Regulation Archives - Insurance Journal Research /research/research-topics/regulation/ Insurance Whitepapers, Research, Webinars, Surveys Tue, 21 Mar 2023 12:43:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Around the World: Insurance, Climate Change, Disclosures, and Risk /research/research/around-the-world-insurance-climate-change-disclosures-and-risk/ Mon, 23 May 2022 20:34:29 +0000 /research/?post_type=research&p=18281 Questions about the Task Force on Financial Disclosures (TCFD) and what it means for you? The NAIC and climate? Catastrophe and risk modeling?

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Expert panel discussion hosted by Insurance Journal.

Watch now on-demand to learn about:

  1. Task Force on Financial Disclosures (TCFD)
    and what it means for you
  2. The NAIC and climate
  3. Investor groups and fossil fuels
  4. Catastrophe and risk modeling
  5. State regulators and emerging regulations
  6. Insurers and reinsurers and what they are doing
Photo of Don Jergler Photo of Tom Larsen
Don Jergler
West Editor at
Insurance Journal
Tom Larsen
Principal at
CoreLogic
Photo of Jay Bruns Photo of Mark Way
Jay Bruns
Sr Climate Policy Advisor
to Washington Insurance
Commissioner Mike Kreidler
Mark Way
Head of Sustainability
Underwriting at
Zurich North America

Panelist Bios:

Tom Larsen is a principal at CoreLogic, who is responsible for subject matter expertise and thought leadership focused around insurance, hazard risk, climate change and catastrophe risk modeling. He has experience in natural catastrophe modeling for insurance, reinsurance and the government, dating back to 1989. He’s written articles for numerous publications, participated in various industry panels and has undertaken speaking engagements regarding the financial impacts of natural catastrophes. Larsen earned his bachelor’s degree in civil engineering from Stanford University and his master’s degree in structural mechanics from the University of California, Berkeley.

Jay Bruns is senior climate policy advisor to Washington Insurance Commissioner Mike Kreidler. Bruns was previously a senior advisor for private sector engagement at the United Nations Environment Program. Before that, he was vice president at The Hartford, where he led the company’s environmental stewardship efforts. Earlier, he was a career American diplomat, rising to the Senior Foreign Service. He represented the US in Norway, Germany, Japan, Trinidad and Tobago and Canada, and held positions in the State Department, Office of U.S. Trade Representative and the National Security Council at the White House.

Mark Way is Zurich North America’s head of sustainability underwriting, who leads Zurich’s newly formed Office of Sustainability Underwriting. Way has 20 years of insurance industry experience and a distinct focus on sustainability for the past 15 years. His most recent position was with The Nature Conservancy in Virginia, where he served as both acting global climate adaptation director and global climate risk & resilience director. Prior to that, he was with Swiss Re.

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Homeowners’ Form and Endorsement Changes Coming in ISO’s 2022 Multistate Filing /research/research/homeowners-form-and-endorsement-changes-coming-in-isos-2022-multistate-filing/ Fri, 14 May 2021 17:07:41 +0000 /research/?post_type=research&p=17418 Insurance Services Office (ISO) has released to Big I’s Virtual University the upcoming Homeowners’ multi-state filing tentatively effective beginning in March 2022. Yes, 2022. Eleven years have passed since ISO’s last major multi-state filing, so this is major. Within this filing, ISO: Introduced 13 new forms and endorsements; Revised 120 forms and endorsement; and Withdrew … more

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Insurance Services Office (ISO) has released to Big I’s Virtual University the upcoming Homeowners’ multi-state filing tentatively effective beginning in March 2022.

Yes, 2022. Eleven years have passed since ISO’s last major multi-state filing, so this is major. Within this filing, ISO:

  • Introduced 13 new forms and endorsements;
  • Revised 120 forms and endorsement; and
  • Withdrew 11 forms and endorsements.

In this report, Chris Boggs, Executive Director Risk Management and Education for the Big I’s Virtual University, provides the highlights.

The entire filing is more than 700 pages. The resulting article is 13 pages.

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May 12th Update: Survey of State Insurance Department COVID-19 Regulatory Actions /research/research/survey-of-state-insurance-department-covid-19-regulatory-actions/ Thu, 02 Apr 2020 14:06:37 +0000 /research/?post_type=research&p=16472 Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. has released a survey of state insurance department regulatory actions related to the COVID-19 pandemic as of May 12, 2020. The survey aims to help companies stay abreast of the latest state actions as insurance regulators continue to respond to a wide variety of COVID-19 related issues, including … more

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Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. has released a survey of state insurance department regulatory actions related to the COVID-19 pandemic as of May 12, 2020.

