Legislation

Virginia Enacts Stricter Car Insurance Laws to Boost Financial Protection
Regulatory & Compliance Virginia Enacts Stricter Car Insurance Laws to Boost Financial Protection

Recent changes to car insurance laws in the Commonwealth of Virginia have sparked significant interest and discussion. These new regulations, designed to enhance financial protection for drivers, include the elimination of the uninsured motorist fee option, increased minimum coverage limits, and

October 2, 2024
Future Trends in Italian Insurance: Digital and Regulatory Shifts
Regulatory & Compliance Future Trends in Italian Insurance: Digital and Regulatory Shifts

The landscape of the Italian insurance industry is undergoing significant transformations, driven by rapid digital advancements and evolving regulatory frameworks. The convergence of these factors is reshaping how insurers operate, interact with customers, and comply with a complex web of local and

September 20, 2024
New Zealand Proposes Modernized Insurance Laws with Consumer Protections
Regulatory & Compliance New Zealand Proposes Modernized Insurance Laws with Consumer Protections

New Zealand is on the verge of a significant legal overhaul that promises to transform its insurance industry. The Contracts of Insurance Bill, currently under review, is poised to modernize outdated regulations, bolster consumer protections, and address emerging issues such as genetic information

September 11, 2024
Can Singapore's New Scam Bill Effectively Combat Online Fraud?
Regulatory & Compliance Can Singapore's New Scam Bill Effectively Combat Online Fraud?

As the world continues to digitalize, the prevalence and complexity of online scams have surged, posing significant threats to individuals and financial institutions alike. In response, Singapore’s Ministry of Home Affairs (MHA) has introduced the Protection from Scams Bill. This legislation aims t

September 4, 2024
UK Cyber Security Bill: Impact on Insurance and Compliance
Regulatory & Compliance UK Cyber Security Bill: Impact on Insurance and Compliance

The proposed Cyber Security and Resilience Bill, unveiled in the recent King’s Speech, marks a significant move by the UK government to strengthen the nation's cyber security framework in response to an increasingly hostile digital threat landscape. This article delves into how this bill could

August 23, 2024
How Will Rhode Island's New Law Affect Insurers' Data Privacy Practices?
Data Analytics How Will Rhode Island's New Law Affect Insurers' Data Privacy Practices?

Rhode Island is taking a significant step towards enhancing cybersecurity in the insurance sector with a new data privacy law set to take effect on January 1, 2025. This landmark legislation requires insurers to establish and maintain a comprehensive written information security program, which must

August 23, 2024
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