Legislation

State-Level Insurance Regulatory Actions: Fraud, Fines, and Innovations
Regulatory & Compliance State-Level Insurance Regulatory Actions: Fraud, Fines, and Innovations

The recent regulatory roundup highlights various state-level legislative and compliance actions within the insurance sector across the United States, emphasizing insurance fraud, new regulatory initiatives, and significant compliance-related fines. This comprehensive summary aims to outline the key

December 6, 2024
How Will New York's New Laws Impact Health Insurance for Pregnant People?
Regulatory & Compliance How Will New York's New Laws Impact Health Insurance for Pregnant People?

A groundbreaking legislative package signed by Governor Kathy Hochul aims to expand health insurance coverage for pregnant individuals in New York, marking a significant shift in the landscape of maternal health care. This new legislation mandates that health insurance plans must now enroll

December 3, 2024
California Enhances Pet Insurance and Care with New Legislation
Regulatory & Compliance California Enhances Pet Insurance and Care with New Legislation

California has taken significant steps towards enhancing pet care and protection for pet owners with the recent signing of two substantial bills by Governor Gavin Newsom. These legislative actions, SB 1217 and SB 1233, promise to bring necessary transparency and accessibility to pet healthcare and

October 2, 2024
MetLife Maneuvers Regulatory Oversight, Risks Market Stability Amid CRE
Regulatory & Compliance MetLife Maneuvers Regulatory Oversight, Risks Market Stability Amid CRE

In the aftermath of the Global Financial Crisis (GFC), regulatory frameworks like the Dodd-Frank Act were instituted to ensure financial stability and prevent systemic risks posed by large financial institutions. Central to these efforts was the Financial Stability Oversight Council (FSOC), tasked

September 27, 2024
NIA Ceases Key Coverage for Foster Agencies Amid New California Law
Regulatory & Compliance NIA Ceases Key Coverage for Foster Agencies Amid New California Law

The Nonprofits Insurance Alliance of California Inc. (NIA) has made a significant decision to halt the renewal of specific insurance coverages for foster family agencies (FFAs) in California. This decision directly responds to new state legislation, Assembly Bill 2496, signed by Governor Gavin

September 27, 2024
How Will Kyrgyzstan's New Mandatory Insurance Law Affect You?
Regulatory & Compliance How Will Kyrgyzstan's New Mandatory Insurance Law Affect You?

Kyrgyzstan is set to enforce new legislation that mandates compulsory insurance for both cars and homes starting September 2024, marking a significant shift in the country’s approach to managing liability and property risks. This new law requires vehicle owners to present a valid compulsory civil l

September 19, 2024
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