INSURASALES

Selective Insurance Appoints Julie Parsons to Board to Enhance Strategic Leadership

Selective Insurance Group appoints Julie Parsons, an experienced Allstate executive, to its board, bolstering strategic expertise in product development and insurance operations.

Year-End Insurance Planning Gains Momentum Among High Net Worth Clients

Year-end surge in insurance planning among high net worth clients driven by inflation, market gains, and enhanced advisory strategies. Key focus on life insurance audits and estate planning.

Study Finds Surging Liability Insurance Deficits Driven by Rising Claims Costs

Triple-I and CAS study reveals liability insurance deficits between $231.6B and $281.2B over 2015-2024 due to rising claims costs and legal system factors, exceeding standard inflation.

Pennsylvania Small Businesses Face Rising Health Insurance Premiums Amid Tax Credit Standoff

Small businesses in Pennsylvania face rising health insurance premiums after pandemic-era tax credits lapse amid federal government shutdown negotiations. Impact on affordability and policy outlook.

U.S. Health Insurance and Policy Updates: ACA Subsidies, Medicare Reforms, and Healthcare Innovations

Comprehensive update on U.S. health insurance market dynamics including ACA subsidy uncertainty, Medicare specialty payment reforms, SNAP funding challenges, healthcare industry consolidations, pharmaceutical litigation, and emerging clinical innovations affecting insurance professionals.

Senate Negotiations Advance Toward Ending U.S. Government Shutdown with Obamacare Vote Plan

Bipartisan Senate talks progress on ending the U.S. government shutdown with a plan to reopen and schedule an Obamacare subsidy vote. Key budget and appropriations issues remain ahead.

Medicare Open Enrollment and Government Shutdown Fuel Fall Scam Risks

The Medicare open enrollment period and recent federal shutdown are driving increased scams targeting Medicare beneficiaries. Learn how confusion around Medicare cards heightens fraud risks.

Illinois House Rejects Bill to Regulate Homeowners Insurance Rates

Illinois lawmakers reject a bill granting the Department of Insurance authority to regulate homeowners insurance rates amid industry concerns and State Farm's significant rate increases.

California Wildfire Insurance Crisis Escalates in Rural High-Risk Areas

California's rural high-fire-risk areas face escalating homeowners insurance challenges as insurers retreat amid growing wildfire risks. The state's FAIR Plan surges with last-resort coverage, while regulatory efforts aim to stabilize the market.

FirstMedicare Direct to Exit Medicare Advantage Market, Impacting 6,000 Members

FirstMedicare Direct will close operations by end of 2025, affecting 6,000 Medicare Advantage members. This exit highlights challenges in the Medicare Advantage insurance market.