Regulatory & Compliance

Will the Insurance Data Protection Act Curb Federal Overreach?
Regulatory & Compliance Will the Insurance Data Protection Act Curb Federal Overreach?

Efforts to maintain a balance of power between federal and state regulation have become increasingly important in today's dynamic and evolving insurance sector. Recent legislative efforts have exemplified this concern through the Insurance Data Protection Act (S. 1544), introduced by U.S.

Is FSRA Ensuring Integrity in Ontario's Insurance Industry?
Regulatory & Compliance Is FSRA Ensuring Integrity in Ontario's Insurance Industry?

In today's discussion, we delve into the world of financial regulation with Simon Glairy, a well-versed expert in insurance and Insurtech, renowned for his insights into risk management and AI-driven risk assessment. We are exploring the intricate operations of the Financial Services

Insurance Canopy Launches Digital Surety Bond Program
Regulatory & Compliance Insurance Canopy Launches Digital Surety Bond Program

Insurance Canopy has unveiled a groundbreaking Surety Bond Program tailored to simplify compliance for small businesses via a cutting-edge digital platform. This modern approach aims to streamline historically cumbersome processes, offering professionals across various licensed sectors a more

Kazakhstan Expands Health Insurance to Unemployed by 2026
Regulatory & Compliance Kazakhstan Expands Health Insurance to Unemployed by 2026

Kazakhstan is making significant strides in creating a more inclusive healthcare system, aiming to extend compulsory medical insurance coverage to over one million unemployed and vulnerable citizens by next year. The country's current health insurance framework involves mandatory contributions

Landmark Data Breach Exposes Personal Info of 1.6 Million
Regulatory & Compliance Landmark Data Breach Exposes Personal Info of 1.6 Million

In a significant development reported by Landmark Admin, the insurance administrative services provider has revised the implications of its past cyberattack, alarmingly doubling the number of individuals affected. Initially, the breach, detected in May 2024 and disclosed in October of that year,

Could Credit Scores Be Banned in NY Auto Insurance Premiums?
Regulatory & Compliance Could Credit Scores Be Banned in NY Auto Insurance Premiums?

In a significant move towards reshaping the landscape of auto insurance, New York state is considering a groundbreaking piece of legislation that could potentially ban the usage of credit scores in determining auto insurance premiums. Traditionally, insurers across various states have employed

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