Laws & Regulations

How Will IB+ Data Hub Transform Insurance Decision-Making?
Regulatory & Compliance How Will IB+ Data Hub Transform Insurance Decision-Making?

In the insurance industry, it is essential to have accurate and timely information to make sound decisions that sustain competitiveness and ensure compliance. Given the industry's complexity and constant regulatory changes, professionals require more than raw data. They need intelligent insights

California Homeowners Sue Insurers for Colluding to Limit Wildfire Cover
Regulatory & Compliance California Homeowners Sue Insurers for Colluding to Limit Wildfire Cover

In a shocking development, two lawsuits have been filed against major home insurance companies in California, including industry giant State Farm, alleging that these companies colluded to reduce coverage in high wildfire-risk areas. Homeowners claim that this forced them onto the state’s FAIR

Beware Fake Car Insurance Scams on WhatsApp in Utah
Regulatory & Compliance Beware Fake Car Insurance Scams on WhatsApp in Utah

The Utah Department of Insurance has issued a warning about scammers selling fake auto insurance policies via WhatsApp. These fraudsters provide counterfeit proof of insurance using the names of real local agents, leading buyers to believe they have valid coverage when they do not. With the average

Is Parametric Insurance the Future of Disaster Recovery in New York?
Regulatory & Compliance Is Parametric Insurance the Future of Disaster Recovery in New York?

Increasingly frequent and severe climate-related disasters pose substantial challenges for recovery efforts, prompting the search for more efficient insurance solutions. New York's recent legislative move to incorporate parametric insurance aims to address this demand, providing quicker financial

RegTech UK: Enhancing Regulatory Technology for Future UK Growth
Regulatory & Compliance RegTech UK: Enhancing Regulatory Technology for Future UK Growth

Today we are joined by Simon Glairy, a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. We will discuss the launch of RegTech UK by Innovate Finance, the challenges and opportunities within the regtech industry,

Is Elon Musk's Antitrust Battle Against OpenAI Disrupting AI Innovation?
Regulatory & Compliance Is Elon Musk's Antitrust Battle Against OpenAI Disrupting AI Innovation?

Elon Musk's latest antitrust battle against OpenAI has sparked significant interest and discussion, particularly as the AI landscape continues to evolve rapidly. This battle began following OpenAI's transition from a non-profit organization to a for-profit business model. Musk's claims have

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