The homeowners' insurance market in California has been grappling with significant challenges, primarily driven by regulatory complexities and a rapidly changing risk environment. Central to these issues is the influence of Proposition 103, a regulation that has tightly bound insurers to a rigid
The rejection of Barbara Richardson by Arizona's Senate was a pivotal moment revealing the intense partisan divides prevailing within the state's legislative corridors. Nominated by Democratic Governor Katie Hobbs to lead the Department of Insurance and Financial Institutions (DIFI), Richardson
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. Senator
Introducing Simon Glairy, a leading authority in insurance and Insurtech. With a keen focus on risk management, Simon brings invaluable insights into the evolving landscape of board risk oversight. His expertise in AI-driven risk assessment gives him a distinctive perspective on the challenges and
Across the insurance landscape, a groundbreaking shift is occurring as artificial intelligence enables insurers to extend coverage to homes once deemed too risky or outright uninsurable. Advanced AI-driven analytics, particularly those developed by technology innovators like ZestyAI, have redefined
In a noteworthy shift in the UK insurance industry, David Otudeko's new position as Director of Regulation at the Association of British Insurers (ABI) is expected to have significant implications. Since joining the ABI in June 2021 as Assistant Director and Head of Prudential Regulation, Otudeko
