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.
Florida's top five auto insurers cut rates by 6.5% after legislative tort reforms reduce insurer litigation risks, influencing market-wide rate decreases.
Explore key regulatory changes impacting compliance and operations within the U.S. insurance market, highlighting insurer and provider adaptations for enhanced regulatory adherence.
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 budget changes could cut Medicaid and Medicare funding in Connecticut, risking coverage for 175,000 residents and impacting the state economy.
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.
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.
General Motors Insurance broadens auto insurance coverage using telematics in Arkansas, Colorado, and Louisiana, reflecting regulatory compliance and market innovation.
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 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.
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.