INSURASALES

California Insurance Market Reform Act Gains Support Amid Market Strains

Panorama Insurance Associates backs the California Insurance Market Reform Act to modernize regulation, support agents, and address rising premiums amid insurer withdrawals.

Private Equity Firm to Acquire Sapiens for $2.5 Billion

Private equity firm to acquire Nasdaq-listed insurance tech firm Sapiens for $2.5 billion, signaling consolidation and growth in the U.S. insurance software market.

New York State Medicaid Loses $500M from Inadequate Medicare Enrollment Oversight

New York State's failure to enforce Medicare enrollment for eligible seniors costs Medicaid $500 million amidst federal funding cuts, raising concerns over state health spending and oversight.

Study Highlights Data Challenges in Evaluating Medicare Advantage Plan Use and Cost

A new study outlines data challenges and proposes methods to improve analysis of Medicare Advantage plans, focusing on utilization, cost, and risk adjustment.

Jasper County Man Charged with Auto Insurance Identity Fraud

Jasper County man charged with fraudulent use of identifying information to obtain auto insurance policy, emphasizing the need for stringent identity verification in insurance compliance.

Florida Peninsula Insurance Proposes Largest Premium Reduction in History

Florida Peninsula Insurance files for historic average 8.4% homeowner premium cut amid legislative reforms improving Florida's insurance market.

Axis Capital Names Matthew Kirk as CFO Effective March 2026

Axis Capital appoints Matthew Kirk as CFO effective March 2026, succeeding Peter Vogt in a planned leadership transition focusing on financial stability in property & casualty insurance.

Palomar Holdings Outperforms with Strong Growth and Profitability in Specialty Insurance

Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.

High Uninsured Rates in Missouri Tornado Zone Highlight Disaster Recovery Challenges

Missouri tornado zones show high uninsured rates; Texas floods spur active insurance outreach. NAIC anticipates FEMA shifting more disaster responsibilities to states.

Federal Judge Allows Lawsuit Against Bank of America Over 401(k) Vesting Practice

Federal judge permits lawsuit alleging Bank of America's 401(k) forfeiture policy breaches federal vesting laws, spotlighting retirement plan compliance.