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IVASS Warns of Counterfeit ADAC VERSICHERUNG AG Insurance Policies

The Italian Insurance Supervisory Authority (IVASS) has issued a warning regarding counterfeit surety insurance policies falsely attributed to ADAC VERSICHERUNG AG. The agency advises consumers to verify policy legitimacy and check authorized lists on the IVASS website.

FWU Life Insurance Liquidation: Claims Processing and ID Requirements

IVASS has announced that the liquidator for FWU Life Insurance Lux S.A. is processing claims, with no automatic confirmation of receipt due to high volume. Creditors are urged to update their identification documents to the electronic ID (CIE) by August 3, 2026, to ensure their claims are processed.

NAIC Announces 2026 Committee Leadership for Consumer Protection and Market Stability

The National Association of Insurance Commissioners (NAIC) announced its 2026 committee leadership. The announcement reaffirms the organization's commitment to advancing consumer protections, market stability, and innovation within the insurance landscape through collaborative state-based regulation.

NAIC Auto Insurance Database Report 2022/2023

The National Association of Insurance Commissioners (NAIC) has released its 2022/2023 Auto Insurance Database Report. The report details national average premiums and incurred losses, noting a 14.42% increase in average premium per vehicle from 2022 to 2023.