In the ever-evolving agricultural landscape, securing financial stability for beginning farmers has become a critical concern. This has led to the introduction of bipartisan legislation, the Crop Insurance for Future Farmers Act, which aims to enhance crop insurance protections for farmers
Florida insurance regulators have come under scrutiny after a study, initially commissioned in 2021, revealed potential profit manipulation by insurance companies through affiliate firms. Investigations uncovered significant disparities between losses reported by insurers and profits enjoyed by
In an effort to refine how Risk-Based Capital (RBC) ratios are perceived and utilized, Ohio regulators have put forward a proposal that could significantly alter the landscape of transparency in the insurance sector by making annuity issuers' RBC ratios confidential. RBC ratios serve as a critical
The insurance industry is undergoing a revolutionary transformation with the integration of artificial intelligence (AI). The widespread adoption of AI promises to offer unprecedented efficiency and accuracy in the underwriting process, but it also raises fundamental issues that need to be
Amid a mounting property insurance crisis in Florida, a concerted effort by the state’s Republican lawmakers has materialized to introduce significant reforms aimed at closing loopholes, increasing transparency, and ensuring financial stability. Leading this initiative is Senator Blaise Ingoglia,
Atlantic Coast Life Insurance Co. (ACL) has recently found itself at the center of a significant legal and regulatory battle. The company's ongoing disputes with state regulators in South Carolina and Utah have raised questions about its financial stability and corporate governance. This article
