In a bold legislative move, Minnesota lawmakers Rep. Kaoly Berg and Sen. Zaynab Mohamed have introduced a new bill aimed at providing unemployment benefits to striking workers. The legislative pieces, marked as HF 3446 and SF 3588, seek to address a crucial gap in employee protection during labor
Comprehensive Insurance Reform The Natural Disaster Reinsurance Plan Proposal In Florida, soaring insurance premiums have made economic relief vital for homeowners' stability. Representative Jared Moskowitz's Natural Disaster Reinsurance Plan could be a catalyst for change, promising up
The Drive for Data Disclosure Consumer Advocacy and Regulatory Response Consumer advocate groups have been pushing for greater transparency in the property and casualty insurance sector, emphasizing the necessity for open access to industry data amidst increasing natural disasters. The increased
CThe insurance sector is on the brink of a major shift, influenced by technological advances, climate change implications, and an evolving regulatory framework. Artificial Intelligence (AI) is becoming a key tool for insurers, enhancing risk evaluation and efficiency in their operations. Meanwhile,
State insurance regulators and the NAIC are spearheading a pivotal data call involving over 400 property insurers, signaling a major shift in U.S. property insurance regulation. This move showcases a transition to a data-centric approach, reflecting the evolving nature of the insurance industry
