Tag: Regulatory

Kansas City Life Insurance Settles $40 Million Class Action Over Excessive Cost Claims

Kansas City Life Insurance Co. agrees to a $40 million settlement over allegations of excessive life insurance costs, benefitting policyholders nationwide with plans active since 2002. Legal and regulatory insights included.

Medicare Open Enrollment Spurs Surge in Targeted Scams on Beneficiaries

As Medicare open enrollment begins, scammers increase efforts to steal seniors' personal and Medicare information through fraudulent calls. Learn how to detect and prevent Medicare-related fraud effectively.

UnitedHealth Projects Stable High Star Ratings for Medicare Advantage Plans in 2026

UnitedHealth expects 78% of members in Medicare Advantage plans rated four stars or higher for 2026, supporting government reimbursements and financial outlook amid cost pressures.

Elevance and Major Insurers Adjust Medicare Advantage Strategies Amid Cost Pressures

Elevance Health and leading insurers recalibrate Medicare Advantage plans and Part D coverage amid rising costs and regulatory shifts, focusing on risk management and compliance.

Virginia Smokers See Reduced Obamacare Premiums Amid FDA Tobacco Approval Delays

Virginia smokers with Obamacare coverage benefit from reduced health insurance premiums as FDA delays in tobacco product approvals persist. Key insights into regulatory impact on insurance costs.

Tech-Enabled Claim Instigation Drives Litigation Risks in Transportation Insurance

Demotech uncovers AI-driven claim instigation tactics fueling litigation and insolvency risks in the U.S. transportation insurance sector, prompting industry-focused legislative discussions and strategic defense initiatives.

Maryland Supreme Court: Insurer Must Honor Post-Loss Claim Assignments Despite Anti-Assignment Clause

The Maryland Supreme Court ruled that anti-assignment clauses in insurance policies do not prohibit assignment of post-loss claims, impacting claims handling and policy interpretation.

2026 ACA Marketplace Faces Highest Premium Increases in Five Years Due to Market Instability

The 2026 ACA marketplace anticipates the largest premium increases in five years amid market instability, tax credit expirations, and rising healthcare costs.

Federal Judge Rejects Elevance Health's Challenge to Medicare Star Ratings

A Texas federal judge has denied Elevance Health's legal challenge against CMS's Medicare Advantage star ratings, reaffirming the complex regulatory framework influencing insurers' government bonus payments.

Jasper County Man Charged with Auto Insurance Identity Fraud

Jasper County man charged with fraudulent use of identifying information to obtain auto insurance policy, emphasizing the need for stringent identity verification in insurance compliance.