Press releases are posted on Independent.com as a free community service. SACRAMENTO, Calif. — Today Insurance Commissioner Ricardo Lara enforced his “first of its kind” catastrophe modeling and ...
Gov. JB Pritzker is pushing for a bill that would allow the Illinois Department of Insurance to review the rate making ...
This year the insurance chief is working on legislation to expand FAIR Plan options while at the same time reducing its ...
As home insurance premiums continue to surge across the U.S., Florida has announced that its insurer of last resort will ...
Efforts to regulate the use of big data and artificial intelligence by insurance companies are rife with myths that threaten to harm policyholders, a leading trade group claims. "[U]nfounded notions ...
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 ...
CALIFORNIA, USA — Insurance officials say a first-of-its kind regulation is another step toward ending California's insurance crisis. "What we're doing is a comprehensive reform to 30-year-old ...
PALM BEACH GARDENS, Fla. — Florida's Office of Insurance Regulation (OIR) has sent a subpoena to Weiss Ratings in Palm Beach Gardens over the firm's data showing many insurers, including Citizens, ...
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 ...
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 ...
Louisiana, Oklahoma and Nebraska insurance regulators formally submitted objections to a proposed federal regulation that would impact short-term health insurance, just in time for the close of the ...