Laws & Regulations

Rising Home Insurance Premiums: Challenges, Causes, and Solutions Analyzed
Regulatory & Compliance Rising Home Insurance Premiums: Challenges, Causes, and Solutions Analyzed

Home insurance premiums are rising at alarming rates, placing substantial financial burdens on homeowners across the United States. This escalating trend is driven by a confluence of factors including climate change, regulatory hurdles, and inflation. The impacts are far-reaching, affecting not

Corporate Counsel Role at Larson Maddox Focuses on Insurance Law Expertise
Regulatory & Compliance Corporate Counsel Role at Larson Maddox Focuses on Insurance Law Expertise

The Corporate Counsel position at Larson Maddox offers a dynamic and multifaceted role for legal professionals specializing in insurance law. Situated in Arlington Heights, this role is not just about providing legal advice; it encompasses a broad spectrum of responsibilities that underscore the

Strengthening Business Resilience: Embracing 831(b) Plans for Unforeseen Risks
Risk Management Strengthening Business Resilience: Embracing 831(b) Plans for Unforeseen Risks

In an era characterized by unprecedented volatility and unpredictability, businesses must adopt innovative strategies to ensure their survival and growth. The COVID-19 pandemic has starkly highlighted the inadequacies of traditional insurance models, unveiling the urgent need for alternative risk

UK Insurance Sector Optimistic About Collaboration with New Government
Insurance UK Insurance Sector Optimistic About Collaboration with New Government

The recent election of Prime Minister Keir Starmer's new Labour government has generated a positive response from key stakeholders in the UK insurance industry, including Lloyd's, the Association of British Insurers (ABI), and Previsico. These leaders see the new government's agenda as a promising

Pennsylvania Mandates Comprehensive Roof Inspections for Insurance Decisions
Regulatory & Compliance Pennsylvania Mandates Comprehensive Roof Inspections for Insurance Decisions

The Pennsylvania Insurance Department (PID) has enacted a new directive reinforcing the need for thorough and comprehensive assessments in home insurance policy decisions, particularly concerning the use of aerial imagery for evaluating roof conditions. This move aims to address and mitigate

Can New Regulations Solve California's Property Insurance Crisis?
Regulatory & Compliance Can New Regulations Solve California's Property Insurance Crisis?

California is currently grappling with a stark property insurance crisis, primarily fueled by escalating wildfire risks and surging inflation rates. Homeowners residing in high-risk areas are finding it increasingly difficult to obtain insurance coverage as numerous insurers have either paused or

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