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Browsing: regulation
An overview of Bermuda’s significant role in the insurance and reinsurance industries, exploring its regulatory environment, business-friendly atmosphere, and its impact on the US and international markets.
Insurance industry experts advise focusing on state-level AI regulations while monitoring potential federal updates. The current regulatory landscape emphasizes self-governance.
New regulations aim to improve training, oversight, and consumer protection in the life and health insurance sector.
The Australian Code Administration Committee (CAC) has released a draft of its revised motor vehicle insurance and repair industry code for public consultation.
Hong Kong’s regulatory changes will permit high-net-worth individuals to access indexed universal life (IUL) insurance policies, aligning with the city’s efforts to bolster its wealth management sector.
Texas legislators and the state’s insurance regulator are examining whether insurance companies should be permitted to mandate that consumers purchase both home and auto insurance policies from the same provider.
A Utah judge has temporarily halted an emergency order that restricted Sentinel Security Life Insurance Co. from issuing new policies nationwide, following a similar reversal in South Carolina.
A North Dakota judge has ruled in favor of the state’s insurance commissioner, blocking a rate increase attempt by a financially troubled long-term care insurer. The ruling protects policyholders from potentially significant premium hikes.
The Office of Insurance Commission (OIC) in Thailand has initiated a stress test plan for 2025 to evaluate the resilience of insurance businesses against various risk scenarios.
An analysis of the anxieties of U.S. life and annuity issuers amidst global economic uncertainties.