The Financial Conduct Authority (FCA) recently launched a comprehensive review focused on refining financial services regulations, with a primary emphasis on optimizing commercial insurance regulation in the UK. This review could significantly impact the industry by lowering regulatory expenses and
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
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
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
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
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