The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect its stability, staff economists from the International Monetary Fund said on Tuesday.

California Commissioner Ricardo Lara has announced that Kemper Independent Insurance Company overcharged its policyholders for their wildfire insurance coverage. As a result, that insurer has issued $1.5 million in refunds to thousands of homeowners.

Louisiana Insurance Commissioner Jim Donelon on Tuesday (April 4) unveiled a package of proposed new laws he wants the legislature to approve during the upcoming legislative session.

We're familiar with the idea of individual physicians holding their own medical malpractice insurance. A new bill introduced in Texas proposes taking this idea of mandatory professional liability insurance and applying it to police officers.

A new employment law in California has trucking companies, independent trucking contractors, and insurance companies, scrambling to comply at a time of great stress in the industry.

State Sen. Kirk Talbot on Monday outlined several solutions the Legislature will consider this session to mend Louisiana's battered property insurance market, including changes to some restrictions that he said have soured insurers on the state.

The Florida Senate on Thursday gave final approval to a far-reaching bill aimed at helping shield businesses and insurance companies from lawsuits, with supporters saying it will rein in 'billboard lawyers' and opponents saying it will harm consumers.

Members of the board that oversees the Louisiana Citizens Property Insurance Corp. were primed for a discussion that nobody wanted to have.

The House has passed a major legislative package to limit lawsuits against insurance companies and businesses.

Louisiana State Insurance Commissioner Jim Donelon announced Tuesday that he will not seek re-election. The move comes as the state faces an insurance crisis with some major insurance companies withdrawing from writing policies in Louisiana, in large part due to several strong hurricanes causing billions in damage.

Insurers are already on the front lines of climate change. Now they're getting their turn on the front lines of the anti-ESG movement.

The Louisiana Department of Insurance (LDI) has found evidence that McClenny, Moseley & Associates (MMA), a Houston-based law firm, engaged in an illegal insurance scheme involving Alabama-based Apex Roofing and Restoration.

Given the vast number of proposals to close 'the protection gap' offered by regulators, reinsurers, insurers, brokers and other industry participants in recent years, it is a wonder that it persists.

After property insurers got long-sought legal changes in a December special legislative session, business groups see an opportunity to curb litigation in other areas such as auto insurance.

Primary workers' compensation, general liability, and no-fault claims payers should be on alert for civil monetary penalties of up to $1,000 per day, per claim, which will be issued against noncompliant claims payers beginning spring 2023.