INSURASALES

Tag: Regulation

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.

Illinois Bill Seeks to Prohibit Life Insurance Denials Based on Criminal Records

Illinois proposes legislation to prevent life insurers from denying coverage based on criminal history, advancing inclusive underwriting reforms.

2023 Tax Legislation Reshapes ACA Enrollment and Premiums in State Marketplaces

New 2023 tax and spending law changes ACA rules, ending automatic reenrollment and raising premiums, heavily impacting state-based marketplaces and coverage levels.

California Wildfire Risks Drive Insurance Withdrawal and Market Strain

Explore how California's wildfire crisis is leading to insurance coverage losses, premium hikes, and new regulatory strategies impacting homeowners and insurers alike.

Rhode Island Bans Auto Insurance Rate Hikes for Policy Inquiries

Rhode Island law prohibits auto insurers from raising premiums simply because policyholders ask about their coverage, effective 2026. This enhances consumer protections and guides insurer compliance.

CMS Finalizes 2025 Rule Tightening ACA Marketplace Enrollment and Coverage in Washington

CMS finalizes 2025 Marketplace rule with stricter enrollment periods, premium credit limits, and coverage restrictions impacting Washington's ACA exchange.

Patriot Select Assumes 12,000 Florida Homeowners Policies from Citizens

Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.

Evolution of Auto Insurance in the U.S.: From Liability to Telematics Pricing

Explore how auto insurance in the U.S. evolved from basic liability coverage to advanced telematics-driven pricing models, shaped by regulation and technology.