteeing Overtime for Truckers Act aims to level the financial playing field for truck drivers.

Risk analytics essential to equip P&C insurers in California with the capabilities to precisely identify, evaluate and price risk.

Insurers can help companies to develop risk management plans, conduct compliance audits, and provide training on relevant regulations.

A new report from Forrester examines the risks, innovations and technology landscape for insurance.

In a report published Monday, the International Association of Insurance Supervisors outlined key areas where supervisors can help improve the affordability, availability and uptake of insurance against natural disasters.

It is essential to keep in mind several regulatory considerations regarding data, cybersecurity, fairness and inclusion to stay ahead of the evolving supervisory and regulatory trends.

Both commercial and homeowner insureds may have to turn to parametric insurance to cover losses as carriers leave markets and force states to cover the burden.