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House Bill 672 adds regulation to the Louisiana MGA market. -
The regulations have been officially published online, with a hearing to be held next month.
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The ruling only applies to a Florida retirement community.
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Insurance industry representatives meanwhile say they’re common sense and necessary.
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A letter wants an update on progress towards addressing climate-related financial risks.
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Commissioner Andrew Mais said AI is also a priority for regulators.
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Reforms would seek to tamp down legal costs that can drive insurance costs up.
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The action follows the completed acquisition of Accredited by Onex Partners.
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The measures include stricter timelines for rate application approvals and follow-ups.
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A quick roundup of today’s need-to-know news, including CrowdStrike and Slide’s IPO.
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Three states passed restrictions on commercial litigation funding in 2024.
