The New Mexico Office of Superintendent of Insurance enforces state laws, assists consumers with insurance complaints, licenses insurers, and oversees regulatory compliance to maintain a secure insurance market.
Florida's House Bill 655 introduces comprehensive regulations for pet insurance and wellness programs, enhancing disclosure requirements and marketing practices from 2024.
USAA achieves $3.9 billion profit and record $48.6 billion revenue in 2024, navigating rising insurance premiums and regulatory challenges. Membership grows past 14 million.
Arizona passes legislation to tighten regulation and oversight of sober living homes following a major Medicaid fraud scheme impacting Native American patients. The law enhances transparency, licensing standards, and reporting protocols for behavioral health providers.
NAMIC report dispels common myths about AI use in insurance, emphasizing the need for industry-specific regulation and the benefits of accurate risk-based pricing to promote competition and consumer access.
From 2021 to 2024, Utah homeowners saw nearly $700 average annual insurance premium increases amid climate risks and housing affordability challenges. This report highlights regulatory and market trends shaping property insurance.
New Jersey finalizes nationwide adoption of the NAIC best-interest annuity sales standard, reinforcing state regulatory primacy and impacting retirement product compliance.
Debate over Medicaid cuts threatens healthcare access for millions, impacting racial health equity and state-funded safety nets amid potential $880M reductions.
Explore recent U.S. insurance developments covering AI use in underwriting, wildfire risk mapping, data security breaches in auto insurance, environmental health concerns, and regulatory actions affecting property and environmental risk insurance.
Mangrove Property Insurance takes on 30,000 policies from Florida's Citizens Property Insurance as part of state-mandated depopulation to shift risk to private insurers. The move reflects ongoing regulatory approval and market adjustments in Florida's property insurance sector.
