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 ...
Regulation & Compliance
10 Dos 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 ...
Outlook on Reinsurance Has Changed; Pre-’23 Property Pricing Back: AM Best
AM Best's outlook for the global reinsurance segment is no longer positive, the rating agency announced Monday, citing the uptick in property reinsurance price drops and concerns about casualty ...
APCIA Backs Federal Bill to Require Litigation Funding Disclosure
The American Property Casualty Insurance Association (APCIA) has released a statement in support of federal legislation, up for committee discussion today, that is meant to increase the transparency ...
Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports
The Trump administration has launched investigations into the use of diversity initiatives in hiring and promotion at major U.S. companies, the Wall Street Journal ...
Unpacking a Consumer Intervenor’s Novel Idea
Homeowners insurance is one of the most heavily regulated industries in the United States. Regulations aim to protect consumers from arbitrary rates and unfair practices and ensure that insurers can ...