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The National Council of Insurance Legislators said insurance oversight should be left to states. -
Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
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The finance committee discussed shifting market dynamics as tort reform takes effect.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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A district court judge had dismissed the case in September, with prejudice.
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Los Angeles wildfires and SCS pushed US losses to $89bn.
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Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
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The proposal says oil companies cause climate change and, thus, increased cat losses.
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The outlook flags “large uncertainties” amid possible El Niño through summer 2026.
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The policy includes a $200mn limit with an additional $100mn for side A coverage.
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MGAs going public is now a viable option, but dominating a market comes first.
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The highest portion of losses was experienced in Alberta.
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