INSURASALES

Tag: Consumer Protection

Michigan Financial Advisor Faces Trial for Insurance Fraud with Annuities

Michigan financial advisor Todd Bernstein charged with insurance fraud for submitting false annuity applications involving early annuity surrenders, under investigation by Michigan DIFS and Attorney General.

Understanding Direct Repair Programs in Florida Insurance Claims

Explore the role of Direct Repair Programs in Florida insurance claims, coverage implications, and the importance of informed decisions in water damage repairs.

Wealth Express Launches Term Life Insurance with Guaranteed Rates and No Medical Exams

Wealth Express introduces term life insurance with guaranteed rates and no medical exams, eliminating hidden fees common in digital platforms. Transparent pricing restores consumer trust.

California Advances Auto Retail Protections Following FTC Rule Reversal

California's CARS Act aims to improve auto retail protections after the FTC CARS Rule was overturned, enhancing affordability and reducing risks for vehicle buyers.

Massachusetts Launches Working Group to Address Pyrrhotite-Damaged Foundations

Massachusetts creates a stakeholder working group to address costly foundation damage from pyrrhotite affecting thousands of homes, aiming for legislative solutions by 2026.

Rhode Island Bans Auto Insurance Rate Hikes for Policy Inquiries

Rhode Island law prohibits auto insurers from raising premiums simply because policyholders ask about their coverage, effective 2026. This enhances consumer protections and guides insurer compliance.

Florida Faces Transparency Challenges as More Property Insurers Fail Fiscal Fitness Test

Florida's Property Insurance Stability Report reveals increased insurer financial risk and lack of transparency. Learn about regulatory disclosure limits and market impact.

Texas Passes Law Ending Insurance 'Widow Penalty' on Auto and Home Policies

Texas enacts Senate Bill 1238 to end the insurance 'widow penalty,' preventing rate hikes for surviving spouses on auto and home insurance. Effective Sept 2025.

Phishing Scam Targets Consumers with False Unclaimed Life Insurance Claims

A phishing scam falsely claiming unclaimed life insurance policies is targeting consumers, warns the Better Business Bureau. Learn how to recognize and avoid these fraudulent insurance offers.

Insurance Data Tracking in Apps Raises Regulatory and Privacy Concerns

Examining concerns over app-based tracking of driving data affecting auto insurance rates, related lawsuits, and emerging U.S. privacy legislation.