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Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed ...
Bankrate analyzed major car insurance carriers to help you find the best car insurance companies in Florida. Some of the top carriers include Allstate, State Farm, Progressive and Geico.
Insurance companies provide a motor vehicle owner with an insurance card for the particular coverage term, which is to be kept in the vehicle in case of a traffic collision as proof of insurance. Recently, states have started passing laws that allow electronic versions of proof of insurance to be accepted by the authorities.
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
These laws aim to make Florida home insurance more affordable while ensuring enough reserve funds to pay for catastrophic losses. It may take years to know if these changes can stabilize the market.
There was a surge in lawsuits before the new laws took effect. In March, 156,652 more lawsuits were filed against all insurance companies, including auto insurance, compared to March 2022 ...
South-Eastern Underwriters Association that the federal government could regulate insurance companies under the authority of the Commerce Clause in the U.S. Constitution and that the federal antitrust laws applied to the insurance industry. The Act was sponsored by Senators Pat McCarran (D-Nev.) and Homer Ferguson (R-Mich.
Because insurance companies price risk differently in each state, your current provider may not offer the best deal in your new location. This is especially true with J.D. Power reporting auto ...