INSURASALES

NC Department of Insurance Market Regulation Division Returns $24.7M to Consumers

North Carolina's Department of Insurance Market Regulation Division secured $24.7 million in consumer refunds and over $1.8 million in fines from 2020-2024, ensuring insurer compliance and protecting policyholders.

Legacy of Merton Segal: Founder of Meadowbrook Insurance Group and Industry Mentor

Merton Segal, founder of Meadowbrook Insurance Group, significantly influenced self-insurance and property casualty sectors, mentoring future insurance professionals and supporting Detroit philanthropy.

North Dakota Empowers Insurance Commissioner with Restitution and Fine Authority

North Dakota's new law grants the insurance commissioner authority to require restitution and impose fines on insurers, enhancing regulatory enforcement and consumer protections.

Amwins Launches CoverCap for Middle-Market Commercial Property Coverage

Amwins introduces CoverCap, a new primary property coverage solution targeting middle-market commercial property risks up to $50 million TIV, enhancing underwriting efficiency and risk management.

SBI Life Q4 Profit Slightly Below Estimates; UBS Maintains Buy Rating

SBI Life Insurance's Q4 net profit slightly missed estimates with a 5% drop in premium income. UBS maintains buy rating, citing stable margins and market leadership.

Texas Appeals Court Supports State Farm Interpleader Action in $800K Life Policy Dispute

Texas appeals court upholds State Farm's federal interpleader action in a contested $800,000 life insurance policy dispute, highlighting insurer protections and beneficiary claim protocols.

SBI Life Insurance Q4FY25 Results: Profit Margins Improve Amid Slower Premium Growth

SBI Life Insurance's Q4FY25 report shows improved profit margins despite slower new premium growth, driven by agency channel strength and high-margin products.

Michigan Nonprofit Hospitals and Community Benefit Financial Assistance Challenges

Explore challenges in Michigan nonprofit hospitals' financial assistance programs under the Affordable Care Act, focusing on patient communication and tax exemption compliance.

Medicare Advantage Increases Government Costs, Not Saves Them, Reports Show

Medicare Advantage programs increase government spending by $84 billion annually due to payment structures and upcoding, impacting Medicare's fiscal sustainability.

Wealth Management Firms Eye $3 Trillion in Rollovers and Annuity Sales

Cerulli Associates reports $3 trillion in retirement rollovers and annuity sales opportunities for U.S. wealth management firms targeting high-net-worth individuals.