Insurance Regulation
Florida Policies in Limbo Over Proposed Insolvency Surcharge
The Florida Insurance Guaranty Association is urging insurers to hold off on sending homeowners policy renewals until state regulators decide if they will approve a surcharge on premiums to help ...
EU Eases Insurance Rules With $141 Billion Economic Boost
The European Union proposed changing the bloc's capital rules for insurers on Wednesday to release 120 billion euros ($141 billion) for repairing an economy hit by COVID and to meet climate goals ...
China Regulator Reportedly Probing Ping An Insurance’s Property Investments
China's banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd's investments in the property market, two people with knowledge of the matter said, after the firm ...
UK Insurers Hit With Final Warning Over Car, Home Policies
Insurers in Britain that are not ready to implement tougher 'value for money' rules on car and home policies could face disciplinary action, the Financial Conduct Authority said on Wednesday. The FCA ...
China’s Unpredictable Regulatory Measures Make Investors Wary
The unpredictability of China's regulatory measures make the country unappealing to foreign investors in the short-term, following its latest crackdowns on the technology, property and education ...
Global Financial Regulators Seek Coordinated Efforts to Prepare for Climate Change Risks
The world's top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the ...
EU to Update Workplace Safety Rules to Address Remote Work, Mental Health
The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working from home during the COVID-19 pandemic and to reflect the anticipated ...
Title Insurer Settles SEC Charges On Cyber Controls, Pays Nearly $0.5M
Last week, the Securities and Exchange Commission announced the resolution of charges against First American Financial Corporation alleging lax cybersecurity controls and procedures, with the federal ...