INSURASALES

AM Best Affirms Aetna and CVS Health Insurance Ratings as Stable

AM Best affirms stable A (Excellent) financial strength and credit ratings for Aetna Health & Life Group and CVS Health subsidiaries, highlighting strong capital adequacy and improved underwriting outlooks for 2025.

Record High U.S. Drivers Shop for Car Insurance Amid Elevated Rates & Bundling Discounts

Auto insurance shopping hits a 19-year high in 2024 as drivers seek better rates and bundling discounts amid rising premiums and market shifts, per J.D. Power study.

Bridge to Medicaid Act Targets Coverage Gap in Alabama and Other Non-Expansion States

The Bridge to Medicaid Act proposes temporary premium subsidies to close the Medicaid coverage gap for over 100,000 Alabamians in non-expansion states, enhancing access to affordable healthcare starting in 2026.

Think Tank Urges Extension of ACA Premium Tax Credits Amid Medicaid Cuts

Conservative think tank PUP Research recommends extending ACA premium tax credits to maintain affordable health insurance coverage amid proposed Medicaid cuts, emphasizing market stability and bipartisan support.

Texas Advances Legislation Against Forced Bundling in Home Insurance

Texas lawmakers consider Senate Bill 213 to ban forced bundling of home and auto insurance, enhancing consumer choice and transparency in the home insurance market.

American Financial Q1 2025 Earnings Show Lower Profit, Capital Return Focus

American Financial Group's Q1 2025 earnings show a profit decline due to catastrophe losses and reduced investment returns, with a strong focus on capital returns and underwriting discipline.

American Coastal Insurance Reports Q1 Net Income of $21.3M

American Coastal Insurance Corporation announces first-quarter net income of $21.3 million with EPS of 43 cents and $72.2 million revenue, highlighting Q1 performance.

Smaller U.S. Insurers Gain Market Share as Major Players Face Challenges in 2025

In 2025, major U.S. health insurers face financial and operational setbacks while smaller, focused payers achieve significant growth by leveraging market-specific strategies and managing costs effectively, reshaping the Medicare Advantage and ACA markets.

CCC Joins AI Governance Alliance to Promote Responsible AI in P&C Insurance

CCC Intelligent Solutions joins the AI Governance Alliance to advance responsible AI development in the P&C insurance industry, enhancing transparency, accountability, and regulatory alignment.

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.