INSURASALES

Tag: Consumer Protection

Georgia Tort Reform Expected to Lower Insurance Premiums by 3-5%

Georgia's new tort reform laws SB68 and SB69 are anticipated to reduce insurance premiums by 3-5%, with the insurance commissioner promising strict oversight on rate filings and insurer practices.

NC Department of Insurance Market Regulation Division Returns $24.7M to Consumers

North Carolina's Department of Insurance Market Regulation Division secured $24.7 million in consumer refunds and over $1.8 million in fines from 2020-2024, ensuring insurer compliance and protecting policyholders.

CMS ACA Caseworker Reductions Signal Longer Resolution Times Amid Policy Changes

CMS has cut two ACA caseworker teams amid federal staff reductions, risking longer resolution times for 24 million enrollees and raising concerns about fraud and policy change impacts.

New Jersey Adopt Best-Interest Annuity Standards as 50th State

New Jersey completes nationwide adoption of NAIC best-interest annuity standards, aligning state and federal regulations on insurance producer obligations and consumer protections.

Washington Enacts Law Barring Medical Debt from Credit Reporting

Washington State's new law prohibits medical debt from being reported to credit agencies, protecting consumers from credit score damage due to healthcare costs.

Utah Insurance Department Warns of WhatsApp Scam Selling Fake Auto Policies

Utah's Department of Insurance alerts drivers to WhatsApp scams selling fake auto insurance policies amid rising premiums. Learn about the risks and market impact.

Missouri Farm Bureau's Proposal for Unregulated Health Plans Sparks Debate

The Missouri Farm Bureau's contentious proposal for unregulated health plans has ignited discussions about healthcare accessibility, consumer protection, and insurance market stability in Missouri.

Washington House Approves Right-to-Appraisal Bill, Enhances Consumer Claims Process

The Washington House passed a right-to-apraisal bill, empowering policyholders in vehicle repair disputes, marking a crucial development in insurance consumer rights.

Alabama House Approves Innovative Health Plans for Farmers

The Alabama House recently approved House Bill 477, proposing tailored health plans for farmers, focusing on cost-saving measures and consumer protections. Explore the implications of this legislation on rural healthcare access.

Washington Bill to Enhance Consumer Protection Fails in Committee

Substitute Senate Bill 5331, aimed at enhancing consumer protection in Washington by allowing insurance refunds from companies violating state laws, failed in committee, raising concerns over consumer rights.