Assigned Risk Auto Insurance: How Residual Market Plans Help High-Risk Drivers
An in-depth guide to U.S. assigned-risk and residual-market auto insurance for drivers who cannot find coverage in the voluntary market, including plan…
Category: Regulation & Insurance Markets
Insurance regulation, distribution, market structure and consumer-protection explainers.
Credit-Based Insurance Scores: How They Can Affect Auto and Home Insurance Rates
What a credit-based insurance score is, how it differs from a lending credit score, where state law limits its use, what an…
Insurance Cancellation vs. Nonrenewal: What Policyholders Should Do Next
A consumer guide to the difference between cancellation and nonrenewal, what to review in the notice, how to shop for replacement coverage…
Market Conduct Examinations Explained: How State Regulators Review Insurers
How U.S. state insurance regulators use market conduct examinations, complaint data and MCAS to review claims, underwriting, sales and consumer-treatment practices.
Insurance Producer Licensing in the U.S.: Resident, Non-Resident, NPN and CE Explained
A practical guide to U.S. insurance producer licensing, including resident and non-resident licenses, lines of authority, National Producer Numbers, renewals and continuing…
Risk Retention Groups (RRGs) Explained: Member-Owned Liability Insurance Under the LRRA
How U.S. Risk Retention Groups work under the Liability Risk Retention Act, including member ownership, multistate registration, liability coverage, domicile regulation and…
Insurance Rate Filings Explained: Prior Approval, File-and-Use, Use-and-File and Open Competition
How U.S. states review property and casualty insurance rates using prior approval, file-and-use, use-and-file, flex-rating and open-competition systems.
McCarran-Ferguson Act Explained: Why U.S. Insurance Is Primarily State Regulated
A neutral guide to the McCarran-Ferguson Act, its 1945 history, state insurance regulation, the role of federal law and what the act…
Insurance Financial Strength Ratings Explained: AM Best, S&P, Moody’s and Fitch
Learn what insurer financial-strength ratings measure, why AM Best, S&P, Moody’s and Fitch use different scales, and how to check the correct…
Who Regulates Insurance in the U.S.? State Departments, the NAIC and Federal Roles Explained
A clear guide to U.S. insurance regulation, including what state insurance departments do, what the NAIC does and does not do, and…