Kentucky House Bill 386 is the first comprehensive framework for an insurance regulatory “sandbox” in the nation. It allows companies, even those without an insurance license, to market their inventions in a tailored...more
4/5/2019
/ Department of Insurance ,
Innovation ,
Insurance Industry ,
Inventions ,
New Legislation ,
Popular ,
Regulatory Oversight ,
Safe Harbors ,
Sandbox ,
Technology Sector ,
Terms and Conditions
• Insurtech start-ups are using technology to improve the underwriting process and obtain a competitive advantage.
• The CDI’s new legal opinion clarifies that even proprietary underwriting rules must be available to the...more
9/7/2018
/ CDIs ,
Innovation ,
Insurance Code ,
Insurance Contracts ,
Insurance Industry ,
Insurance Rates ,
Intellectual Property Protection ,
Public Disclosure ,
Startups ,
Technology Sector ,
Trade Secrets ,
Transparency ,
Underwriting
The practice of rebating has long been prohibited in nearly every state across the country. Despite this long-standing and widespread prohibition, the full scope of services that are and are not permissible under each state’s...more