Regulation/Legislation

In addition to the roof program, SB26-155 requires a statewide study examining insurance risk in wildfire-prone regions.

Deprioritizing regulation may undercut business resilience at North American carriers, Fusion Risk Management reports.

Regulators said State Farm failed to initiate timely investigations, lagged with decisions and payments, and chronically underpaid claims.

As FAIR plans evaluate their next steps, a few principles can make the difference between incremental improvement and meaningful change.

A fourth reform bill was rejected by the Senate Insurance Committee.

The regulation would have classified many small captive insurance arrangements as tax-avoidance arrangements.