The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s approval. Lawmakers are promising $25 million in each of the …
Month: July 2025
Insurance Industry Rejects Proposed Moratorium on State Artificial Intelligence Regulation
A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the insurance industry. The 10-year prohibition of AI regulation is contained within the sweeping tax bill, “One Big Beautiful Bill,” and …