The survey aims to help companies stay abreast of the latest state actions as insurance regulators continue to respond to a wide variety of COVID-19 related issues, including (1) the treatment of “insurance” as an “essential business” in light of “Stay at Home” orders; (2) encouraging continued flexibility when dealing with insureds; and (3) extension or waiver of filing requirements for various insurance company filings.

We thank Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. for sharing this information with our audience.  Please note that this information is as of a point in time and may continue to evolve.  As we are able to update this document we will amend the date.

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Do No Harm: Managing Retreat By Ending New Subsidies /research/research/do-no-harm-managing-retreat-by-ending-new-subsidies/ Thu, 20 Feb 2020 21:00:45 +0000 /research/?post_type=research&p=16359 In a new policy study, R Street Director of Finance, Insurance and Trade, R.J. Lehmann makes the case that the NFIP should cease writing coverage for new construction in 100-year floodplains and that NFIP rates for any new construction should be adjusted to reflect future changes in assessments of flood risk. Download this report for … more

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In a new policy study, R Street Director of Finance, Insurance and Trade, R.J. Lehmann makes the case that the NFIP should cease writing coverage for new construction in 100-year floodplains and that NFIP rates for any new construction should be adjusted to reflect future changes in assessments of flood risk.

Download this report for a compelling look at development in the 100-year floodplains, failures to map flood risk and strategies to ‘manage’ retreat.

We thank R Street for sharing this report with our audience.

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California’s New Data Privacy Law Coming…Anxiety, Policy Limits Rising /research/research/californias-new-data-privacy-law-coming-anxiety-policy-limits-rising/ Tue, 09 Jul 2019 15:32:55 +0000 /research/?post_type=research&p=15955 Insurance Journal’s Don Jergler examines California’s new data privacy law. Gain expert insights from attorneys, consults and data privacy specialists on what to expect with the enactment of this new law and how it is expected to impact the insurance industry in 2020. The California Consumer Privacy Act comes into effect January, 2020.

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Insurance Journal’s Don Jergler examines California’s new data privacy law. Gain expert insights from attorneys, consults and data privacy specialists on what to expect with the enactment of this new law and how it is expected to impact the insurance industry in 2020.

The California Consumer Privacy Act comes into effect January, 2020.

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Cannabis and Insurance: What You Need to Know About the Budding Business /research/research/cannabis-and-insurance-what-you-need-to-know-about-the-budding-business/ Fri, 03 May 2019 21:47:42 +0000 /research/?post_type=research&p=15863 Available on demand now! Think Cannabis Insurance 101 – and Beyond This webinar, hosted by Insurance Journal, provides you with an overview of what’s going on in the world of insurance and cannabis. We’ll answer these questions: What areas of the cannabis business are underserved? What do you need to know about state and federal … more

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Available on demand now!

Think Cannabis Insurance 101 – and Beyond
This webinar, hosted by Insurance Journal, provides you with an overview of what’s going on in the world of insurance and cannabis.

We’ll answer these questions:

  • What areas of the cannabis business are underserved?
  • What do you need to know about state and federal laws?
  • How big is the market?
  • How has the risk evolved?
  • What has the claims experience been like?

Panelists

Ian Stewart, partner in Wilson Elser and chair of the law firm’s cannabis law practice team.

 

John Donahue, president and CEO of Topa Insurance Co.

 

Chris Boden, cannabis practice group team leader for Crouse & Associates.

 

 


Special thanks to our sponsor Cannasure Insurance Services for making this free webinar possible.

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Medical Marijuana Access in the United States /research/research/medical-marijuana-access-in-the-united-states/ Wed, 17 Apr 2019 18:27:22 +0000 /research/?post_type=research&p=15828 How does your state rank for medical marijuana access?

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In its 2018 Annual Report, Americans for Safe Access provides a report card for each state based upon the accessibility of medical marijuana for patients seeking its assistance. The report cards reflect:

  • Patient rights and civil protections
  • Access to medicine
  • Ease of navigation
  • Functionality
  • Consumer safety and provider requirements

With a total of 500 achievable points, where does your state stand?  Find out which states pass the test in this informative report.

We thank the for sharing this with our audience.

