INSURASALES

Tag: Regulatory Compliance

U.S. Files False Claims Act Complaint Over Medicare Genetic Test Billing

U.S. government files False Claims Act complaint against medical billing company for submitting false Medicare claims related to unnecessary genetic tests.

Mobile App Tracking Influences Auto Insurance Pricing Dynamics

Explore how mobile app tracking impacts auto insurance pricing and the regulatory challenges insurers face leveraging driving data for risk assessment.

The Hartford and QBE Advance Telematics and Cyber Coverage for Evolving Risk Landscapes

Explore how The Hartford enhances telematics initiatives with people-centric strategies and how QBE addresses SEC cyber disclosure gaps with new insurance coverages, supporting risk management for insurers and clients.

7% of U.S. Homeowners Lack Property Insurance Due to Cost Barriers

Federal Reserve data shows 7% of U.S. homeowners are uninsured due to high property insurance costs, highlighting market and regulatory challenges.

Slide Insurance CEO Pay Surpasses Peers Amid Florida Market Growth

Slide Insurance's CEO Bruce Lucas received over $21 million in 2024, exceeding typical pay in Florida's public insurers during its IPO filing. This highlights compensation trends amid Florida's property insurance growth and regulatory environment.

Travelers to Sell Canadian Personal and Commercial Insurance Businesses for $2.4B

Travelers is selling its Canadian personal and most commercial insurance businesses to Definity Financial for $2.4 billion, closing expected in 2026. The move reflects strategic focus amid wildfire losses.

CMS Increases Oversight to Prevent Improper Medicaid Spending on Noncitizens

CMS ramps up oversight to stop misuse of Medicaid funds for noncitizen coverage, enforcing federal eligibility rules and recouping improper spending.

UnitedHealth Eyes Recovery Amid Medicare Scrutiny and Rising Costs

UnitedHealth faces DOJ investigation and Medicare scrutiny amid rising medical costs, yet diversification through Optum supports potential recovery in 2025.

DOJ Sues Medicare Advantage Insurers for Kickback and Discriminatory Practices

The DOJ has filed a lawsuit against major Medicare Advantage insurers for an alleged kickback scheme and discriminatory enrollment practices affecting beneficiaries with disabilities. The case highlights regulatory issues and market conduct in private Medicare plans.

Advisor Jeffrey Cutter Appeals SEC Case Ruling on Insurance Commission Disclosures

Jeffrey Cutter appeals SEC ruling on insurance commission disclosure, challenging regulatory requirements under the Investment Advisers Act and McCarran-Ferguson Act limitations.