INSURASALES

Tag: Compliance

Maryland Police Officers Plead Guilty in Multi-Vehicle Auto Insurance Fraud Scheme

Two Maryland police officers pled guilty to orchestrating an auto insurance fraud scheme involving staged vehicle thefts and falsified police reports, resulting in significant fraudulent insurance payouts. Their sentencing highlights enforcement efforts against insurance fraud in law enforcement.

CMS Expands Medicare Advantage Audits to Address $43B Overpayments

CMS is intensifying Medicare Advantage audits to recover $43 billion in overpayments, impacting provider contracts and regulatory compliance across the MA ecosystem.

Key Insights on U.S. Insurance Claims Handling and Regulatory Updates

Explore critical updates on U.S. insurance claims handling, regulatory compliance, and market trends enhancing provider and payer operations.

San Diego Man Pleads Guilty to $51M Medicare Durable Medical Equipment Fraud

Fernando Valenzuela Ayub pleaded guilty to a $51 million Medicare fraud scheme involving durable medical equipment. The case highlights key issues in Medicare billing and compliance.

Optum Develops AI-Based Risk Coding for Medicare Patients Amid DOJ Scrutiny

Optum is creating AI-driven risk coding to improve Medicare patient assessments, coinciding with DOJ investigations into Medicare Advantage practices by UnitedHealth Group.

Washington State Guidance on Annuities: Compliance and Consumer Considerations

Washington state issues guidelines emphasizing financial, tax, and investment considerations for insurance professionals recommending annuities. Resources support locating existing contracts and understanding annuity benefits and risks.

NY Department of Financial Services Reinforces Rigorous Licensing Standards

The NY Department of Financial Services reiterates rigorous, consistent standards for licensing financial institutions, emphasizing compliance and consumer protection for insurers and financial firms.

Louisiana Mandates Insurers Disclose All Available Policy Discounts by 2025

Starting May 2025, Louisiana property and casualty insurers must disclose all available premium discounts to policyholders, enhancing transparency and compliance.

DOJ Sues Major Medicare Advantage Insurers and Brokers Over Alleged Kickbacks

The DOJ has sued top Medicare Advantage insurers and brokers alleging illegal kickbacks to steer enrollments, raising regulatory and compliance issues in the Medicare insurance market.

ATRI Sets 2025 Research Priorities on Insurance, Safety, and Compliance in Trucking

ATRI's 2025 research priorities focus on rising insurance costs, driver training impacts, safety tech, telematics, and cabotage violations in U.S. trucking.