California's 2023 insurance reforms aimed to secure homeowners in fire-prone areas but reveal loopholes allowing rate hikes without broad coverage. FAIR plan reliance doubles amid escalating policy nonrenewals.
NAIC CEO Gary Anderson resigns effective Oct 29. Jeff Johnston named interim CEO as NAIC plans budget growth and regulatory modernization, including AI and risk-based capital updates.
Illinois lawmakers reject a bill granting the Department of Insurance authority to regulate homeowners insurance rates amid industry concerns and State Farm's significant rate increases.
The Federal Insurance Office reports record $3.3 trillion U.S. insurance premiums in 2024, highlighting strong life and health and property/casualty sectors amid investment gains and market challenges.
Explore essential insights into Medigap Plans F, G, and N, focusing on coverage, enrollment periods, and regulatory nuances critical for U.S. insurance professionals advising Medicare beneficiaries.
Idaho's Department of Insurance finds wildfire losses rising but homeowners premiums stabilize in 2024 due to prior insurer adjustments and mitigation efforts. Analysis covers non-renewals, premiums, and market dynamics.
A federal judge upheld CMS Medicare Advantage star ratings, resulting in a downgrade for Humana that risks billions in government bonus payments. The ruling affects nearly half of Humana's Medicare Advantage members and has broad implications for the insurer and Medicare market.
Explore how the Affordable Care Act reshaped the US insurance market by mandating coverage for pre-existing conditions, slowing healthcare cost growth, and highlighting ongoing challenges in drug pricing and insurer practices.
California's insurance sector achieved $6.7 billion economic output and 29,000+ jobs through enhanced supplier diversity, reveals new report by California Department of Insurance.
A U.S. court rejected Humana's attempt to contest the CMS 2025 Medicare Advantage ratings, affecting Humana's bonus payments and highlighting CMS's regulatory role.