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Preparing for the Future of Transportation /research/research/preparing-for-the-future-of-transportation/ Mon, 03 Dec 2018 19:46:41 +0000 /research/?post_type=research&p=15587 Automated Vehicles 3.0 was published in October, introducing guiding principles and describing the department’s strategy to address existing barriers to safety innovation and progress.  It also communicates important policy issues and identifies opportunities for cross-modal collaboration. This 43-page report also contains latest safety data, a map of all deployed and planned connected car projects and … more

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Automated Vehicles 3.0 was published in October, introducing guiding principles and describing the department’s strategy to address existing barriers to safety innovation and progress.  It also communicates important policy issues and identifies opportunities for cross-modal collaboration.

This 43-page report also contains latest safety data, a map of all deployed and planned connected car projects and a lengthy addendum of terms and standardized documentation to support your knowledge of automated vehicle development.

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Florida Assignment of Benefits Crisis: Where Does the Industry Go From Here? /research/research/florida-assignment-of-benefits-crisis-where-does-the-industry-go-from-here/ Wed, 06 Jun 2018 14:49:01 +0000 /research/?post_type=research&p=15202 On-demand webinar now available! This on-demand webinar, hosted by Insurance Journal, provides you with an overview of the assignment of benefits crisis that is plaguing Florida and how the insurance industry is responding. We’ll answer these questions: How bad is Florida’s AOB problem? How is the abuse hurting Florida insurance consumers? How is AOB abuse … more

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On-demand webinar now available!

This on-demand webinar, hosted by Insurance Journal, provides you with an overview of the assignment of benefits crisis that is plaguing Florida and how the insurance industry is responding.

We’ll answer these questions:

  • How bad is Florida’s AOB problem?
  • How is the abuse hurting Florida insurance consumers?
  • How is AOB abuse affecting carriers writing business in Florida?
  • What are state regulators and officials doing to stop the abuse?

We’ll also address:

  • What changes carriers are making to protect their portfolios
  • The industry’s work for AOB reform in the Florida Legislature
  • How to keep your customers from being a victim of an AOB scam

Meet our experts, who will share their insights and experiences:

Barry Gilway, president/CEO and executive director, Florida Citizens Property Insurance Corp.

 

Logan McFaddin, regional manager, Property Casualty Insurers Association (PCI)

 

 

Patrick Wraight, director, Insurance Journal’s Academy of Insurance

 

 

Paul Huszar, president and CEO of emergency remediation services company VetCor LLC

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Judging Drugged Driving /research/research/judging-drugged-driving/ Fri, 04 May 2018 20:06:28 +0000 /research/?post_type=research&p=15153 For the first time in United States history, driving under the influence of drugs has surpassed driving under the influence of alcohol. Courts across the country are struggling with the issues surrounding toxicology for substances other than alcohol. At issue are methods for identifying impaired drivers on the road, the assessment and documentation of their impairment, … more

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For the first time in United States history, driving under the influence of drugs has surpassed driving under the influence of alcohol. Courts across the country are struggling with the issues surrounding toxicology for substances other than alcohol. At issue are methods for identifying impaired drivers on the road, the assessment and documentation of their impairment, the availability of appropriate chemical tests, and the interpretation of test results.

Download this insightful trend report for a quick overview of the challenge facing law enforcement and judges in these cases.

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Rating The States: 2018 /research/research/rating-the-states-2018/ Mon, 19 Mar 2018 16:13:31 +0000 /research/?post_type=research&p=15078 This is the third Rating the States report produced by IBHS to assess elements of code enforcement and administration and contractor licensing in the 18 states most vulnerable to catastrophic hurricanes along the Atlantic Coast and the Gulf of Mexico. Each state has been assigned a score on a 0–100 point scale. This report is … more

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This is the third Rating the States report produced by IBHS to assess elements of code enforcement and administration and contractor licensing in the 18 states most vulnerable to catastrophic hurricanes along the Atlantic Coast and the Gulf of Mexico. Each state has been assigned a score on a 0–100 point scale.

This report is intended to:

  • Focus public attention on the need for effective statewide building codes.
  • Underscore the importance of code administration and enforcement.
  • Ensure required performance standards are incorporated into construction of residential dwellings.
  • Note whether states require licensing of building officials and construction contractors.
  • Highlight steps states can take to improve their building code systems, providing better protection for their citizens and communities.

