Insurers Welcome Global Regulation Provision in Banking Reform Bill May 23, 2018 By Andrew G. Simpson The financial services regulatory reform measure passed by Congress yesterday, which contains parts of more than 25 different bills, includes...
State Regulators Scrutinizing Use of Premium Caps in Insurance Rating April 20, 2017 By Joseph S. Harrington, CPCU, ARP Concerns over price optimization are leading regulators to think carefully about the implications of longstanding practices in insurance rating, including...
Why Allowing Health Insurance Sales Across State Lines Won’t Help March 7, 2017 By Peter Orszag The effort to replace Obamacare faces increasing challenges, the more it is subjected to the harsh light of scrutiny. A...
New York State Finalizes First-in-Nation Cyber Security Regulation February 17, 2017 By Jim Finkle and Karen Freifeld New York state announced a final cyber security regulation on Thursday with mandatory standards for banks and insurers to combat...
How Notification Requirements for Conditional Renewals Vary by State February 10, 2015 By Christopher J. Boggs All but four states and the District of Columbia address the insurance carrier’s duty to notify an insured of its...
Federal Government Shutdown Effect on P/C Insurance Industry September 30, 2013 By Andrew G. Simpson If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance...
State Insurance Regulators Invoke Jefferson to Limit Federal Role September 18, 2013 By Zachary Tracer State insurance regulators are drawing on the country’s founding principles as they resist international pressure to give the federal government...
Florida Fines Universal P/C $1.3M for Claims Delays, Notice Failures May 31, 2013 Florida’s second largest property insurer is being hit with a fine of nearly $1.3 million. Florida Insurance Commissioner Kevin McCarty...
Insurers Divided Over North Carolina Auto Insurance Rate System December 28, 2012 By Emery P. Dalesio A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which...
North Carolina Regulator Calls for Hearing, Delay on Home Insurance Rates October 25, 2012 By Emery P. Dalesio Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have...