Home warranties can protect homeowners from unexpected repair or replacement costs, providing peace of mind. However, concerns about deceptive practices and inadequate coverage by home warranty ...
In an extraordinary criticism of one state agency by another, Florida’s Office of Insurance Regulation told legislators that a department led by then-Chief Financial Officer Jimmy Patronis may have ...
State insurance laws impose restrictions and regulatory oversight on the control of insurance companies by parent companies and related entities. Such "insurance holding company" regulation, which has ...
Although Gov. Ron DeSantis for months has hinted at legislation addressing the rapid growth of artificial intelligence, insurance lobbyists argued before a Florida House panel Tuesday that state law ...
A revolution is underway in California’s insurance market that could provide relief to homeowners in high-fire-risk neighborhoods who have found it difficult to find insurers to cover their homes, ...
Much of the activity surrounding the state insurance regulation of artificial intelligence (“AI”) in the insurance industry this year was prompted by the NAIC Model Bulletin: Use of Artificial ...
At the end of last year, California issued emergency new insurance regulations giving insurers more freedom to raise premiums while also requiring them to extend coverage to wildfire-prone areas of ...
Despite their intention to protect against coverage denial and/or premium increases, additional state-level Medigap regulations are correlated with lower Medigap enrollment and stronger moral hazard.
Private equity firms have taken more significant investment and ownership positions in life insurance and annuity companies. The positives that come from private equity’s involvement include increased ...
America is ceding its insurance regulation to international nongovernmental organizations that have crippled Europe’s insurance sector. If U.S. regulators continue down this path, they risk ...
Da Lin is an award-winning journalist at KPIX 5 News. He joined KPIX 5 in 2012, but has been reporting the news in the Bay Area since 2007. Da grew up in Oakland, and before his return to the Bay Area ...