INSURASALES

Rhode Island Proposes Major Updates to Unfair Claims Settlement Practices Act

Rhode Island Senate Bill S1015 proposes comprehensive reforms to unfair claims settlement practices, enhancing standards for appraisal, direct payments, and total loss determinations in auto insurance.

UnitedHealth Faces Lawsuit Over Profit Forecast Amid CEO's Death and Claims Denial Shift

UnitedHealth Group sued for allegedly misleading shareholders about the financial impact of strategic shifts following CEO's death and claims denial changes, resulting in significant stock losses.

Bread Savings™ Offers Competitive FDIC-Insured CDs with High Yields

Bread Savings™ provides high-yield CDs with terms from 3 months to 5 years, offering fixed APYs up to 4.40%. FDIC insured with tiered early withdrawal penalties and a $1,500 minimum deposit.

Navigating Emerging Fire Risk in Residential EV Charging for Insurers

Discover key insurance challenges and strategies related to rising fire risks from residential electric vehicle charging, including claims complexity and coverage coordination.

Texas Homeowners Face Rising Insurance Premiums Amid Extreme Weather Risks

Homeowners insurance premiums in Texas have surged due to increased extreme weather events and regulatory challenges, impacting affordability and market stability.

NY Department of Financial Services Reinforces Rigorous Licensing Standards

The NY Department of Financial Services reiterates rigorous, consistent standards for licensing financial institutions, emphasizing compliance and consumer protection for insurers and financial firms.

Florida Homeowners Could See Lower Windstorm Insurance Premiums in 2024

Florida's 2024 homeowner insurance premiums may decrease as reduced reinsurance costs and tort reform lower windstorm risk expenses. Market stability emerges post-2024 hurricanes.

Colorado Legislative Session Ends with Key Insurance-Related Regulatory Advances

Summary of Colorado's 2025 legislative session highlighting ride-hailing safety regulations, failed AI delays, expanded anti-discrimination protections, IVF law changes, and implications for insurance professionals.

California Leads with Financial Incentives for Wildfire Risk Mitigation

Explore how California’s wildfire premium discounts outperform Oregon’s voluntary certificate program, highlighting effective insurance incentives for homeowner wildfire risk mitigation.

LA Wildfire Aftermath Spurs Lead Exposure Risks and Health Testing Efforts

Los Angeles County offers free blood lead testing amid concerns of soil contamination after the Eaton wildfire. Residents face potential exposure risks and remediation complexities.