INSURASALES

Tag: Insurance Regulation

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.

Supreme Court Review of PSTF Appointment Powers Risks ACA Preventive Care Coverage

The Supreme Court case over PSTF appointment authority could impact ACA preventive care coverage like PrEP and cancer screenings, with broad implications for insurance mandates and healthcare policy.

New Jersey Adopt Best-Interest Annuity Standards as 50th State

New Jersey completes nationwide adoption of NAIC best-interest annuity standards, aligning state and federal regulations on insurance producer obligations and consumer protections.

Washington Enacts Law Barring Medical Debt from Credit Reporting

Washington State's new law prohibits medical debt from being reported to credit agencies, protecting consumers from credit score damage due to healthcare costs.

Louisiana Governor Champions Bipartisan Insurance Rate Regulation Bill

Louisiana Governor Jeff Landry supports bipartisan House Bill 576 to regulate insurance rates, addressing high auto and property premiums through expanded commissioner authority.

North Dakota Enhances Insurance Violation Penalties with HB 1088

North Dakota's new HB 1088 law increases penalties for insurance violations, empowering the Insurance Commissioner with expanded enforcement and restitution authority, impacting insurer compliance obligations.

Medicare Advantage Costs, Challenges, and Broker Roles: Insights from SCAN Health Plan CEO

Medicare Advantage increases federal spending but offers lower out-of-pocket costs for seniors. SCAN CEO Sachin Jain highlights program flaws, risk adjustment abuses, and broker roles.

Washington State Insurance Statistical Reporting Requirements and Thresholds

Comprehensive overview of Washington state's statistical reporting requirements for property and casualty insurers, including premium thresholds, NAIC guidelines, and line-specific rules.