INSURASALES

Tag: Insurance Regulation

Florida Auto Insurance Rates Drop 6.5% Following Tort Reform

Florida's top five auto insurers cut rates by 6.5% after legislative tort reforms reduce insurer litigation risks, influencing market-wide rate decreases.

Regulatory Changes Reshape Compliance and Operations in U.S. Insurance Market

Explore key regulatory changes impacting compliance and operations within the U.S. insurance market, highlighting insurer and provider adaptations for enhanced regulatory adherence.

Illinois Campaign Targets Use of Zip Code and Age in Auto Insurance Rates

Illinois leaders launch a campaign to prevent the use of zip codes and age in car insurance rate setting, signaling regulatory shifts in auto insurance pricing and compliance.

Federal Funding Cuts Threaten Medicaid and Medicare Coverage in Connecticut

Federal budget changes could cut Medicaid and Medicare funding in Connecticut, risking coverage for 175,000 residents and impacting the state economy.

2025 Medicare Drug Plan Caps Lower Out-of-Pocket Costs Under Inflation Reduction Act

Starting in 2025, Medicare prescription drug plans will have a new $2,000 out-of-pocket cap under the Inflation Reduction Act, eliminating the donut hole and lowering costs for beneficiaries. This applies to both Part D and Medicare Advantage plans with drug coverage.

DOJ Investigates UnitedHealth Group Over Medicare Advantage Practices

UnitedHealth Group faces DOJ investigation over Medicare Advantage practices, with the insurer cooperating amid leadership changes and cost pressures. The inquiry centers on coding and managed care compliance.

GM Insurance Expands Usage-Based Auto Policies to Arkansas, Colorado, Louisiana

General Motors Insurance broadens auto insurance coverage using telematics in Arkansas, Colorado, and Louisiana, reflecting regulatory compliance and market innovation.

Medicaid Cuts and Work Requirements Threaten Coverage for Millions Nationwide

Medicaid funding cuts and new work verification rules under 2023 tax legislation risk coverage loss for millions, complicate state programs, and shift costs to states.

Massachusetts Regulators Approve Mixed 2026 Health Insurance Premium Changes

Massachusetts insurance regulators approve 2026 premium increases for six carriers, reject high hikes proposed by Blue Cross and WellSense in the merged individual and small business health insurance market.

ACA Health Insurance Premiums to Rise 15% in 2026 as Subsidies Expire

Affordable Care Act health insurance premiums are set to increase by 15% in 2026 as federal subsidies expire and insurers adjust pricing. New renewal paperwork requirements also impact ACA enrollees. Insurance professionals should note these regulatory and cost shifts in the health insurance market.