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NAIC climate data call could leave FIO in the cold
26 March 2024Climate and its impact on insurers has been a source of acrimony between state and federal insurance regulators in the US. The NAIC's recently issued climate data call, following the initiative of FIO, might not represent the warming of relations it initially seems. Sarfraz Thind reports
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Who's to blame for the US insurance crisis?
01 September 2023Is the growing US property insurance crisis caused by greedy insurers or sleepy regulators? Sarfraz Thind speaks to industry and consumer groups to get their perspectives
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NAIC's discrimination investigation lacks substance, says think-tank
18 August 2021Regulatory body voted this week to investigate insurer activities which could marginalise minorities
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NAIC still failing to address racial bias in underwriting
06 August 2020Use of AI and other data penalises minorities, says CEJ's Birny Birnbaum
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US motor insurers return $800m in premiums to customers hit by Covid-19
07 April 2020Allstate and American Family move comes as lobbyists pressure insurance industry
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Big data an "existential challenge" to state regulation system
06 January 2017Regulations are not keeping up with technology, says Birny Birnbaum