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The proposed regulations would require additional disclosures about SPAC sponsors, conflicts of interest and sources of dilution. -
The SEC intends to make information around climate-related risks more transparent.
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Coupled with potential new capacity and pricing adequacy on the horizon, the tumultuous medmal space may see stability in the medium term.
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By failing to pass plans for new roof damage deductible, Citizens Property policy reductions, Florida lawmakers left property insurance reforms in limbo.
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President Putin has signed off on a new law that has banned Russian carriers from ceding risks to reinsurers in "unfriendly states".
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The more important driver of past downswings in loss costs has been unemployment.
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Inside P&C’s news team runs you through the key developments from the past week.
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The Florida Senate passed Senate bill SB 1728 last Thursday, but it seems to have stalled in the state’s House of Representatives.
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Sources fear that the issue will be buried after the coming legislative elections in November.
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The Senate bill contains a highly debated provision that could cause homeowners to face a new deductible for roof-damage claims.
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The Department of Insurance found various violations including operations and management, complaint handling, underwriting and rating practices, and claims handling.
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The Washington state regulator’s permanent rule to ban the use of credit scoring data for three years is turning the Washington insurance market into “chaos”, APCIA said.
