The Financial Integrity and Regulation Management Act would stop prudential regulators from writing rules or guidance that involve any use of reputational risk in supervision.

The report, based on home insurance price and availability data collected by the association of state regulators from private insurers last year, confirms rising costs and non-renewals, and the impact of climate change on these increases. The U.S. Treasury's insurance office stopped short of publicly releasing the data used for the report.

The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows.

A proposal to tie cancellation of private mortgage insurance policies to automated valuation models would add unnecessary risk to mortgage portfolios and would result in less, not more, affordable housing.

The Trump administration's nominee to lead the Consumer Financial Protection Bureau, Jonathan McKernan, is seen as an institutionalist with a deep knowledge of policy. But whether he keeps the bureau shuttered or rebuilds it is uncertain.

The North Carolina Rate Bureau, representing home insurers, settled for two 7.5% increases this year and next, after originally seeking a 42% rate increase. NCRB says the settlement just postpones the need for higher rates to accurately cover risks, while the insurance commissioner calls it "a big win" for homeowners.

Verisk and Moody's are the first two modeling companies to submit their models to the California Department of Insurance. A Verisk executive explained the functioning of their model and what insurers' options are.

The adoption of AI applications is creating a need for regulation to protect against bias, data privacy issues, cybersecurity and other risks.

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.

For the third time in five years, the Office of the Comptroller of the Currency issued an enforcement action against the beleaguered bank. It bars USAA from adding new products or loosening its membership criteria without evaluating the risks of getting bigger.