News & Analysis as of

Regulatory Requirements Property Insurance

Schwabe, Williamson & Wyatt PC

OP-ED: How to Repair Landslides‎—One Insurance Policy at a Time

If a landowner receives a government order to clean up a landslide on their property, who should pay for it — the property owner or their liability insurer? About 20 times per year, the city of Portland issues an order to...more

McDermott Will & Emery

Canaries and coal mines, US insurers and climate change

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Canaries are the most familiar of “sentinel species” – animals (and plants) that can alert us to threats to human health and the environment. Those who know their mining history also know that canaries were first used in...more

Troutman Pepper Locke

New Connecticut Flood Insurance Disclosure Requirements

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On June 10, 2025, Governor Lamont signed Senate Bill No. 9 into law. In light of the passage of the bill, on July 8, 2025, the Connecticut Insurance Department (Department) issued Bulletin PC-93-25, addressed to “all...more

Troutman Pepper Locke

Connecticut Extends Flex-Rate Filing Provisions Until July 1, 2030

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On July 2, 2025, the Connecticut Insurance Department (Department) issued Bulletin PC-92-25 (Bulletin), addressed to “all companies licensed to write property and casualty insurance.” The Bulletin rescinds and replaces...more

Eversheds Sutherland (US) LLP

A Story of Innovation in Insurance – the Porch Reciprocal Exchange

Property insurers have faced significant headwinds in recent years due to the combination of severe weather events, inflation, volatility in reinsurance availability and pricing, regulatory uncertainty and technological...more

DarrowEverett LLP

Aging Florida Condos Provide Developers With Strategic Opportunities

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In the wake of the 2021 Surfside condominium collapse, Florida enacted sweeping changes that affect condominium governance, structural maintenance requirements, and reserve funding obligations. These changes have not only...more

WaterStreet Company

Texas FAIR Plan: Opportunities and Challenges for Private Insurers

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As natural disasters continue to impact the insurance market, Texas has seen a surge in policyholders relying on the Texas FAIR Plan Association for coverage....more

Maynard Nexsen

NAIC Spring Meeting Update Part One

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The Maynard Nexsen Insurance Regulatory team of attorneys attended the National Association of Insurance Commissioners (NAIC) Spring National Meeting held on March 23-26 in Indianapolis, Indiana. As expected, regulators,...more

Hogan Lovells

Italy sets out the legal framework for compulsory Nat Cat insurance

Hogan Lovells on

The long-awaited Ministerial Decree regulating catastrophic risk insurance schemes implementing the related provisions under the 2024 Italian Budget Law has been recently published in the Italian official Gazette. Companies...more

Morris, Manning & Martin, LLP

Georgia Senate Introduces Bill to Expand Homeowner’s Insurance Renewal Notice Requirements

Senate Bill 35 would amend O.C.G.A. § 33-24-46 to increase the notice period that insurance companies must provide to homeowners before non-renewing a property insurance policy from 30 to 60 days. The Bill made it out of the...more

Akerman LLP

California Wildfires: What Is the Lender’s Obligation to Release Insurance Proceeds for the Repair and Restoration of Real...

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At this juncture, it is difficult to assess the breadth of damage and loss of life that has occurred as a result of the devastating fires in California. Based on initial reports, it is possible that entire communities have...more

Eversheds Sutherland (US) LLP

California wildfires: What is required versus what is requested, and why it matters

On January 9, the California Insurance Commissioner simultaneously published Bulletin 2025-1 and Notice 2025-1. The Bulletin, authorized by California Insurance Code section 675.1(b)(2), is not the focus of this Alert. The...more

J.S. Held

A Comprehensive Guide to Substantial Structural Damage: Criteria, Repairs, and Code Compliance

J.S. Held on

Introduction: Substantial Structural Damage and Its Impact on Building Repairs - Substantial structural damage (SSD) is a defined term within the International Code Council (ICC) building code library, which assesses the...more

Winstead PC

Property Insurance Requirements for Condominiums

Winstead PC on

One of the most often misunderstood sections of the Texas Uniform Condominium Act (“TUCA”) is Section 82.111. Pursuant to Section 82.002(c) of TUCA, Section 82.111 applies to all condominiums in the State of Texas -...more

Butler Weihmuller Katz Craig LLP

Florida Law Requiring Property Claims-Handling Attestation Takes Effect Tuesday, August 1, 2023

The Florida Office of Insurance Regulation has issued an important memorandum to the insurance industry about the new Florida law that requires each authorized residential property insurer to submit, annually, an attestation...more

Eversheds Sutherland (US) LLP

COVID-19-related insurance regulatory developments

There continues to be significant regulatory activity related to the novel coronavirus (COVID-19) and its impact on the insurance industry, as well as claims for damages due to looting and vandalism following the recent civil...more

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