New York state filed civil charges on Tuesday accusing Teva Pharmaceutical Industries Ltd and Allergan Plc with insurance fraud for downplaying the risks of their opioid painkillers to patients and doctors.

Legislation from State Sen. Bill Dodd, D-Napa, that would streamline residential insurance claims for victims of disasters such as wildfires cleared a key committee today.

The National Association of Insurance Commissioners (NAIC) has announced the formation of a special committee focused on Race and Insurance.

"Our regulatory system and insurance in general is a reflection of the society it aims to protect, and while state insurance regulators have worked to eliminate overt discrimination and racism, we all have been increasingly aware that unconsious bias can be just as damaging to society," said Mike Consedine, NAIC's CEO, in a statement.

As the entire world scrutinizes the American justice system and police involvement in the deaths of unarmed black men and women, the insurance industry is in a unique place to exercise a market-based solution: Mandatory professional liability insurance for police officers.

Unlike restaurants, bars, salons and gyms, insurance companies didn’t shut down at the beginning of the COVID-19 pandemic. They’re not facing uncertain futures like many businesses that depend on retail traffic. And no matter how they were financially affected, their customers can’t avoid buying their product.

The National Rifle Association will have to appear for a regulatory hearing over allegations it violated New York law by marketing an insurance policy for shootings that critics have dubbed "murder insurance."

Doctors are required to have insurance if they want to practice medicine. Some states require attorneys have malpractice insurance if they want to practice law. If New York State Legislature passes new legislation, cops will also have to take out insurance if they plan to wear a badge.

On July 2, 2020, an amended California Assembly Bill 1552 (Bill 1522 or the bill), which relates to commercial business interruption coverage of insured businesses during the ongoing COVID-19 pandemic, was referred to the California Senate Insurance Committee.

Lloyd's of London is calling for the creation of new insurance policies and government-backed funds to protect against future pandemics and global threats.

In the first six months of 2020, Tennesseans received more than twice the money as a result of complaints about denied insurance claims than they did in the first six months of 2019.

The state-level workers’ comp system is difficult enough to navigate in an average world. But combined with ever-changing federal mandates related to Coronavirus, it adds a complexity to the pandemic environment that will impact employers for a long time to come, as they seek to not only protect employees, but also mitigate their legal and compliance risks.

While the "Black Lives Matter" movement sweeping the US has been largely peaceful, some businesses have suffered from looting and vandalism with several state insurance regulators responding by ordering insurers to expedite any property damage claims affected businesses might file.

Browse any online news site or listen to a newscast and you’d be hard pressed not to find information about the effects the COVID-19 pandemic is having on how employees are doing their jobs.

The Michigan Legislature passed no-fault auto insurance laws in 1973, and like a T-Rex guarding its bone, has been holding on to this dysfunctional approach to auto insurance ever since. Instead of running away completely from the problem and joining states which have enjoyed lower auto insurance premiums after abandoning the failed no-fault experiment, Michigan has historically doubled down on their system and made it even more difficult for seriously injured accident victims to receive necessary catastrophic injury coverage.

We’re entering a flood season where one-third of Americans are expected to experience flood events, after which we’re forecast to see above-average hurricane activity.