Regulators

Navigating Rising Risks in Casualty Insurance: Industry Leaders Speak
Insurance Navigating Rising Risks in Casualty Insurance: Industry Leaders Speak

The world of casualty insurance is facing intense scrutiny as executives grapple with new and evolving challenges. From concerns over reserving amid the soft-market years to the rising phenomena of social inflation and legal-system abuse, the industry is in a state of flux. This article compiles

September 9, 2024
Regulatory Models and Cyber Insurance Working Together for Security
Regulatory & Compliance Regulatory Models and Cyber Insurance Working Together for Security

In today’s digital age, the synergy between regulatory models and cyber insurance plays a crucial role in shaping an organization’s security landscape. The intricate relationship between legislative frameworks and insurance policies not only guides businesses in maintaining robust cybersecurity mea

August 23, 2024
FCA Report Highlights Insurance Industry's Shortcomings on Fair Value
Regulatory & Compliance FCA Report Highlights Insurance Industry's Shortcomings on Fair Value

The insurance industry in the United Kingdom is under the microscope again, thanks to a new report from the Financial Conduct Authority (FCA). Published on August 21, 2024, the report scrutinizes how well insurance providers and brokers are delivering fair value to their customers. Efforts have

August 23, 2024
How Will FCA's Regulatory Review Impact UK Commercial Insurance?
Insurance How Will FCA's Regulatory Review Impact UK Commercial Insurance?

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

August 14, 2024
Vermont Approves Major Health Insurance Rate Hikes Amid Systemic Struggles
Regulatory & Compliance Vermont Approves Major Health Insurance Rate Hikes Amid Systemic Struggles

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

August 14, 2024
Rising Home Insurance Premiums: Challenges, Causes, and Solutions Analyzed
Regulatory & Compliance Rising Home Insurance Premiums: Challenges, Causes, and Solutions Analyzed

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

July 26, 2024
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