California authorities issued their latest moratorium against non-renewal of residential property insurance after wildfires in Ventura County. It's the eighth this year and 34th since 2019. The state's insurance commissioner authored a law while a state senator to make these moratoriums automatic after a state of emergency.

Long and complicated cyber breach litigation can be prevented with proactive precautions and quick action against intrusions, say cybersecurity insurance experts.

Consumer Financial Protection Bureau Director Rohit Chopra said it is "fundamentally unfair" that uninsured depositors at Silicon Valley Bank and Signature Bank got a reprieve from regulators while those at First National Bank of Lindsay did not.

The growth in mobile banking has lowered barriers to accessing the banking system, but the Federal Deposit Insurance Corp.'s National Survey of the Unbanked and Underbanked released Tuesday reveals that minority households are still disproportionately underserved.

As part of its opposition to a proposed rate increase by State Farm, Consumer Watchdog criticizes a reinsurance deal as more expensive than paying wildfire claims.

The state's department of insurance started hearings in early October, but a decision about the rate increase is not expected until at least December, after a contested election for insurance commissioner.

At the Most Powerful Women in Banking conference this week, New York's top banking regulator said banks need to take full responsibility for the artificial intelligence models they use, even if they bought them from a third party.

The Federal Deposit Insurance Corp. projected its Deposit Insurance Fund reserve ratio is expected to reach the statutory minimum of 1.35% by 2026 thanks to slower-than-expected insured deposit growth and a $7.5 billion increase in the DIF balance.

Young British drivers who have just passed their test should be banned from carrying passengers of a similar age and should display special plates, according to the chief executive officer of the AA car breakdown service.

The state has consistently ranked in the top two of the Insurance Institute for Business & Home Safety ratings for the past 12 years. Some of its building code rules are even stricter than internationally accepted standards.

The state's governor and a challenger running for insurance commissioner are calling for a new look at building codes that were weakened by the state's legislature in the past couple years.

Public policy and tax experts from the consultancy said local ties may help insurers' standing with Congress, and Republicans' push for tax cuts could negate party members' negative views of big business.

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

Federal Reserve Gov. Lisa Cook called for weighing the costs and benefits of artificial intelligence, and flagged bias and fraud as areas of concern.

The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.

A member of a homeowners association explained the higher cost, lower coverage plan it now has, and supported Consumer Watchdog's advocacy.

Consumer Watchdog officials, in remarks before and during a hearing of the Assembly's Insurance Committee, stressed requiring insurers to provide standard policies to homeowners who fireproof their property, countering Commissioner Ricardo Lara's proposed deal with insurers promising more coverage in wildfire distressed areas.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.

USAA, MMG Insurance and Munich Re executives spoke about these insurers' efforts to model risk and use data proactively to serve policyholders and prevent bias.

A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.