Laws & Regulations

Can Liberty Mutual Win Big in Surety Bond Disputes?
Regulatory & Compliance Can Liberty Mutual Win Big in Surety Bond Disputes?

In the intricate world of insurance and construction, surety bond disputes often emerge as high-stakes battles that test the strength of contractual agreements and the resolve of the parties involved. A recent legal triumph by Liberty Mutual Insurance Company against Active Fire Sprinkler NYC, LLC,

How Is the FCA Reshaping UK Retail Insurance Markets?
Risk Management How Is the FCA Reshaping UK Retail Insurance Markets?

In the ever-evolving landscape of the UK’s retail insurance sector, the Financial Conduct Authority (FCA) has stepped in with a bold initiative to address mounting consumer concerns over affordability and fairness, particularly in areas like motor, home, and travel insurance. With premiums soaring

Trump Policy Cuts Health Coverage for 2,300 California Dreamers
Insurance Trump Policy Cuts Health Coverage for 2,300 California Dreamers

In a striking policy reversal that has sent shockwaves through immigrant communities, the Trump administration has dismantled a rule that previously enabled Deferred Action for Childhood Arrivals (DACA) recipients, widely known as "Dreamers," to secure subsidized health insurance via Covered

Soaring Health Insurance Costs Spark Reform Debate in USVI
Insurance Soaring Health Insurance Costs Spark Reform Debate in USVI

In the U.S. Virgin Islands, a financial crisis is brewing as health insurance costs for government employees and retirees have skyrocketed, climbing nearly $72 million since 2019, from $154.4 million in fiscal year 2019 to a staggering projection of $226 million by 2026, placing an unprecedented

Pennsylvania Bill Mandates Flood Risk Disclosure for Buyers
Regulatory & Compliance Pennsylvania Bill Mandates Flood Risk Disclosure for Buyers

In the heart of Pennsylvania, where rolling hills and winding creeks paint a picturesque landscape, a hidden danger often lurks beneath the surface—flooding. For countless residents, the devastating impact of sudden deluges has turned dream homes into financial nightmares, with damages costing

Illinois Leaders Demand Insurance Rate Transparency
Regulatory & Compliance Illinois Leaders Demand Insurance Rate Transparency

In a mounting wave of frustration, Illinois state leaders are publicly challenging the insurance industry over practices they deem unfair and shrouded in secrecy, particularly in the realms of auto and homeowners insurance. High-profile officials, including Secretary of State Alexi Giannoulias,

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