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 ...

The National Council of Insurance Legislators have come out against President Donald Trump’s executive order last week, seen as a hinderance to state regulation of artificial intelligence. NCOIL ...

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 ...

A lack of formal regulation of AI usage in insurance is one of the biggest challenges facing the American insurance industry today, according to Darcy Rittinger, chief risk officer, Cover Genius. “I ...

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 ...

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 ...