INSURASALES

Tag: Insurance Regulation

Florida Approves Two New Property Insurers as Market Competition Grows

Florida approves two new property insurers, Stand Insurance Exchange and Praxis Reciprocal Exchange, expanding competition and contributing over $574M in surplus. Policy transfers from Citizens Property Insurance signal market reforms and rate stabilization in Florida's property insurance sector.

House Hearing Reviews Terrorism Risk Insurance Act's Market Role & Reauthorization

The House Financial Services Subcommittee held a hearing to evaluate the Terrorism Risk Insurance Act's role in stabilizing the terrorism insurance market and discussed its upcoming reauthorization and impact on economic resilience.

Social Security COLA Forecasted at 2.7% for 2026, FRA and Tax Limits Update

The Social Security Administration forecasts a 2.7% cost-of-living adjustment for 2026 benefits, with key changes to full retirement age and tax limits impacting beneficiaries.

Florida Review of Citizens Property Insurance Arbitration Intensifies Over Policyholder Disputes

Florida lawmakers examine mandatory arbitration under House Bill 799 affecting Citizens Property Insurance policyholders, highlighting rising disputes and legal challenges.

Florida Homeowners Face Soaring Insurance Rates Amid Slide Insurance CEO's $50M Payday

Florida homeowners confront soaring insurance premiums as Slide Insurance CEO earns $50M amid company acquisitions and state market shifts.

Florida Fines Eight Insurers $2M for Delayed Hurricane Claim Processing

Florida fines eight home insurers $2 million for delays and unresponsiveness in handling Hurricane Ian and Idalia claims, highlighting regulatory enforcement during hurricane season.

Alabama Department of Insurance Approves 2026 ACA Premium Increases

Alabama's Department of Insurance authorizes 2026 ACA individual premium increases, with Blue Cross, United Healthcare, and Celtic Insurance rates rising significantly. Oscar Insurance enters Alabama market in 2026.

Colorado Proposes Rules to Tie Wildfire Mitigation to Homeowners Insurance Rates

Colorado's latest insurance rules link wildfire mitigation efforts to homeowners insurance rates, aiming to enhance transparency and reduce premiums amid rising wildfire risk and affordability challenges.

Federal Court Halts ACA Eligibility Changes; Supreme Court Blocks NIH Funding Restoration

Federal court pauses ACA eligibility changes while Supreme Court blocks NIH grant restorations, impacting healthcare policy and funding. Explore implications for insurance and Medicaid expansion.

Florida Approves Insurers to Shift Tens of Thousands of Policies from Citizens

Florida regulators approve private insurers to take tens of thousands of policies from Citizens Property Insurance Corp., aiming to reduce the insurer of last resort's market share amid hurricane season risks.