INSURASALES

MedPAC Urges Reforms to Nursing Home Five-Star Rating System

MedPAC calls for federal reform of nursing home Five-Star ratings, emphasizing staffing and alternative quality metrics to improve long-term care under Medicare.

Hippo Holdings Outlines Growth and Profitability Roadmap Through 2028

Hippo Holdings reveals a detailed growth and profitability plan through 2028, leveraging technology and a partnership with Baldwin Insurance Group to expand its homeowners and new home insurance offerings.

St. Louis Suspends Insurance Escrow Holdback for Tornado-Damaged Properties Until 2026

St. Louis suspends a 25% insurance escrow holdback on tornado-damaged properties, speeding access to full payouts through December 2026. Regulatory change supports property recovery efforts after the May 16 tornado.

Alabama Man Found Guilty of Attempted Murder Linked to Insurance Fraud

Alabama man convicted of attempted murder after poisoning wife, raising multiple life insurance policies. Case underscores insurance fraud and regulatory concerns.

Arizona Jury Convicts Lori Vallow Daybell in 2019 Attempted Murder Case

Lori Vallow Daybell was convicted in Arizona for the 2019 attempted murder of her niece’s ex-husband, linked to a series of family-related murders and insurance claims.

Vermont Enacts Landmark Laws to Control Hospital Drug Pricing and Reform Health Care Payments

Vermont passes laws capping hospital outpatient drug prices and implementing reference-based pricing to reduce health care costs and insurance premiums.

Medicare Advantage Costs Taxpayers 22% More per Enrollee Amounting to $83 Billion More

Medicare Advantage plans cost taxpayers 22% more per enrollee than traditional Medicare. Understanding payment system flaws and reform options is critical for policymaker and insurer strategy.

Virginia Considers Eliminating Vehicle Personal Property Tax Amid Funding Concerns

Virginia officials and gubernatorial candidates consider ending the state's vehicle personal property tax, balancing taxpayer relief with $2.5 to $3 billion local revenue loss concerns.

North Carolina Sets 5% Average Auto Insurance Rate Increase Effective Oct. 1

North Carolina announces a 5% average auto insurance premium increase starting October 1 after a regulatory settlement, with a notable 16.3% decrease in motorcycle liability insurance rates statewide.

Mercury Insurance Taps Steve Bennett to Lead Climate Risk Science Team

Mercury Insurance appoints Steve Bennett to lead a new team focusing on climate-driven catastrophe risk mitigation, advancing resilience and coverage in high-risk property and casualty markets.