INSURASALES

Social Security COLA Forecasted at 2.7% for 2026, FRA and Tax Limits Update

The Social Security Administration forecasts a 2.7% cost-of-living adjustment for 2026 benefits, with key changes to full retirement age and tax limits impacting beneficiaries.

PRA Reviews FundedRe Regulatory Treatment Amid Market and Risk Concerns

The PRA is assessing FundedRe transactions' regulatory treatment to address risk underestimation and market competitiveness in the UK insurance sector.

AM Best Reviews Banner Life, William Penn-NY Ratings Amid Meiji Yasuda Acquisition

AM Best maintains ratings for Banner Life and William Penn-NY as Legal & General sells U.S. protection business to Meiji Yasuda, highlighting strategic moves in U.S. life insurance and pension risk transfer sectors.

Florida Lawmaker Proposes Eliminating Property Taxes with New Revenue Model

Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.

Liberty Mutual Launches Infrastructure Solutions Unit to Enhance Risk Management

Liberty Mutual Insurance introduces Infrastructure Solutions unit within Global Risk Solutions to support complex infrastructure projects with specialized underwriting and risk management.

Q2 Earnings Review: Health Insurers Show Varied Growth Amid Regulatory and Economic Challenges

Examination of Q2 earnings for U.S. health insurers reveals growth trends, regulatory challenges, and economic factors shaping market performance in 2024.

Medicare Faces AI-Driven Prior Authorization Pilot Amid Budget Cuts

Medicare to pilot AI-driven preauthorization program in six states as federal budget cuts threaten program funding and patient access.

California Enacts AB 144 to Modernize Vaccine Coverage in Health Insurance

California's AB 144, signed into law, updates health insurance vaccine coverage policies aligning with federal immunization guidelines, enhancing access and regulatory compliance.

Mid-South Tornado Damage Sparks Complex Insurance Claim Dispute in Mississippi

A Mississippi homeowner's ongoing insurance claim dispute with USAA after April 2025 tornado and storm damage highlights challenges in property damage coverage and insurer responsiveness.

New Legislation Targets Insurance Industry Consolidation in Healthcare

New US legislation aims to prevent insurance companies from acquiring independent health clinics, addressing rising healthcare costs and market consolidation.