How is insurance premium finance regulated?

Insurance premium financing is typically regulated, although the extent of regulation can vary depending on the jurisdiction. In many countries, there are laws and regulations governing the operation of insurance premium finance companies to ensure consumer protection, fair practices, and financial stability. These regulations may include licensing requirements for premium finance companies, rules regarding interest rates and fees, disclosure requirements, and consumer rights protections. It's important for insurance premium finance companies to comply with these regulations to operate legally and ethically.