INSURASALES

Tag: Regulatory Impact

Michigan Bill Proposes 10% Mandatory Auto Insurance Premium Cut, Faces Industry Pushback

Michigan Senate Bill 328 seeks to mandate a 10% reduction in auto insurance premiums, drawing concern from the insurance industry about potential market destabilization.

Proposed Bill Could Raise NY Health Insurance Premiums by 38% and Cut Coverage

New York faces significant health insurance premium hikes and coverage losses from proposed federal legislation eliminating enhanced tax credits and cutting healthcare funding.

Rising Tax on Private Foundations Accelerates Growth of Donor-Advised Funds

New U.S. tax proposals on private foundations are driving wealthy donors toward donor-advised funds, reshaping philanthropic giving patterns and tax strategies.

U.S. Auto Insurance Rates Expected to Rise 7.5% in 2025

US auto insurance premiums are projected to increase 7.5% in 2025 due to claims from natural disasters, repair cost inflation, and market dynamics, with notable regional variations.

Supreme Court Likely to Uphold ACA Preventive Care Mandate with Significant Industry Impact

U.S. Supreme Court expected to uphold ACA preventive care mandate, reinforcing insurer obligations and expanding HHS secretary's regulatory power affecting health insurance compliance and coverage.

UnitedHealth Group Faces Medicare Advantage Utilization and Payment Challenges in Q1 2025

UnitedHealth Group's Q1 2025 earnings reveal increased Medicare Advantage care utilization and regulatory payment changes impacting financial performance, highlighting challenges in the evolving health insurance market.