Regulation/Legislation

Supporters say the bill will hold down premiums, but opponents say it will hurt consumers and their ability to fight insurers in court.

Pres. Biden asked for the updated guidance in an executive order on Jan 21., which also called for rules on fines for violations, if necessary.

While the bill aims to help drivers save money, efficacy studies on repealing personal-injury protection requirements show conflicting conclusions.

In addition to the 'American Rescue Plan,' more legislation is expected out of the new administration that may impact P&C insurance.

Insurance-industry leaders point out that the reasons for fostering diversity and inclusion go beyond humanitarianism.

Recent remarks from the newly inaugurated president have alluded to a greater government presence in cybersecurity arenas.