Regulators

California is facing an unprecedented challenge as increasing wildfire risks, driven by climate change, strain the state's insurance systems. Private insurers are retreating from high-risk areas, leaving homeowners to rely on state-backed "last resort" insurance plans like

The large-scale insurance claims in Los Angeles, characterized by complexity and diversity, require a methodical, informed approach grounded in precision and collaboration. The particular blend of urban development and susceptibility to natural disasters such as earthquakes and wildfires in Los

The captive insurance market in Vermont is experiencing remarkable growth, driven largely by the increasingly challenging conditions in the broader commercial insurance landscape. Businesses, facing difficulties in securing adequate coverage, are increasingly turning to captives as viable

The commercial insurance market has been experiencing significant instability, prompting businesses to seek alternative risk management solutions. One such solution gaining traction is captive insurance. This article delves into the current market conditions, the benefits of captive insurance, and

The Office of Inspector General (OIG) recently issued a favorable opinion in Advisory Opinion No. 24-13 regarding a pharmaceutical manufacturer's program that provides free transportation, lodging, and support to eligible patients and their caregivers. This opinion, released on December 31,

Elon Musk has recently filed antitrust claims against OpenAI, challenging its transition to a for-profit organization. This move has garnered the support of U.S. antitrust regulators, including the Department of Justice (DoJ) and the Federal Trade Commission (FTC). These regulatory bodies have