INSURASALES

Tag: Insurance Regulation

Vermont Registers 16 New Captive Insurance Companies in Q1 2025

Vermont sees registration of sixteen new captive insurance companies in Q1 2025, raising total licensed captives to 1,378. Key management firms involved in this expansion.

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.

Louisiana Dept. of Insurance Earns NAIC Accreditation, Gains Leadership Roles

Louisiana Department of Insurance achieves NAIC accreditation for financial solvency regulation and secures multiple NAIC leadership appointments for 2025, enhancing its role in national insurance oversight.

ACA Unfunded Mandates Impact Insurance Markets; U.S. Biotechnology Patent Lead Narrows

Analysis of the ACA's unfunded mandates on insurance markets highlights premium impacts and market consolidation. Also, U.S. biotechnology patent leadership narrows amid rising Chinese innovation.

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.

Medicare Advantage Increases Government Costs, Not Saves Them, Reports Show

Medicare Advantage programs increase government spending by $84 billion annually due to payment structures and upcoding, impacting Medicare's fiscal sustainability.

Prior Authorization Reforms and AI: Transforming U.S. Healthcare Compliance in 2025

Explore the 2024 CMS prior authorization rule and the impact of AI on healthcare administrative processes, improving compliance and patient care timelines.

California Homeowners Sue Insurers for Coordinated Denial of Fire Risk Coverage

California homeowners sue major insurers alleging collusion to deny coverage in fire-prone areas, forcing reliance on the California FAIR Plan with higher premiums and lower coverage.

Nevada Senate Advances Bill Increasing Truckers' Liability Insurance Requirements

Nevada Senate narrowly approves bill to raise minimum liability insurance for truckers, sparking industry opposition and regulatory debate.

Texas Insurance Rate Hikes Challenge Housing Affordability Amid Legislative Review

Texas faces a 22% rise in home insurance premiums in 2024, driving legislative efforts to balance insurance regulation and housing affordability through oversight and market-based solutions.