Through the Looking Glass: How 10-for-1 Deregulation Could Reshape Insurance Risk Strategies
With the signing of Executive Order 14192 – "Unleashing Prosperity Through insurance deregulation " in early 2025, the U.S. insurance industry finds itself entering unfamiliar territory. This order introduces a dramatic new policy: for every new regulation enacted, ten existing regulations must be removed. It's a bold shift designed to spark economic growth, but it also raises serious questions about how insurers will manage risk in a leaner regulatory landscape. While the full impact of this change will take time to unfold, several key areas are already drawing attention. Here’s where we could see the most significant effects: 1. Risk Assessment and Pricing Pressures Freed from some regulatory guardrails, insurers may pursue more aggressive risk assessment techniques and pricing strategies in an effort to boost competitiveness. But there’s a danger here: underpricing policies to gain market share could lead to premium levels that don’t match the actual risk being ...