From Compliance.ai :
Meanwhile, federal level insurance regulations are at odds with state-level regulations, resulting in manual, time consuming and costly regulatory change management processes, especially for organizations that operate in multiple states. In 2019, state insurance departments collected $3.17 billion  in regulatory fees and assessments from the insurance industry, and collected $151.4 million in fines and penalties.
- “Compliance.ai”: https://www.compliance.ai/blog/introducing-enhanced-insurance-industry-content-for-insurance-pros
- “collected $3.17 billion”: https://www.rstreet.org/wp-content/uploads/2019/12/191.pdf