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 ...
A revolution is underway in California’s insurance market that could provide relief to homeowners in high-fire-risk neighborhoods who have found it difficult to find insurers to cover their homes, ...
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 California Department of Insurance announced legal action Monday against State Farm General Insurance Co. following an ...
In industries where government oversight is extensive—such as financial services, pharmaceuticals, freight rail and insurance—the idea of industry self-regulation may seem unnecessary or redundant.
Private equity firms have taken more significant investment and ownership positions in life insurance and annuity companies. The positives that come from private equity’s involvement include increased ...
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