Regulation & Compliance
Viewpoint: Mapping Evolving Regulatory Terrain for MGAs, MGUs and Other DUAEs
As the regulatory landscape around the delegated underwriting authority enterprise (DUAE) market evolves, global authorities have introduced stricter compliance measures, risk management expectations ...
Trump to Issue Order Creating National AI Rule
President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary ...
Foundation Firmed: AM Best Switches View of U.S. Homeowners Insurers to Stable
Insurers of U.S. homes have improved rate adequacy and catastrophe risk management, modified coverage, and benefitted from a softening reinsurance market to earn a change in AM Best's outlook for the ...
Dozens of State Attorneys General Urge Congress Not to Block AI Laws
Republican and Democratic attorneys general from 35 states, and the District of Columbia, urged congressional leaders on Tuesday not to block state laws governing artificial intelligence, warning of ...
U.S. E&S Outlook No Longer Positive: AM Best
AM Best has revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced in mid-November. The change comes as rates soften and ...
APCIA: House Judiciary Committee Must Pass Litigation Funding Disclosure Reforms
The American Property Casualty Insurance Association (APCIA) continues to throw support behind two bills scheduled for markup Nov. 18 by the House Judiciary Committee. Committee member Rep. Darell ...
Everest Group’s AM Best Rating Outlook Now Negative; IQUW Under Review
Reacting to developments at Everest Group and IQUW this week, AM Best has issued statements about the ratings of the two companies. Everest Group Rating Affirmed But Outlook Revised AM Best announced ...
Workers Compensation Continues to Lead P/C Industry With Strong Profits
Although economic uncertainty could affect insurers in the near to midterm, the workers compensation line continues to be a key driver of the profitability of the entire property/casualty insurance ...