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Byline: Ernesto Calucag MANILA, Philippines, Jun 28, 2019, (A. M. Best via COMTEX) -- The Philippines’ Insurance Commission is allowing insurance companies to invest in real estate investment trusts as [...]

Byline: Ernesto Calucag WELLINGTON, New Zealand, Jun 28, 2019, (A. M. Best via COMTEX) -- The Reserve Bank of New Zealand said it will further intensify its approach to prudential [...]

Byline: Timothy Darragh WASHINGTON, Jun 26, 2019, (A. M. Best via COMTEX) -- The National Association of Insurance Commissioners in a plenary meeting approved revisions to the Credit for Reinsurance [...]

Byline: Timothy Darragh FRANKFORT, Ky., Jun 26, 2019, (A. M. Best via COMTEX) -- Kentucky’s insurtech sandbox is about to open for business. Legislation signed in May by Gov. Matt [...]

Byline: Timothy Darragh SACRAMENTO, Calif., Jun 26, 2019, (A. M. Best via COMTEX) -- California’s legislature has passed a bill imposing a tax on adult residents who decline to purchase [...]

Byline: Iris Lai TOKYO, Jun 24, 2019, (A. M. Best via COMTEX) -- Japan’s life insurance sector faces changes in population, regulation, technology and interest rates as major challenges affecting [...]

Byline: Ernesto Calucag WELLINGTON, New Zealand, Jun 24, 2019, (A. M. Best via COMTEX) -- The New Zealand government has introduced a new licensing and rules regime for financial advisers [...]

Byline: Frank Klimko MAITLAND, Fla., Jun 20, 2019, (A. M. Best via COMTEX) -- The Citizens Property Insurance Corp. is scaling back a proposed statewide average capped rate hike -- [...]

Byline: A.M.Best Company Oldwick, Jun 18, 2019, (A. M. Best via COMTEX) -- AM Best’s annual survey of the Caribbean Association of Insurance Regulators (CAIR) member countries found that the [...]

Byline: Ernesto Calucag SYDNEY, Jun 13, 2019, (A. M. Best via COMTEX) -- Lombard Australia Holdings Pty Ltd. has received the Australian Prudential Regulation Authority’s approval to acquire Assetinsure from [...]

Byline: Timothy Darragh MONTPELIER, Vt., Jun 12, 2019, (A. M. Best via COMTEX) -- Vermont Gov. Phil Scott has signed a bill to create an insurance regulatory sandbox to grant [...]

Byline: Timothy Darragh RICHMOND, Va., Jun 11, 2019, (A. M. Best via COMTEX) -- Virginia is joining the list of states seeking to protect consumers from surprise medical bills and [...]

Byline: Frank Klimko WASHINGTON, Jun 10, 2019, (A. M. Best via COMTEX) -- As the insurtech space continues to grow and disrupt the insurance industry, greater adoption of high-tech tools [...]

Byline: Timothy Darragh PHOENIX, Jun 10, 2019, (A. M. Best via COMTEX) -- Arizona Gov. Doug Ducey has signed legislation increasing the minimum amount of automobile insurance coverage Arizonans will [...]

Byline: Timothy Darragh CARSON CITY, Nev., Jun 07, 2019, (A. M. Best via COMTEX) -- Nevada Gov. Steve Sisolak has signed into law a measure that requires health insurers to [...]

Byline: Frank Klimko WASHINGTON, Jun 06, 2019, (A. M. Best via COMTEX) -- The U.S. Securities and Exchange Commission adopted a package of new rules for brokers, dealers and investment [...]

Byline: Timothy Darragh HARTFORD, Conn., Jun 06, 2019, (A. M. Best via COMTEX) -- A watered-down health insurance reform bill that included a reinsurance plan for costly individual claims and [...]

Byline: Timothy Darragh HARTFORD, Conn., Jun 05, 2019, (A. M. Best via COMTEX) -- After dropping controversial language to create a public health insurance option, Connecticut lawmakers passed a health [...]

Byline: Timothy Darragh AUGUSTA, Maine, Jun 05, 2019, (A. M. Best via COMTEX) -- Life and health insurance companies serving clients in Maine are now operating under new regulations, some [...]

Byline: Timothy Darragh TRENTON, N.J., Jun 04, 2019, (A. M. Best via COMTEX) -- New Jersey is joining the list of states across the United States moving legislation to preserve [...]

Byline: Frank Klimko WASHINGTON, Jun 04, 2019, (A. M. Best via COMTEX) -- The U.S. House overwhelmingly adopted and sent to the president a $19.1 billion emergency spending bill, which [...]

Byline: Timothy Darragh BATON ROUGE, La., May 31, 2019, (A. M. Best via COMTEX) -- The Louisiana Department of Insurance has ordered United Healthcare to halt its plan to remove [...]

Byline: Frank Klimko WASHINGTON, May 31, 2019, (A. M. Best via COMTEX) -- The National Flood Insurance Program was saved from expiring by a last-minute U.S. House vote to give [...]

Byline: Iris Lai BEIJING, May 30, 2019, (A. M. Best via COMTEX) -- The China Banking and Insurance Regulatory Commission is seeking public opinion for regulations related to a new [...]

Byline: Iris Lai BEIJING, May 28, 2019, (A. M. Best via COMTEX) -- The China Banking and Insurance Regulatory Commission’s deputy secretary of the Guangxi bureau is being investigated by [...]

