Regulation

AI Regulation Battle Looms in California Despite Trump Threats

Health Insurance /
AI Regulation Battle Looms in California Despite Trump Threats

This year, many of the world’s most powerful artificial intelligence companies face a pitched battle over government regulation on their home turf—California. And even President Donald Trump’s threat to punish states that regulate AI may not stop the fight. California lawmakers, dominated by Democrats, are determined to place guardrails on the homegrown industry, saying unfettered […]

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State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order

Health Insurance /
State Insurance Legislators ‘Greatly Disturbed’ by Trump AI Regulation Order

The National Council of Insurance Legislators have come out against President Donald Trump’s executive order last week, seen as a hinderance to state regulation of artificial intelligence. NCOIL officers in a statement on Dec. 15 said they are “greatly disturbed” with the executive order that “aims to limit the ability of states to regulate artificial

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Trump Signs Order Seeking to Limit State-Level AI Regulation

Life Insurance /
Trump Signs Order Seeking to Limit State-Level AI Regulation

President Donald Trump signed an order aimed at thwarting state-level regulation of artificial intelligence through lawsuits and funding cuts, handing a win to tech industry leaders who’ve pressed for preemption of local rules. Trump said the measure was necessary to bolster the emerging technology and counter a patchwork of state-level rules the industry worries will

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Texas Hemp Regulation Proceeds Despite Federal Restriction

Auto Insurance /
Oregon Division of Financial Regulation Earns NAIC Accreditation

The Texas Alcoholic Beverage Commission moved forward on Tuesday with its efforts to regulate the sale of consumable hemp products as questions swirled around the future of the industry due to federal restrictions on the products approved by Congress last week. A provision of the funding bill for the U.S. Department of Agriculture that ended

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Trump Urges Congress to Block State-Level AI Regulation

Health Insurance /
Trump Urges Congress to Block State-Level AI Regulation

President Donald Trump called on Congress to pass a federal standard governing oversight of artificial intelligence and warned that varied regulation at the state level risked slowing the development of an emerging technology that’s critical to the US economy. In a post on his Truth Social network Tuesday, the president urged lawmakers to act quickly,

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Daily Digest: London company market growth slows, Russian sanctions threaten P&I clubs, EU’s AI regulation evolution

Home Insurance /
ID Daily Digest Wednesday

Catch up on the essential news and analysis from the Insurance Day experts       Related Stories Daily Digest: London company market growth slows, Russian sanctions threaten P&I clubs, EU’s AI regulation evolution Daily Digest: London company market growth slows, Russian sanctions threaten insurers, Pine Walk launches credit risk MGA London SCPR market capacity climbs in

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Oregon Division of Financial Regulation Earns NAIC Accreditation

Auto Insurance /
Oregon Division of Financial Regulation Earns NAIC Accreditation

The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The purpose of NAIC accreditation is to ensure that state insurance departments meet baseline standards of solvency regulation, particularly with respect to regulation of multi-state insurers. Accreditation is awarded only after a detailed, comprehensive review

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