CMS Excludes Obesity Drugs from Medicare Coverage Amid Cost Concerns
CMS excludes obesity drugs from 2026 Medicare coverage, citing cost concerns; Eli Lilly criticizes the decision impacting obesity management treatments.
Louisiana Advances Tax Credit for Fortified Roofs Amid Insurance Crisis
Louisiana Senate advances SB-28 to offer up to $10,000 tax credits for fortified roofs, aiming to reduce home insurance losses and stabilize rising premiums.
Texas Moves to Ban Hemp-Derived THC Consumables, Weighs Regulation and Market Impact
Texas is set to ban hemp-derived THC consumables like gummies and edibles, excluding non-intoxicating CBD and CBG products, amid market and regulatory concerns. The move impacts an $8 billion industry, reflecting ongoing challenges in hemp product oversight.
Financial Strains Prompt Vermont to Consider Major Rate Increases for Blue Cross Blue Shield
Blue Cross Blue Shield of Vermont faces financial challenges leading to proposed rate hikes. Vermont regulators balance insurer solvency with affordability in ongoing insurance market discussions.
FDA Updates COVID Vaccine Policy; Medicare Fraud Sentencing; Immunization Funding Growth
FDA refocuses COVID vaccine approvals on high-risk groups with new evidence requirements. Medicare fraud case results in sentencing for $3.2M scheme. Lower-income countries increase self-funded vaccine investments. Bipartisan prior authorization reform bill returns in Congress.
Ceresti Health Launches Medicare GUIDE Wait List to Support Dementia Care Nationwide
Ceresti Health opens a Medicare GUIDE wait list enabling family caregivers nationwide to access tech-enabled dementia care under CMS's new Medicare program launching July 2025. No cost to patients or caregivers.
United Fire Group Elects Three Directors to Board for 2025-2028 Term
United Fire Group completes 2025 shareholder vote, electing three directors to its board for the 2025-2028 term, ensuring strong governance in the property and casualty insurance market.
Hartford Insurance Group Declares Quarterly Dividend Amid Steady Market Valuation
Hartford Insurance Group (NYSE:HIG) declared a $0.52 quarterly dividend, reflecting steady performance with a 1.58% yield and diversified insurance operations across Commercial and Personal Lines.
Tornado Uncovers Insurance Coverage Gaps in Small Kansas Town
An EF-2 tornado in Plevna, Kansas, highlights significant insurance coverage gaps among homeowners and city buildings, posing challenges for disaster recovery and risk management in rural areas.
Washington Insurance Commissioner Issues $510,000 in Fines for Licensing Violations
Washington Insurance Commissioner has fined insurers over $510,000 for licensing violations including unlicensed health plans and unauthorized pet insurance sales, underscoring regulatory enforcement and compliance in the state's insurance market.