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Federal Trade Commission: Privacy & Data Security Report 2017 /research/research/federal-trade-commission-privacy-data-security-report-2017/ Tue, 13 Feb 2018 16:34:28 +0000 /research/?post_type=research&p=14998 The FTC has brought enforcement actions addressing a wide range of privacy issues, including spam, social networking, behavioral advertising, pretexting, spyware, peer-to-peer file sharing, and mobile. These matters include over 130 spam and spyware cases and more than 50 general privacy lawsuits Read this report for the specifics around privacy cases announced in 2017, including … more

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The FTC has brought enforcement actions addressing a wide range of privacy issues, including spam, social networking, behavioral advertising, pretexting, spyware, peer-to-peer file sharing, and mobile. These matters include over 130 spam and spyware cases and more than 50 general privacy lawsuits

Read this report for the specifics around privacy cases announced in 2017, including well known brands Lenovo, Uber Technologies, Upromise, and VIZIO.

This is an important read to gain heightened awareness of privacy issues that have potential impact on our clients, our companies and all of us, personally.

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Breaking Down Barriers: Licensing of Insurance Adjusters Across State Lines /research/research/breaking-down-barriers-licensing-of-insurance-adjusters-across-state-lines/ Mon, 05 Feb 2018 16:13:58 +0000 /research/?post_type=research&p=14967 According to a new study released by the Pacific Research Institute, victims of the recent natural disasters in the United States could face long rebuilding delays unless reforms, removing insurance marketplace regulatory barriers, are adopted to fix a broken system. Read this study to gain insights into the challenges created by inconsistent claim adjuster licensing … more

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According to a new study released by the Pacific Research Institute, victims of the recent natural disasters in the United States could face long rebuilding delays unless reforms, removing insurance marketplace regulatory barriers, are adopted to fix a broken system.

Read this study to gain insights into the challenges created by inconsistent claim adjuster licensing requirements and reciprocity from state to state and how this is impacting their ability to do their jobs in times of crisis.

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Insurance Sales Agents Licensing Database /research/research/insurance-sales-agents-licensing-datebase/ Tue, 30 Jan 2018 21:16:05 +0000 /research/?post_type=research&p=14957 With the permission of the NCSL, we’ve extracted the insurance sales agent data from the Occupancy Licensing Project database, which includes 34 occupations and the following data sets for each state: Level of educational attainment needed to fulfill the licensure requirement. Number of hours/units of training needed to fulfill the licensure requirement. Number of weeks of experience … more

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With the permission of the NCSL, we’ve extracted the insurance sales agent data from the Occupancy Licensing Project database, which includes 34 occupations and the following data sets for each state:

  • Level of educational attainment needed to fulfill the licensure requirement.
  • Number of hours/units of training needed to fulfill the licensure requirement.
  • Number of weeks of experience required to fulfill the licensure requirement.
  • Number of examinations taken to fulfill licensure requirement.
  • Number of years before renewal is required for an occupational license.
  • Number of hours/units of continuing education required to maintain or renew licensure.
  • Maximum dollar amount charged for initial licensure.
  • Maximum dollar amount charged for renewal of licensure.
  • Minimum age needed to fulfill licensure requirement.

Download this PDF for the state by state insurance sales agent licensing requirements as set forth in the database.

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Automated Driving Systems: A Vision for Safety 2.0 /research/research/automated-driving-systems-a-vision-for-safety-2-0/ Thu, 12 Oct 2017 22:44:19 +0000 /research/?post_type=research&p=14750 Review the latest federal guidance for automated driving systems to industry and States as set forth by the U.S. Department of Transportation and the National Highway Traffic Safety Administration (NHTSA) Specifically, the new Voluntary Guidance includes: Focuses on SAE International Levels of Automation 3-5 – Automated Driving Systems (ADSs) – Conditional, High, and Full Automation); … more

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Review the latest federal guidance for automated driving systems to industry and States as set forth by the U.S. Department of Transportation and the National Highway Traffic Safety Administration (NHTSA)

Specifically, the new Voluntary Guidance includes:

  • Focuses on SAE International Levels of Automation 3-5 – Automated Driving Systems (ADSs) – Conditional, High, and Full Automation);
  • Clarifies the guidance process and that entities do not need to wait to test or deploy their ADSs;
  • Revises unnecessary design elements from the safety self-assessment;
  • Aligns Federal Guidance with the latest developments and industry terminology;
  • Clarifies Federal and State roles going forward

A Vision for Safety 2.0 paves the way for the safe deployment of advanced driver assistance technologies by providing voluntary guidance that encourages best practices and prioritizes safety. The document also provides technical assistance to States and best practices for policymakers.

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