Browsing: regulations

Debasish Panda’s term as IRDAI chief saw significant consumer-centric reforms, impacting the insurance industry’s business models and future direction, including the Bima Trinity initiative.

Proposed legislation in Maryland aims to strengthen consumer protections and data privacy in telematics programs.

Maryland’s Acting Insurance Commissioner backs legislation to increase oversight of auto insurance telematics, focusing on consumer protections and data privacy.

Auto insurance prices have risen dramatically across the U.S., straining household budgets. This article examines the main factors behind the increase, including rising vehicle thefts, lenient criminal justice policies, regulatory issues, and inflation’s impact on the auto industry. It also explores the effects on consumers and possible solutions.

Learn how to effectively file a complaint against your insurance company and what steps to take if you’re not satisfied with their service. Discover the different avenues for resolution and the role of state insurance departments.

The DMV experienced a hiccup in updating vehicle insurance records electronically, as required by state law. Errors occur, and this article discusses the impact.