INSURASALES

Tag: Regulatory Compliance

FTC Settles with MediaAlpha for $45 Million Over Deceptive Health Insurance Lead Practices

In 2025, the FTC settled with MediaAlpha for $45M over deceptive health insurance lead generation, including illegal telemarketing and false government affiliation claims, emphasizing enforcement of consumer protection laws in insurance marketing.

Big Sky Owners Association Focuses on Community, Infrastructure, and Insurance Cost Challenges

The 53rd Big Sky Owners Association annual meeting highlighted rising insurance costs, infrastructure improvements, and legislative updates impacting community governance and resort management in Big Sky, Montana.

NICB Reports Surge in Synthetic Identity Fraud Impacting U.S. Insurance Crime

NICB reports a 49% rise in synthetic identity insurance fraud by 2025, piloting machine-learning tools to detect complex fraudulent claims across multiple insurance sectors.

CMS Launches AI-Driven Prior Authorization Pilot for Traditional Medicare in Washington

CMS to start AI-driven prior authorization pilot for traditional Medicare in Washington and five other states in 2026, targeting low-value procedures to reduce waste and improve compliance while maintaining clinician oversight.

NICB Projects 49% Surge in Identity Crime Fraud Impacting U.S. Insurance in 2025

The National Insurance Crime Bureau forecasts a 49% rise in identity crime fraud in 2025, emphasizing synthetic identity fraud's impact on insurance claims and industry risk management.

New Insights on Respiratory Health Impact Insurance Strategies

Explore how new respiratory health data influences insurance coverage, risk assessment, and regulatory compliance for U.S. insurers.

Maxus v. Travelers Fire Insurance Dispute Sets Precedent on Soot Damage Coverage

The Maxus v. Travelers case clarifies soot damage as covered direct physical loss, emphasizing the importance of precise policy wording and timely claims handling in commercial fire insurance disputes.

Global Commercial Insurance Market to Reach $1.89B by 2030, Driven by Regulatory and Tech Adoption

The global commercial insurance market is set to expand at a 7.9% CAGR, reaching $1.89 billion by 2030, driven by regulatory reforms, insurtech adoption, and rising risk exposures in North America, Asia-Pacific, and other regions.

CMS Launches Prior Authorization Pilot in Traditional Medicare to Control Costs

CMS initiates a six-state pilot requiring prior authorization in traditional Medicare to target overuse and cut costs, testing expanded regulatory controls familiar in Medicare Advantage.

St. Augustine Achieves CRS Class 4, Cutting Flood Insurance Premiums by 30%

St. Augustine, Fla., advances to CRS Class 4 under NFIP, enabling 30% flood insurance premium discounts through enhanced floodplain management and FEMA-approved mitigation measures.