In a new legislative package offered Wednesday, House lawmakers halved the deposit insurance limit offered in earlier deposit insurance reform bills coming from the Senate.

The state's House passed a bill concerning hidden consumer transaction fees, but with amendments, drawn from previous failed bills, setting a 10% limit on auto and fire insurance rate increases.

Using AI to identify property risks solely from aerial images is not foolproof, experts say.

The integration of AI into insurance frameworks is also creating some legal liabilities that carriers must consider as part of any deployment.

The National Council of Insurance Legislators (NCOIL), a group of state legislators concerned with insurance industry regulation, will reconsider a measure that failed in 2025. States have varied regulations or laws governing how insurers may set home policy premiums or drop policyholders based on aerial images of their property.

At its upcoming spring meeting, the association of state insurance regulators will hear an updated plan for a system of evaluating insurers' use of AI, and a rollout of a new call for home insurance data.

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the GENIUS Act — and that the prohibition likely will include pass-through deposit insurance arrangements.

The state's regulator and a leading consumer advocacy group are parties to the settlement, which also addresses non-renewals following the January 2025 wildfires.

SB 1301 and SB 1076, addressing home insurance non-renewals, follow earlier proposals about smoke claim damage standards, the state's home insurance of last resort, and standards for prompt payment of claims. Also, insurance commissioner clarifies restrictions on consumer advocate compensation.

California AB 1795, the Smoke Damage Recovery Act, would make home insurance more expensive and push more policyholders onto the state's insurer of last resort, according to an insurance industry attorney.

The actuarial profession is at an inflection point as actuaries focus on sustainability, implementing AI and collaborating across company infrastructures.

Insurers learned that 2025 was about regaining balance and 2026 will be about redefining value for customers with better data, tools and insights.

California assembly insurance committee chair and the state's insurance commissioner propose measure to improve claims handling, coverage options and transparency for wildfire survivors.

Insurance commissioner Ricardo Lara, responding on social media, said tariffs and ICE raids are making rebuilding more difficult. Advocates also point to federal disaster relief that has been held back.

Without coverage, mortgage lenders could refuse to back home sales. Also, separate wildfire coverage could fall to the public sector.

Legislation cites non-renewals based on "inaccurate, outdated or misleading images."

Representatives of both insurers and policyholders point out multiple flaws in the new laws and additional proposed bills.

Representatives of both insurers and policyholders point out issues with market forces and challenges to addressing coverage costs.

Traditional factors like artificial intelligence, cybersecurity and business interruption highlight what's on business executives' risk radar in 2026.