INSURASALES

Tag: Insurance Regulation

2025 Marks Key Anniversaries for Social Security, Medicare, Medicaid, ADA, and ACA

Explore the 2025 anniversaries of foundational U.S. laws: Social Security, Medicare, Medicaid, ADA, and ACA, highlighting their impact on insurance regulation and healthcare policy.

SEC Cybersecurity Enforcement Spurs New Insurance Solutions in 2024

Amid increased SEC enforcement of cybersecurity disclosures, QBE introduces enhanced cyber insurance coverages addressing regulatory gaps for public companies in 2024.

Washington State Guidance on Annuities: Compliance and Consumer Considerations

Washington state issues guidelines emphasizing financial, tax, and investment considerations for insurance professionals recommending annuities. Resources support locating existing contracts and understanding annuity benefits and risks.

Senate Committee Probes Major Insurers on Disaster Claim Payout Reductions

Senate hearing examines allegations of major insurers cutting disaster-related claim payouts amid rising homeowner complaints and regulatory scrutiny.

California Approves 17% Emergency Rate Hike for State Farm Home Insurance

California Department of Insurance approves a 17% emergency home insurance premium increase for State Farm to stabilize finances post-LA wildfires. Rate hikes affect 1M homeowners and reflect broader wildfire insurance challenges.

Florida Hurricane Catastrophe Fund Maintains Strong Position Ahead of 2025 Season

The Florida Hurricane Catastrophe Fund remains financially strong for the 2025 hurricane season, providing crucial reinsurance support to private insurers amid market challenges.

California Fair Plan Surcharges Homeowners to Offset $1 Billion Fire Losses

California FAIR Plan seeks to surcharge homeowners statewide to recover $1 billion in wildfire claims from 2024 Los Angeles fires. Regulatory approval pending, with legal challenges ongoing.

Trident and MSIG USA Leadership Changes Highlight Insurance Market Shifts

Trident Reciprocal Exchange names Ryan Hodges CEO amid Florida homeowners market shifts; MSIG USA appoints Tony Beirne and Dale James to actuarial and risk leadership roles.

F&G Annuities & Life Inc Faces Financial Volatility Amid Growth Opportunities

F&G Annuities & Life Inc reports Q1 net loss with declining revenues but leverages strong product portfolio and institutional partnerships to pursue growth in retirement solutions amid market and regulatory challenges.

Rhode Island Proposes Major Updates to Unfair Claims Settlement Practices Act

Rhode Island Senate Bill S1015 proposes comprehensive reforms to unfair claims settlement practices, enhancing standards for appraisal, direct payments, and total loss determinations in auto insurance.