Legislation

Essential Steps to Prepare for Comprehensive Wildfire Litigation
Insurance Essential Steps to Prepare for Comprehensive Wildfire Litigation

When faced with the daunting prospect of wildfire litigation, it is essential to be proactively prepared to safeguard your rights and interests. Rushing into legal disputes without a well-strategized approach can lead to unfavorable outcomes. By following these crucial steps, you can ensure that

How Will 2024 Court Decisions Impact Bad Faith Insurance Claims?
Regulatory & Compliance How Will 2024 Court Decisions Impact Bad Faith Insurance Claims?

The landscape of bad faith insurance claims is constantly evolving, shaped by judicial decisions that set new precedents and refine existing laws. As we move into 2025, it is crucial for insurance professionals to understand how the significant court decisions of 2024 will impact their practices.

Fifth Circuit's Diverging Views on Texas Oilfield Indemnity Limits
Regulatory & Compliance Fifth Circuit's Diverging Views on Texas Oilfield Indemnity Limits

The oil and gas industry is no stranger to complex legal disputes, particularly when it comes to indemnity obligations in service contracts. Recent decisions by the Fifth Circuit Court of Appeals have brought to light the varying interpretations of the Texas Oilfield Anti-Indemnity Act (TOAIA),

How Do New ACA Laws Reduce Employers' Reporting Burden?
Insurance How Do New ACA Laws Reduce Employers' Reporting Burden?

On December 23, 2024, President Biden signed into law two important pieces of legislation, the Paperwork Burden Reduction Act (Reduction Act) and the Employer Reporting Improvement Act (Reporting Act). Both acts target easing the administrative and reporting burdens on health plan sponsors and

Annuities in 2025: A Smart Addition to Your Retirement Portfolio?
Insurance Annuities in 2025: A Smart Addition to Your Retirement Portfolio?

As retirement planning becomes increasingly complex, many individuals are exploring various financial products to secure their futures. One such product gaining considerable traction is the annuity. With recent legislative changes and evolving market trends, annuities are becoming a popular choice

Climate Change Drives Homeowner Insurance Crisis, Senate Hearing Reveals
Regulatory & Compliance Climate Change Drives Homeowner Insurance Crisis, Senate Hearing Reveals

The U.S. Senate Budget Committee convened on Wednesday to explore the growing impact of climate change on the insurance industry, focusing on a study that highlighted increasing non-renewal rates of homeowner insurance policies across various states. The hearing, led by Chairman Sen. Sheldon

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