Tag: Regulation

Illinois Launches Campaign to Address Discriminatory Auto Insurance Pricing

Illinois Secretary of State launches 'Driving Change' campaign targeting socioeconomic biases in auto insurance rates. Legislation seeks to enhance transparency and rate review.

DOL Proposes Rescinding Regulatory Safe Harbor for Retirement Annuities

The Department of Labor proposes rescinding a regulatory safe harbor for annuity selection in retirement plans, raising fiduciary concerns and market impact ahead of SECURE 2.0 implementation.

Colorado Health Insurance Premiums Facing Sharp Increases After Tax Credit Expiry

Colorado residents may see health insurance premiums rise up to 196% as expiring tax credits end, impacting affordability and increasing out-of-pocket costs. Regulatory reviews underway.

2025 Insurance Industry Growth Supported by Economic and Technological Trends

Conning analysts forecast sustained growth in life/annuity and property/casualty insurance in 2025, driven by economic conditions, regulatory focus, AI adoption, and rising catastrophe and cyber risks.

US Insurance Market Poised for Major Change Under 'One Big Beautiful Bill Act'

The 'One Big Beautiful Bill Act' introduces sweeping changes to US health and P&C insurance, including Medicaid cuts, ACA subsidy restrictions, and new tax incentives, reshaping market dynamics through 2034.

UnitedHealth Faces Critical Earnings as Share Price Halves Amid Sector Challenges

UnitedHealth Group's stock has fallen 50% amid sector-wide challenges and regulatory scrutiny. The upcoming earnings report and guidance will be pivotal for investor confidence.

UnitedHealth Group Faces DOJ Probes Over Medicare Billing and Coding Practices

UnitedHealth Group confirms DOJ investigations into Medicare billing and diagnosis code practices, impacting regulatory compliance and Medicare program integrity.

State Farm Raises Illinois Home Insurance Rates by 27% Amid Weather-Related Losses

State Farm increases Illinois home insurance rates by 27%, citing severe weather losses and inflation; Governor pushes for regulatory reform.

Transamerica Partners with Nuveen and TIAA to Offer Integrated Lifetime Income Target-Date Funds

Transamerica teams with Nuveen and TIAA to provide a target-date fund with embedded lifetime income, enhancing retirement plan offerings with guaranteed income solutions and streamlined administration.

New York Defensive Driving Course Offers 10% Auto Insurance Premium Cut Amid Rising Rates

IMPROVLearning's DMV-approved defensive driving course offers New York drivers a guaranteed 10% auto insurance premium reduction amid significant rate hikes since 2023. Learn how this online program supports compliance and cost savings for policyholders and insurers.