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Insurance regulators recognized the growing need for more standard and comprehensive pet insurance guidelines.
To date, nearly half of all states have passed DSLI legislation.
Local fire departments in the United States responded to around 1.35 million fires in 2021, according to the NFPA.
Lithium-ion battery fires don't need oxygen to burn, making them difficult to extinguish and prone to reignition.
Global warming will demand accurate data sharing among MGAs, carriers and reinsurers.
Private flood insurance and cannabis-coverage are also priority topics for the association's legislative committee.
Review the external factors affecting claims and ways to ease some of those pressures.
Complicating the matter is the fact that climate-fueled extreme weather can be hard to predict.
A range of factors, including business type, claims history and payroll size, affect how much workers' comp insurance costs.
The pet insurance regulatory standards would require certain consumer disclosures, among other provisions.
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