Law and regulation

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.

(Bloomberg) --California's insurance commissioner announced a new regulatory plan backed by the industry that would allow insurers to factor future climate risks into their pricing and require them to offer more coverage in fire-prone areas.

The CEOs of Alphabet Inc., Microsoft Corp., Meta Platforms Inc. and OpenAI were invited to appear alongside rivals and industry critics to discuss possible guardrails for AI that balance the risks and rewards of the technology.

The US Department of Labor has until December to tell Congress whether to update a policy advising pension plans to choose the "safest" option when transferring obligations — unless doing otherwise would be in the interest of participants.

US lawmakers on Thursday questioned how new rules for artificial intelligence can protect against the technology's risks without reinforcing the early advantages enjoyed by tech giants such as Microsoft and Google.