• "Exciting and scary": the insurance regulator's view on AI

    18 May 2023

    What does the proliferation of AI technology mean for a cautious industry like insurance? And how can regulators police this potentially limitless technology? The chair of the NAIC's innovation group, Kathleen Birrane, talks about the challenge with Sarfraz Thind

  • US needs private flood insurance to cope with rising claims, says NAIC

    14 April 2023

    NFIP faces "daunting" challenges as it struggles to meet increasing flood losses

  • NAIC's CLO regulation proposals highlight fissures in market

    03 March 2023

    Regulators met this week with no conclusive outcome

  • Insuring the Big One

    25 January 2023

    The US population is underinsured against earthquakes despite the frequent reminders of how serious this peril can be. Then again, covering quakes is just not easy, as Sarfraz Thind reports

  • NAIC signs memorandum of understanding with Taiwan Insurance Institute

    05 December 2022

    US strengthening ties with Taiwan comes amid wider worries on Chinese influence

  • NAIC launches scathing attack on FIO's climate data call

    23 November 2022

    Letter to Treasury lays bare conflicts in state and Federal climate insurance regulation

  • NAIC warns of surging protection gap in US earthquake zone

    08 November 2022

    Cost of NSMZ earthquake insurance has risen by 352% since 2000

  • US cyber insurance market grew 61% to $6.5bn in 2021

    25 October 2022

    Data breaches have surged, cyber one of biggest cat threats for insurers

  • PE-owned insurers do not invest in riskier assets, NAIC finds

    22 September 2022

    Total number of PE-owned US insurers rose to 132 in 2021, 3% of market

  • FairPlay launches AI detection bias tool for insurers

    26 August 2022

    The US company's product aims to reduce algorithmic bias in the insurance industry