On July 16, 2026, the U.S. Securities and Exchange Commission (SEC) proposed Regulation E-Delivery, a new rule that would expand the ability of issuers, broker-dealers, investment advisers, and others to use electronic delivery to satisfy information delivery requirements under the
InsureReinsure
InsureReinsure, published by Troutman Pepper Locke, focuses on the regulatory and compliance aspects of surplus lines insurance. The blog covers topics such as the distinctions between admitted and surplus lines markets, the roles and responsibilities of surplus lines brokers, and the regulatory frameworks governing group insurance under the Nonadmitted and Reinsurance Reform Act (NRRA). It also addresses state-specific insurance developments, including licensing, tax obligations, and enforcement actions. Additionally, the blog discusses industry leadership changes, state regulatory bulletins, and emerging issues like the use of artificial intelligence in insurance. The content is aimed at professionals navigating the complexities of surplus lines and insurance regulation.
Latest from InsureReinsure - Page 2
California Supreme Court Allows Declaratory Relief and Bad Faith Claims to Proceed Against Excess Insurers Before Underlying Exhaustion
Key Points
- The California Supreme Court unanimously held in Fox Paine & Company, LLC v. Twin City Fire Insurance Company that insureds may seek declaratory relief against excess insurers before underlying insurance is exhausted, provided the loss is reasonably likely
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Pennsylvania Adds Cannabis Operations and AI Coverages to Its Export List
On August 1, 2026, the Pennsylvania Insurance Department (the Department) published an updated export list in the Pennsylvania Bulletin (the Export List). Under section 1604(2)(ii) of The Insurance Company Law of 1921 (40 P.S. § 991.1604(2)(ii)), the Insurance Commissioner declares…
Hawaii Insurance Division Reclassifies Pet Insurance as Property Insurance
On July 17, 2026, the State of Hawaii Department of Commerce and Consumer Affairs Insurance Division issued Memorandum 2026-5PC (the Memorandum) titled “Hawaii Pet Insurance” to “All Insurers Issuing Pet Insurance Products.” The Memorandum states that effective January 1, 2026,…
Join Us for Our Next InsurTech Legal Academy Webinar: Regulation of Payments for InsurTechs
Please join us on our next InsurTech Legal Academy webinar for key topics addressing what InsurTechs need to know about U.S. payment laws in the everchanging payment systems environment. This webinar will include an overview of federal and state laws…
Seventh Circuit Rules Text Messages Are Not “Telephone Calls” Under TCPA § 227(c)(5) — A Circuit Split Emerges
Background: The TCPA’s Private Right of Action for Unwanted Calls
Congress enacted the TCPA in 1991 to address the proliferation of unwanted telephone solicitations. The statute defines “telephone solicitation” as “the initiation of a telephone call or message for the…
New York Department of Financial Services Informs Insurers of Motor Vehicle Insurance Reforms
On July 1, 2026, the New York Department of Financial Services (the NYDFS) published Insurance Circular Letter No. 3 (the Letter) regarding “2026 Motor Vehicle Insurance Reforms.” The Letter, addressed to “All Insurers Authorized to Write Motor Vehicle Insurance in…
Troutman Pepper Locke Earns Expanded Chambers USA Recognition for Insurance Transactional, Regulatory, and Litigation Work
Across every part of the insurance industry, our attorneys are at work and the recognition is following. This blog has featured updates about state rate filing overhauls and market conduct enforcement, surplus lines diligent-effort requirements and NRRA home state…
Congress Moves to Extend the Terrorism Risk Insurance Act Until 2034
On June 29, 2026, the House of Representatives passed H.R. 7128, “TRIA Program Reauthorization Act of 2026” (the Act). The Act concerns the Terrorism Risk Insurance Act of 2002 (TRIA), which was passed in the aftermath of the September 11,…
Texas Department of Insurance Unveils New Online Tools for Greater Department Transparency
On June 22, 2026, the Texas Department of Insurance (the Department) issued a news release (the Release) titled “TDI Prioritizes Transparency by Making Home and Auto Data Public.” The Release explains that the Department has “created resources to give…