INSURASALES

Tag: Insurance Regulation

Pennsylvania Senate Passes Bill to Enhance Pharmacy Pricing Transparency

Pennsylvania Senate passes Bill 95 with amendment requiring pharmacies to disclose retail and generic drug prices upon consumer request, promoting prescription drug cost transparency and informed purchasing decisions.

Medicare Advantage Debate Echoes in NYC Retiree Advocacy

Examining the ongoing Medicare Advantage debate among NYC public service retirees and union influences, highlighting implications for health insurance policy and benefits.

Senators Urge FEMA to Halt Risk Rating 2.0 Flood Insurance Premium Increases

U.S. Senators demand FEMA halt Risk Rating 2.0 flood insurance premium hikes citing transparency issues and impacts on homeowners, especially in Republican-led states.

North Carolina Approves 5% Auto Insurance Rate Increase with Lower Motorcycle Rates

North Carolina's Insurance Commissioner approves a 5% average increase in automobile insurance rates and a 16.3% decrease in motorcycle liability premiums, highlighting regulatory adjustments and market impacts starting October 1, 2025.

Supreme Court Reviews Key Cases Impacting U.S. Healthcare and Civil Rights

The U.S. Supreme Court reviews pivotal cases on healthcare access, birthright citizenship, voting rights, and educational policies, influencing insurance and regulatory frameworks nationwide.

North Carolina Auto Insurance Rates to Increase 5% from October 2025

North Carolina announces a 5% average auto insurance rate hike effective October 2025 under a settlement with the Rate Bureau. Insights on market impact and regulatory context.

Humana Supports Medicare Advantage Billing Reforms Targeting Nurse Practitioner Home Visits

Humana backs legislative efforts to reform Medicare Advantage billing practices, focusing on diagnoses from nurse practitioner home visits to improve Medicare payment accuracy and reduce overpayments.

NAIC Task Force Adopts Disclosure-Focused Reinsurance Asset Testing Guideline

The NAIC Life Actuarial Task Force adopts a new disclosure-only guideline for reinsurance asset testing, with initial data reporting mandated by 2026 to enhance transparency in life insurer reserves.

US Commercial P&C Insurance Market Adjusts Amid Elevated 2025 Catastrophe Losses

The US commercial P&C insurance market faces elevated catastrophe losses in 2025, with wildfire intensity and material costs impacting underwriting, premiums, and availability. Stable capital and competitive renewals present opportunities amid ongoing challenges.

Illinois Bars Life Insurers From Denying Coverage or Charging More Based on Felony History

Illinois enacts HB 2425 banning life insurance companies from denying coverage or increasing premiums solely due to felony convictions, impacting underwriting and market dynamics.