Regulation and compliance
Regulation and compliance
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Highlights from speakers and sessions at the Insurtech Insights conference and surrounding events in New York from June 3-5.
June 8 -
The law, set to go into effect later this year, was introduced to prevent potential money laundering in all-cash purchases made by companies or trusts.
May 28 -
The state's regulator said the insurer must show it will cover more homeowners, and be more transparent. Consumer advocates want more concessions, saying the insurance crisis can't be solved on the backs of homeowners.
May 22 -
U.S. and global insurance regulators have been paying more attention to AI operations. Insurers are advised to watch how they use AI for pricing and guard against bias.
May 20 -
As the Federal Deposit Insurance Corp.'s Deposit Insurance Fund inches toward replenishment, acting Chair Travis Hill suggested that banks should be assessed on a range of metrics rather than insured deposits alone.
May 20 -
Insurers must monitor state and federal regulations closely because they are constantly changing.
May 19 -
The Task Force on Climate-related Financial Risks won't be disbanded, according to people familiar with the matter.
May 16 -
Consumer Watchdog says increase was not justified, while insurance commissioner points to concessions gained from the insurer.
May 13 -
Congress and Trump Administration calls for elimination of Federal Insurance Office and FEMA, if successful, would ripple through insurance and banking industries, say climate financial risk policy experts and officials.
May 11 -
Representative of the state's insurance industry tells regulator that insurers have to pass on the cost to stay solvent. Comments on the proposal are open through May 5.
May 2