INSURASALES

Tag: Insurance Legislation

Michigan Bill Proposes 10% Mandatory Auto Insurance Premium Cut, Faces Industry Pushback

Michigan Senate Bill 328 seeks to mandate a 10% reduction in auto insurance premiums, drawing concern from the insurance industry about potential market destabilization.

Louisiana Senate Advances Insurance Bill with Debate Over Rate Hike Authority

Louisiana Senate advances House Bill 148, sparking debate over expanding Insurance Commissioner Tim Temple's authority to reject auto insurance rate hikes amid rising premiums.

Oklahoma House Bill 2144 Poised to Reshape Health Insurance Bad Faith Litigation

Explore the implications of Oklahoma's House Bill 2144, expanding bad faith claims against health insurers and its potential impact on litigation and insurance market stability.

Texas Advances Legislation Against Forced Bundling in Home Insurance

Texas lawmakers consider Senate Bill 213 to ban forced bundling of home and auto insurance, enhancing consumer choice and transparency in the home insurance market.

NCOIL 2025 Spring Meeting Elevates National Insurance Policy Collaboration

The 2025 NCOIL Spring Meeting in Charleston advances key insurance reforms, including prior authorization, AI in insurance, and prescription drug affordability, with record participation from legislators and regulators.

Senate Introduces Insurance Data Protection Act to Limit Federal Overreach

Senate introduces the Insurance Data Protection Act to reaffirm state regulatory authority and limit the Federal Insurance Office's data collection powers, protecting insurer data and reducing compliance costs.

Washington Senate Passes Right-to-Appraisal Auto Insurance Bill, Awaiting Governor's Approval

Washington Senate approves SB5721 to mandate appraisal rights in auto insurance claims, enhancing policyholder dispute resolution. Bill awaits governor's signature.

NAIFA Advocates for Tax Cuts Extension and Regulatory Stability in Insurance

NAIFA prioritizes extending key Tax Cuts and Jobs Act provisions impacting life insurance and small business tax benefits, opposing C-SALT deduction limits, and promoting regulatory stability in Medicare and insurance markets.