Regulatory & Compliance

Is GM Violating Consumer Privacy by Selling Driver Data to Insurers?
Regulatory & Compliance Is GM Violating Consumer Privacy by Selling Driver Data to Insurers?

The disclosure that General Motors (GM) has been collecting and selling driver data to insurance companies has sparked significant concern over consumer privacy. From 2015 onwards, GM's practice of data sharing without explicit customer consent has led to a lawsuit by Texas Attorney General Ken

Insurity Launches API to Streamline Insurance Product Development
Regulatory & Compliance Insurity Launches API to Streamline Insurance Product Development

Insurity, a leading provider of cloud-based software and analytics for insurance carriers, brokers, and managing general agents (MGAs), has introduced the Insurity Spreadsheet API. This new solution is set to revolutionize the insurance industry by significantly accelerating product development

Michigan’s New Bills to Mandate Coverage of Emergency Contraception
Regulatory & Compliance Michigan’s New Bills to Mandate Coverage of Emergency Contraception

In a significant legislative move, Michigan is set to revamp its approach to emergency contraception access, courtesy of Senate bills 669 and 670. These bills propose that Medicare and private health insurers must cover emergency and over-the-counter contraceptives, marking a noteworthy step in

Vermont Approves Major Health Insurance Rate Hikes Amid Systemic Struggles
Regulatory & Compliance Vermont Approves Major Health Insurance Rate Hikes Amid Systemic Struggles

In a significant development affecting over 70,000 residents, the Green Mountain Care Board (GMCB) has approved substantial health insurance rate increases for Vermont in 2025. This move, while aiming to stabilize the financial health of the state's insurance providers, Blue Cross Blue Shield of

Will Michigan's New Bills Make Contraception More Accessible and Affordable?
Regulatory & Compliance Will Michigan's New Bills Make Contraception More Accessible and Affordable?

In Michigan, a new push for legislation aims to make emergency and over-the-counter contraception accessible and affordable, promising a significant shift in reproductive healthcare. While the primary focus of these proposals, encapsulated in Senate Bills 669 and 670, addresses the financial

Could AI Underwriting Revolutionize the (Re)Insurance Industry?
Regulatory & Compliance Could AI Underwriting Revolutionize the (Re)Insurance Industry?

In recent years, the integration of artificial intelligence (AI) into various sectors has proven to be transformative, and the (re)insurance industry is no exception. Aventum, a front-runner in InsurTech, has unveiled its latest innovation—the AI Underwriting Assistant. This groundbreaking tool is

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