Connecticut Regulator Opposes Letting Self-Storage Businesses Sell Insurance to Tenants March 14, 2023 Owners of self-storage businesses in Connecticut want to be able to sell property insurance to their tenants but the state...
Pennsylvania Gov. Shapiro Wants Humphreys to Remain as Insurance Commissioner January 18, 2023 Newly sworn-in Pennsylvania Gov. Josh Shapiro is assembling his team and has selected Mike Humphreys to be the state’s insurance...
Virginia Lawmakers Again Fail to Fill Vacancy on Key Regulatory Agency September 9, 2022 By Sarah Rankin Virginia lawmakers elected a handful of local judges Wednesday but failed yet again to fill a vacancy on the powerful...
Man-Made Crises Threaten P/C Markets, Says Joint Report From Trade Associations August 24, 2022 By Chad Hemenway Several insurance industry trade associations used the 30th anniversary of Hurricane Andrew – a storm that upended and transformed insurance...
New Jersey Court Upholds State Regulator in Dispute With Applied Underwriters May 2, 2022 By Andrew G. Simpson The New Jersey insurance commissioner does not have to rely upon the state’s attorney general to bring a lawsuit against...
Maryland Authorizes Remote Rather Than On-Site Reviews of MGAs April 19, 2022 Insurance companies can conduct remote rather than on-site reviews of their managing general agents in Maryland beginning in October. Gov....
Long-Time Maine Insurance Regulator Cioppa to Retire April 1 March 11, 2022 After 33 years at the Maine Bureau of Insurance, including 10 as superintendent and 13 as deputy superintendent, Eric Cioppa...
District Joins $100M Settlement With Digital Lender BlockFi February 16, 2022 The District of Columbia reports that it is part of a $100 million settlement with digital asset lending platform BlockFi...
Top 10 P/C Insurance Market Conduct Issues October 13, 2021 The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and...
Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities February 10, 2021 The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies,...