Byline: Timothy Darragh LANSING, Mich., May 24, 2019, (A. M. Best via COMTEX) -- Michigan Democratic Gov. Gretchen Whitmer will sign into law a bill aiming to reform Michigan’s no-fault [...]

Byline: Frank Klimko WASHINGTON, May 24, 2019, (A. M. Best via COMTEX) -- The National Flood Insurance Program will most likely lapse at the end of May after Republicans in [...]

Byline: Ernesto Calucag SYDNEY, May 24, 2019, (A. M. Best via COMTEX) -- The Australian Prudential Regulation Authority said it is considering applying additional capital requirements to several insurance companies [...]

Byline: Frank Klimko WASHINGTON, May 23, 2019, (A. M. Best via COMTEX) -- On a nearly unanimous vote, the U.S. House passed a bipartisan bill to increase access to workplace [...]

Byline: A.M.Best Company Oldwick, May 23, 2019, (A. M. Best via COMTEX) -- AM Best and Best’s Insurance Professionals and Claims Resource have released the latest installment of the Insurance [...]

Byline: Timothy Darragh SACRAMENTO, Calif., May 22, 2019, (A. M. Best via COMTEX) -- A bill that would require training for out-of-state adjusters and create a single point of contact [...]

Byline: Ernesto Calucag MANILA, Philippines, May 22, 2019, (A. M. Best via COMTEX) -- The Philippines’ Insurance Commission has lowered the risk charges for infrastructure investments of insurance companies to [...]

Byline: A.M.Best Company Oldwick, May 20, 2019, (A. M. Best via COMTEX) -- AM Best Executive Vice President and Chief Operating Officer Matthew C. Mosher will deliver the opening financial [...]

Byline: Frank Klimko WASHINGTON, May 17, 2019, (A. M. Best via COMTEX) -- The U.S. House passed a bill package to bolster the Affordable Care Act by pouring money back [...]

Byline: Iris Lai HONG KONG, May 15, 2019, (A. M. Best via COMTEX) -- The Insurance Authority will commence direct regulation of insurance intermediaries in September, with implementation of two [...]

Byline: Timothy Darragh OLYMPIA, Wash., May 14, 2019, (A. M. Best via COMTEX) -- Washington Gov. Jay Inslee has signed two bills into law, bringing the state much more deeply [...]

Byline: Timothy Darragh LANSING, Mich., May 09, 2019, (A. M. Best via COMTEX) -- On the heels of a Senate bill drastically changing Michigan’s no-fault automobile insurance law, the state [...]

Byline: Frank Klimko WASHINGTON, May 09, 2019, (A. M. Best via COMTEX) -- Lawmakers have introduced a bill to give a vote to the non-voting state insurance commissioner serving on [...]

Byline: Ernesto Calucag MUMBAI, India, May 08, 2019, (A. M. Best via COMTEX) -- The Insurance Regulatory and Development Authority of India has formed a committee to review the existing [...]

Byline: Timothy Darragh LANSING, Mich., May 07, 2019, (A. M. Best via COMTEX) -- The Michigan state senate introduced and passed a bill May 7 to end the requirement that [...]

Byline: Timothy Darragh TALLAHASSEE, Fla., May 06, 2019, (A. M. Best via COMTEX) -- The Florida state Senate voted to update the regulatory framework guiding its surplus lines insurance industry, [...]

Byline: Timothy Darragh OLYMPIA, Wash., Apr 30, 2019, (A. M. Best via COMTEX) -- Washington state lawmakers have approved a bill creating a public option for consumers on the individual [...]

Byline: Ernesto Calucag HONG KONG, Apr 30, 2019, (A. M. Best via COMTEX) -- Hong Kong’s Insurance Authority has rejected proposals to raise the maximum number of insurers an agent [...]

Byline: Timothy Darragh DENVER, Apr 25, 2019, (A. M. Best via COMTEX) -- Colorado lawmakers are sending Gov. Jared Polis a bill to create a health insurance public option. The [...]

Byline: Renee Kiriluk-Hill FORT LAUDERDALE, Fla., Apr 25, 2019, (A. M. Best via COMTEX) -- A Florida assignment-of-benefits reform bill headed to the governor’s desk could cause a spike of [...]

Byline: Timothy Darragh BATON ROUGE, La., Apr 25, 2019, (A. M. Best via COMTEX) -- The Louisiana House of Representatives has passed a bill supporters say will help drive down [...]

Byline: Timothy Darragh TALLAHASSEE, Fla., Apr 24, 2019, (A. M. Best via COMTEX) -- After years of legislative failure, proponents of a bill to address assignment-of-benefits abuses in Florida scored [...]

Byline: Timothy Darragh AUSTIN, Texas, Apr 23, 2019, (A. M. Best via COMTEX) -- Several Texas bills that could boost surplus lines insurance business are moving closer to becoming law, [...]

Byline: Timothy Darragh HELENA, Mont., Apr 23, 2019, (A. M. Best via COMTEX) -- (Adds comment from NAMIC.) Montana firefighters now have the law on their side when making workers’ [...]

Byline: Timothy Darragh BISMARCK, N.D., Apr 23, 2019, (A. M. Best via COMTEX) -- North Dakota Gov. Doug Burgum has signed a bill creating an “invisible” reinsurance pool for the [...]