Medicare Part D's coverage gap, known as the Donut Hole, is eliminated in 2025 with a new three-phase benefit and $2,000 out-of-pocket cap, enhancing cost predictability and managing prescription drug expenses for beneficiaries.

Explore the latest data on customer satisfaction challenges facing major U.S. insurance companies across property, life, and health insurance sectors, highlighting trends and company rankings in 2023.

Medicare Part B premiums increase to generate $14 billion in revenue amid rising outpatient and managed care costs, impacting seniors and Medicare Advantage plans.

NASCAR star Kyle Busch’s lawsuit reveals the risks of Indexed Universal Life policies marketed as tax-free retirement plans. Learn about the hidden costs and regulatory concerns.

Louisiana plans to implement mandatory insurance premium discounts for homeowners with fortified roofs as part of efforts to address the state’s ongoing property insurance crisis and high premiums.

Florida's 2023 insurance reforms, including HB 837, have led to auto and property insurance rate decreases, increased market competition, and reduced litigation impacts, stabilizing the insurance marketplace.

Rhode Island Attorney General warns consumers about limited-benefit 'junk' health insurance plans during open enrollment, highlighting risks and official resources for legitimate coverage.

Congress members led by Rep. McDowell ask FHFA to reconsider homeowners insurance mandates limiting Actual Cash Value policies to improve affordability and flexibility in federally backed mortgages.

Illinois House rejects bill to empower Department of Insurance to regulate homeowners insurance rates amidst rising premiums and regulatory debates.

North Carolina insurers seek a 68.3% average rise in dwelling insurance premiums across two years to address rising storm damage claims and construction cost inflation. Regulatory review underway.