Lax and incompetent regulation of insurance is taken as an article of faith by many consumer groups. And not without some justification. A 1979 General Accounting Office report found numerous ...

Much of the activity surrounding the state insurance regulation of artificial intelligence (“AI”) in the insurance industry this year was prompted by the NAIC Model Bulletin: Use of Artificial ...

A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the insurance industry. The 10-year prohibition of AI ...

America is ceding its insurance regulation to international nongovernmental organizations that have crippled Europe’s insurance sector. If U.S. regulators continue down this path, they risk ...

At the end of last year, California issued emergency new insurance regulations giving insurers more freedom to raise premiums while also requiring them to extend coverage to wildfire-prone areas of ...

The California Department of Insurance has submitted its final wildfire catastrophe modeling regulation to the Office of Administrative Law for approval. Th regulation is intended to strengthen the ...

As summer 2020 wound down, then-Ohio Insurance Director Jillian Froment steered a sensitive rewrite of Actuarial Guideline 49 to a successful vote. The much-debated new AG 49 made changes designed to ...

1775 Massachusetts Avenue N.W. Washington, D.C. The increasing effects of climate change, demonstrated by the rise in the frequency and severity of climate-related disasters, presents new and ...

Home warranties can protect homeowners from unexpected repair or replacement costs, providing peace of mind. However, concerns about deceptive practices and inadequate coverage by home warranty ...