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Investigations to Legislation: Florida Lawmakers Weighing Insurance Industry Changes

Insurance Journal

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …

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People Moves: Liberty Specialty Promotes Fraigneau to President, Europe; Insurance Industry Charitable Foundation Launches in Canada With Gladki as Exec Director

Insurance Journal

This edition of International People Moves details appointments at Liberty Specialty Markets in Luxembourg and the Insurance Industry Charitable Foundation in Canada. A summary of these new hires follows here. Liberty Specialty Promotes Fraigneau to President, Europe, as Sinz Retires …

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The Antitrust Wildfire Lawsuits That Could Burn Down Insurance Industry Norms

Property Insurance Coverage Law

The recent filing of two sweeping antitrust lawsuits in California against a long list of most of the admitted California insurance companies has generated immediate attention within the insurance industry.

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Insurance Industry Rejects Proposed Moratorium on State AI Regulation

Insurance Journal

A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the insurance industry. The 10-year prohibition of AI regulation is contained within the sweeping tax bill, “One Big Beautiful Bill,” and …

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Goldman Sees Autonomous Vehicles Transforming Insurance World

Insurance Journal

The rise of autonomous vehicles will force a reconfiguration of the $400 billion US auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about liability remain, according to Goldman Sachs. “Autonomy has the potential …

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Insurance Industry Rejects Proposed Moratorium on State Artificial Intelligence Regulation

Insurance Journal

By Chad Hemenway A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the insurance industry. The 10-year prohibition of AI regulation is contained within the sweeping tax bill, “One Big …

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Florida’s Insurance Regulator Buried a Completed Report That Raised Red Flags About Insurer Affiliate Profits

Property Insurance Coverage Law

Yesterdays testimony before the Florida House Insurance & Banking Subcommittee ripped the cover off a story thats been brewing for years: the Office of Insurance Regulation (OIR) under David Altmaier had a completed, paid-for, red-flag-waving report about insurer affiliate transactions showing hundreds of millions of hidden profits for the insurance (..)