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Regulatory Requirements Proposed Amendments Insurance Industry

Kennedys

Proposed Washington code amendments modify insurer claims handling requirements

Kennedys on

Proposed Washington Administrative Code amendments would tighten the deadlines and increase insurers’ requirements while simultaneously finding a single misstep a basis for a violation....more

Faegre Drinker Biddle & Reath LLP

Colorado Division of Insurance Takes Next Steps to Expand AI-Related Governance and Risk Management Obligations for Insurers

The complex and evolving AI regulatory landscape for insurers is again on the move. The Colorado Division of Insurance (the Division) has commenced the formal rulemaking process to amend and expand the reach of current...more

Latham & Watkins LLP

Review of UK Appointed Representatives Regime to Increase Burden on Principal Firms

Latham & Watkins LLP on

UK regulators are considering how they can strengthen the regime to enhance standards and reduce risk. On 3 December 2021, the FCA published a Consultation Paper (CP21/34) on changes to its rules regarding the Appointed...more

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