Regulatory & Compliance

Regulatory Models and Cyber Insurance Working Together for Security
Regulatory & Compliance Regulatory Models and Cyber Insurance Working Together for Security

In today’s digital age, the synergy between regulatory models and cyber insurance plays a crucial role in shaping an organization’s security landscape. The intricate relationship between legislative frameworks and insurance policies not only guides businesses in maintaining robust cybersecurity

FCA Report Highlights Insurance Industry's Shortcomings on Fair Value
Regulatory & Compliance FCA Report Highlights Insurance Industry's Shortcomings on Fair Value

The insurance industry in the United Kingdom is under the microscope again, thanks to a new report from the Financial Conduct Authority (FCA). Published on August 21, 2024, the report scrutinizes how well insurance providers and brokers are delivering fair value to their customers. Efforts have

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

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