Laws & Regulations

NAIC Advances AI Risk Governance for the Insurance Industry
Technology & Trends NAIC Advances AI Risk Governance for the Insurance Industry

Effective risk assessment now depends on factors such as the importance of the decision, the level of system autonomy, and the explainability of the resulting output for consumers. At the NAIC 2026 Summer National Meeting in Columbus, Ohio, the Big Data and Artificial Intelligence Working Group

Massachusetts Orders $14.5M in Dental and Health Rebates
Insurance Massachusetts Orders $14.5M in Dental and Health Rebates

Individual and small employer health plan members will share $6.1 million in rebates because their insurers did not meet the state's 88 percent medical loss ratio. This significant financial adjustment comes at a time when the cost of living continues to challenge household budgets, offering a rare

Can Universal Healthcare Save the U.S. $1 Trillion a Year?
Insurance Can Universal Healthcare Save the U.S. $1 Trillion a Year?

Transitioning to a universal healthcare model could reduce national medical expenditures by approximately $1.04 trillion every year, representing a nearly 20% cut in total spending. This projection emerges from a landscape where the current multi-payer system creates a labyrinth of administrative

Ukraine Sets 2026 Retirement Ages and Pension Amounts
Insurance Ukraine Sets 2026 Retirement Ages and Pension Amounts

While the general retirement age for both men and women in Ukraine remains fixed at sixty, the required length of service continues to increase annually toward a target threshold. This systemic shift reflects the ongoing evolution of social security, where the emphasis has moved toward documented

Does English Law Override Middle East Reinsurance Customs?
Insurance Does English Law Override Middle East Reinsurance Customs?

The mysterious disappearance of the seventy-million-dollar tanker known as the M/T BETA off the coast of the United Arab Emirates remains one of the most compelling maritime enigmas in recent history, ultimately forcing a radical reassessment of how international insurance law interacts with

Mark Walter Sells Lakers Amid $17 Billion Insurance Probe
Insurance Mark Walter Sells Lakers Amid $17 Billion Insurance Probe

Federal regulators are examining a massive $15.6 billion discrepancy between the reported and actual related-party investments held by Delaware Life Insurance Co. and Clear Spring Life and Annuity. This development has cast a long shadow over Mark Walter’s recent departure from the Los Angeles

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