Regulation and compliance
Regulation and compliance
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Academics with opposing views argued, in a U.S. Senate Budget Committee hearing, whether inflation and litigation, rather than climate change, are causing home insurance non-renewals and rate hikes.
December 18 -
The Federal Deposit Insurance Corp. is considering suing former Silicon Valley Bank executives over risk management decisions, imprudent dividends and billions in losses that fueled a banking crisis in 2023.
December 18 -
The California Department of Insurance and its commissioner hosted a public workshop where consumer advocates and insurers staked their positions on who should pay for the net cost of reinsurance and why.
December 16 -
Numerous reports and lawsuits have criticized the health insurer for using algorithms to ramp up denials of coverage.
December 12 -
The agency cited the closeness of the entities to Florida's government.
November 25 -
Amid steady customer growth, USAA's banking arm failed to make the investments necessary to satisfy either its regulators or some decades-long customers. Changes in the executive suite haven't fixed the problems.
November 21 -
The new regulation could be a game changer for health plans, but employers must be prepared to expand their coverage.
November 21 -
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.
November 20 -
Long and complicated cyber breach litigation can be prevented with proactive precautions and quick action against intrusions, say cybersecurity insurance experts.
November 18 -
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.
November 18