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Regulation & Compliance
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CEO Viewpoints: On Michigan, California and Litigation ‘Leeches’
"Michigan—not so great." The easy-to-overlook observation about insurance risk, delivered by Elizabeth Heck, chief executive officer of Greater New York Insurance Companies, during a panel ...![](/assets/AdobeStock_733390337-map-with-uninsurable-signs-areas-135x100.jpeg)
Sorry, Wrong ZIP Code: Regulators Move Forward With California Reforms
Why isn't my ZIP code on the map? Questions along those lines emerged at a public hearing hosted by the California Department of Insurance last week when CDI sought comments on proposed regulatory ...![](/assets/AdobeStock_188596319_Welcome-to-California_Good-California-Vibes-135x100.jpeg)
Raise a Glass to Cat Models: More California Hearing Deets
At a recent California Department of Insurance virtual public hearing, stakeholders were invited to weigh in on a regulatory proposal spelling out commitments insurers have to make in exchange for ...![](/assets/cyber_insurance-135x100.jpg)
Berkshire, Starr in Top Cyber Ranking; Global Outlook Stable: AM Best
According to industry rating agency AM Best, there are enough positive factors to give the cyber insurance market a 'stable' outlook despite a stall in premium growth. Analysts at AM Best issued a ...![](/assets/AdobeStock_549091560-businessman-business-people-celebrate-positive-outlook-135x100.jpeg)
AM Best Ups Reinsurance Outlook to Positive
Decelerating reinsurance rate increases aren't a worry for AM Best analysts who have revised the global reinsurance segment outlook to positive from stable, citing "robust profit margins" as a driver ...![](/assets/AdobeStock_162852450-question-marks-in-future_businessman_crisis-looming-135x100.jpeg)
Liability Reinsurance Crisis Could Be Looming, CEO Says
"There could be a liability crisis in reinsurance in a couple of years," a reinsurance executive predicted this week. Ken Brandt, chair, president and chief executive officer of TransRe, offered the ...![](/assets/safety-valve-135x100.jpg)
Surplus Lines Insurers Providing a Much-Needed Safety Valve for P/C Industry
Given the difficult environment for primary property/casualty carriers, the efficient use of excess and surplus (E&S) lines capacity is providing a safety valve for ...
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Signals ‘Promising’ for Florida Reforms’ Impact, Reinsurance Still a Drag
Analysts with the AM Best financial rating firm and other stakeholders are cautiously optimistic about the resurrection of the Florida property insurance market, 18 months after state lawmakers ...![](/assets/cape-analytics-roofs-135x100.jpg)