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A Florida court has ordered Florida Specialty into receivership after it was determined it had a negative surplus of $1.48 million.
The more than $41 million settlement payment is the largest in the California Department of Insurance's history.
Lockton Affinity has agreed to pay a $1 million fine for administering a National Rifle Association-sponsored insurance program.
The California Supreme Court's decision upholds a historic $27.6 million fine against Mercury for illegal practices.
The workers' comp insurer reportedly bundled side agreements with its products that forced small businesses to pay higher plan fees.
Newly confirmed Superintendent Linda Lacewell announced three new appointments at DFS, NY's top financial regulator.
The bill didn't make it to the State Senate floor for a vote before lawmakers left Albany for the year.
With the constant progression of technology, Lacewell said the division was a must for the agency.
New York Governor Andrew Cuomo has called the NRA's lawsuit frivolous.
It's the second time DFS has sued the OCC over its decision to allow fintech companies that do not receive deposits to seek special-purpose national bank charters.