Tag: Insurance Regulation

Climate Change and U.S. Property Insurance Crisis: Regulatory Responses and Solutions

Exploring how climate change drives the U.S. property insurance crisis, analyzing state regulatory responses, and reviewing proposed insurer, land-use, and federal policy solutions.

Louisiana Insurance Pop-Up Brings Policy Support Directly to Consumers

The Louisiana Department of Insurance launches Insurance Pop-Up events to offer in-person policy support, improve consumer understanding, and navigate market challenges in homeowners and auto insurance.

PHL Variable Rehabilitation Plan Advances with Takeover Bids, Moratorium Updates

Connecticut’s Department of Insurance is reviewing multiple takeover proposals for PHL Variable Insurance Co. amid ongoing rehabilitation efforts, including moratorium on benefits and portfolio realignment.

Medicare Advantage Plan Terminations in Rochester-Finger Lakes Region for 2026

Medicare Advantage plans in Rochester-Finger Lakes are terminating in 2026, requiring beneficiaries to select new plans by Dec 7 or revert to Original Medicare with higher costs. Understand the implications for prescription costs and coverage changes.

Wisconsin Proposes LTC Insurance Guaranty Account to Protect Policyholders

Wisconsin Assembly Bill 699 proposes a specialized LTC insurance guaranty account funded by life and disability insurers to safeguard policyholders, with tax credits to ease insurer costs.

CMS Proposes 2027 Medicare Advantage Rule Updates on Star Ratings, Risk Adjustment, and Reporting

CMS released 2027 proposed Medicare Advantage rules focusing on simplifying Star Ratings, expanding risk adjustment data use, and streamlining reporting requirements.

Credit Scores Strongly Influence Auto Insurance Rates Amid State Regulatory Variations

Explore how credit scores affect car insurance premiums in the U.S., with state-specific regulations limiting credit usage. Discover insurer options for consumers with poor or no credit and learn strategies for cost-effective insurance shopping.

Deadline Looms for ACA Premium Tax Credit Renewal Affecting Iowa Market

Federal lawmakers must act by December on ACA premium tax credits that have reduced health insurance costs in Iowa. Without renewal, premiums could rise substantially for those under 400% of poverty.

NY DFS Issues Cybersecurity Guidance for Third-Party Service Providers in Insurance

The NY Department of Financial Services issues updated cybersecurity guidance for insurance firms managing risks from third-party providers, emphasizing AI and contract controls under Part 500.

Washington State Bill Enhances Insurance Regulation and Consumer Protections

Washington's new insurance bill strengthens consumer protections, imposes fines per violation, prohibits post-loss Assignment of Benefits, and preserves key ACA preventive services in state law.