Browsing: insurance regulation

The New Hampshire Insurance Department has released a bulletin clarifying insurers’ obligations when using virtual claims adjustment systems for automobile damage assessments.

Indonesia’s financial regulator, Otoritas Jasa Keuangan (OJK), has delayed the implementation of mandatory third-party liability (TPL) insurance for motor vehicles, awaiting a government regulation.

Department of Financial Services Secretary indicates no plans to restrict bancassurance channel, emphasizing its potential role in increasing insurance penetration

Learn about the efforts of the Insurance Fraud Unit in preventing and investigating insurance fraud, their collaboration with various agencies, and their outreach programs to educate the public.

China’s National Financial Regulatory Administration issues new policy to realign commission incentives and strengthen life insurance agents’ capabilities

The National Association of Insurance Commissioners (NAIC) is advocating for state control over insurance regulation and the abolishment of the Federal Insurance Office (FIO).

State insurance regulators are taking a closer look at the growing practice of offshore reinsurance, aiming to ensure the financial stability of the life insurance industry and protect policyholders.

The Alberta Superintendent of Insurance and the Alberta Insurance Council released bulletins clarifying regulations for motor vehicle protection products, impacting OEMs, dealers, and third-party providers.

The New Jersey Department of Banking and Insurance is proposing new regulations to strengthen oversight of life insurance companies.

Florida legislators questioned current and former insurance commissioners about a 2022 report detailing money transfers from insurers to affiliates, raising concerns about financial practices amid rising property insurance costs.