The Peoria Fire Department responded to a house fire near West Millman and South Webster Streets on Tuesday, with six fire ...
At the end of last year, California issued emergency new insurance regulations giving insurers more freedom to raise premiums while also requiring them to extend coverage to wildfire-prone areas of ...
The final language of the homeowners insurance bill is contained in House Bill 4273, which passed the House 72-38 on Wednesday night. It requires companies to give policyholders at least 60 days’ ...
A revolution is underway in California’s insurance market that could provide relief to homeowners in high-fire-risk neighborhoods who have found it difficult to find insurers to cover their homes, ...
In an extraordinary criticism of one state agency by another, Florida’s Office of Insurance Regulation told legislators that a department led by then-Chief Financial Officer Jimmy Patronis may have ...
Much of the activity surrounding the state insurance regulation of artificial intelligence (“AI”) in the insurance industry this year was prompted by the NAIC Model Bulletin: Use of Artificial ...
Home warranties can protect homeowners from unexpected repair or replacement costs, providing peace of mind. However, concerns about deceptive practices and inadequate coverage by home warranty ...
Private equity firms have taken more significant investment and ownership positions in life insurance and annuity companies. The positives that come from private equity’s involvement include increased ...
In industries where government oversight is extensive—such as financial services, pharmaceuticals, freight rail and insurance—the idea of industry self-regulation may seem unnecessary or redundant.