Consumers are hearing a lot about insurance difficulties around the country. The news from California and Florida and elsewhere about how disasters, skyrocketing premiums and carrier withdrawals are making coverages hard to find and afford naturally raises concerns in other …
The Pennsylvania Insurance Department (PID) reported that it has saved consumers $98.3 million in annual auto, home and other property/casualty insurance premiums in the first six months of 2024 through its review of insurance company rate filings. The vast majority …
In a change in regulatory practice, Connecticut has decided that all commercial lines claims made insurance forms and rates are now subject to full regulatory review. Citing compliance issues, Insurance Commissioner Andrew Mais issued a new bulletin (PC-63-24) on July …
A federal appeals court has declined to intervene in state regulatory proceedings in Maryland involving allegations of redlining by Erie Insurance, despite Erie’s complaints that the regulator has already shown bias against it and is likely to do so again. …
The Pennsylvania Insurance Department (PID) is reminding insurers of their obligation to conduct a physical inspection to confirm the type and extent of damage to a roof supposedly evidenced by aerial imagery. The regulatory agency said it has received consumer …
Vermont Governor Phil Scott has signed into law legislation updating certain sections of the state’s captive insurance statute including sections governing minimum capital requirements for agency captives and captives’ use of parametric contracts. The new law (H. 659) adds explicit …
Robert L. Carey was sworn in as Maine superintendent of insurance on February 28 after being confirmed by the state Senate. Carey brings more than two decades of experience advising state regulators and lawmakers on insurance policy, markets, and regulation. …
Supreme Court justices appeared receptive Monday to National Rifle Association claims that a former New York state official violated its free-speech rights by pressuring banks and insurance companies to blacklist the group after the deadly school shooting in Parkland, Florida. …
The National Association of Insurance Commissioners over the weekend announced Massachusetts Insurance Commissioner Gary D. Anderson as the organization’s chief executive officer. Anderson will start leading the NAIC by May 1, after completing his service as the Massachusetts Insurance Commissioner. …
While artificial intelligence made headlines with ChatGPT, behind the scenes, the technology has quietly pervaded everyday life — screening job resumes, rental apartment applications, and even determining medical care in some cases. While a number of AI systems have been …
