North America: Insurance

A Washington Court of Appeals decision extends the prohibition on assigning legal malpractice claims in cases involving the tripartite relationship between insurers, insureds, and defense counsel.

As artificial intelligence (“AI”) continues to be deployed in new use cases, state legislatures are considering measures to oversee its use in health insurance, particularly in prior authorization and utilization review.

California's Wildfire Fund administrator has released a comprehensive study examining 10 legislative recommendations to enhance the state's resilience against natural catastrophes, addressing critical challenges in property insurance affordability, utility financial stability, and wildfire risk mitigation.

Over the past decade, Jamaica has built a multi-layered financial protection system to manage natural disasters. This strategy is now being tested after Hurricane Melissa devastated the island, causing widespread destruction to homes, roads, and infrastructure.

This edition of Conyers Coverage examines critical regulatory developments affecting Cayman Islands insurers, including the Legal Services Act's implications for insurance managers and in-house counsel, CIMA inspection trends, and evolving AML and beneficial ownership requirements. The newsletter also explores the growing market for funding agreements and analyzes key conditions precedent in financing transactions involving Cayman reinsurers, while highlighting findings from the Society of Actuaries report

The Cayman Islands international insurance and reinsurance sector experienced significant growth in 2025, ending the year with 720 Class B, C, and D licensees...