NAIC's AI Model Bulletin Faces Criticism over Regulatory Gaps and Industry Ties
The NAIC's AI Model Bulletin on insurers highlights regulatory challenges, industry influence, and unresolved issues like proxy discrimination in U.S. insurance.
California Proposal to Repeal Key Insurance Regulation: Prop 103 at Risk
A California ballot initiative aims to repeal Proposition 103, which has regulated property and casualty insurance for decades. The change could impact premium approvals, market stability, and wildfire risk policies.
Illinois Launches Campaign to Address Discriminatory Auto Insurance Pricing
Illinois Secretary of State launches 'Driving Change' campaign targeting socioeconomic biases in auto insurance rates. Legislation seeks to enhance transparency and rate review.
Illinois Considers Reforming Auto Insurance Rates to Focus on Driving Records
Illinois Auto Insurance rates favor credit and ZIP codes over driving records, prompting new legislation for greater transparency and fairness.
Consumer Federation Advocates for Study on Montana's Property Insurance Market
The Consumer Federation of America supports HJ 61 to study Montana's property insurance market amidst rising costs and coverage changes. Learn how this could impact homeowners.
Homeowners Insurance Premiums Surge: A Nationwide Crisis
A new report reveals a dramatic rise in homeowners insurance premiums, impacting American homeowners nationwide. The Consumer Federation of America warns of a crisis that requires urgent government action.