The recent regulatory roundup highlights various state-level legislative and compliance actions within the insurance sector across the United States, emphasizing insurance fraud, new regulatory initiatives, and significant compliance-related fines. This comprehensive summary aims to outline the key
A groundbreaking legislative package signed by Governor Kathy Hochul aims to expand health insurance coverage for pregnant individuals in New York, marking a significant shift in the landscape of maternal health care. This new legislation mandates that health insurance plans must now enroll
The Insurance Brokers Code Compliance Committee (IBCCC) has published its Annual Report for 2023-24, highlighting critical areas where the Australian insurance broking industry needs to improve. The report underscores concerns about transparency, breach reporting, remuneration disclosure, and
Vienna Insurance Group (VIG), a leading insurance firm in Central and Eastern Europe, has introduced a new initiative called CyRiSo aimed at supporting small and medium-sized enterprises (SMEs) in managing and mitigating cyber risks. This development comes in response to mounting global concerns
As regulatory requirements continue to grow more complex, Denmark is witnessing significant advancements in the RegTech (Regulatory Technology) sector. The market is anticipated to grow by 19.4% annually, reaching $291.60 million in 2024. This remarkable growth signals a trend towards sophisticated
The appointment of Jessica Buss to the Board of Directors at Earnix, an AI-driven platform providing intelligent decision-making SaaS solutions to the insurance and financial services sectors, has generated substantial buzz in the industry. Set to commence on October 1st, Buss's role underscores a
