Regulation & Compliance
AM Best Analysis: P/C Industry Soared in 2025. Will It Fly as High in 2026?
Building off momentum from the previous year, the U.S. property/casualty (P/C) industry recorded a $61 billion underwriting gain in 2025—nearly triple the $22 billion recorded in 2024. With nearly ...
State Farm’s California Homeowners Rate Request: It’s Settled — Almost
The long back-and-forth struggle between State Farm General Insurance Company, the California Department of Insurance and Consumer Watchdog is winding down, with the parties agreeing that an ...
RLI Now Has ‘A++’ Rating from AM Best
AM Best announced upgrades to the financial strength ratings of the members of RLI Group on Friday, pushing the grades up to A++ (superior) from A+ (superior). The rating upgrades reflect RLI's ...
Disaster Preparedness, Responsible Tech Use Among NAIC 2026 Priorities
The National Association of Insurance Commissioners (NAIC) released its strategic priorities for 2026, including the oversight of emerging technology like artificial ...
10 Do’s and Don’ts of a Smart ORSA Report
My conversations with carrier CEOs, CFOs, and CROs about enterprise risk management and ORSA--Own Risk and Solvency Assessment—tend to go down the path of strict compliance and a sense of ...
High Court Ruling on Trump Tariffs to ‘Ease Uncertainty,’ Says AM Best
AM Best said the U.S. Supreme Court's ruling against President Donald Trump's authority to impose sweeping tariffs will help to "ease uncertainty across the insurance industry." "Managing through ...
Reinsurance Program Could Wipe Out Need for Calif. FAIR Plan: Legal Exec
Merritt Farren, a former high-ranking legal executive at Disneyland and Amazon, has launched a bid to become California's next insurance commissioner. His platform ...
Insurance Regulators, Trades Get Behind Latest Effort to Abolish FIO
The nation's insurance commissioners and industry trade associations are looking to support efforts to put the Federal Insurance Office (FIO) back on the chopping block. Late last week, Rep. Troy ...