INSURASALES

Tag: insurance regulation

U.S. Insurers Face Divergent Regulatory Approaches on AI Governance

U.S. insurance regulators debate AI governance with varied approaches from NAIC principles and Colorado's rules to NCOIL's model law. Industry voices emphasize balanced oversight and innovation.

Trump Administration Launches AI-Driven Prior Authorization Pilot in Medicare

The Trump administration introduces WISeR, an AI-driven pilot program expanding prior authorization in Medicare to reduce wasteful services, raising industry and regulatory debates on care delays and oversight.

Medicare Launches AI-Driven Prior Authorization Pilot to Cut Waste

The Trump administration's Medicare pilot introduces AI-driven prior authorization to reduce waste and control costs, raising regulatory and patient care concerns.

Kansas City Life $45M Settlement Highlights Legal and Regulatory Challenges in Insurance

Kansas City Life Insurance settles $45M lawsuit over overpriced insurance claims amid broader U.S. industry legal developments involving Medicare contracts and liability claims.

Arizona AG Investigates Health Insurance Claim Denials Amid AI Concerns

Arizona Attorney General Kris Mayes investigates excessive health insurance claim denials, focusing on AI-driven denials and potential violations of consumer protection laws. Learn about the impact on patients and providers.

California Consumer Group Proposes Homeowner Insurance Rights Initiative

A new California ballot initiative proposes requiring insurers to cover fireproofed homes or face penalties, amid ongoing wildfire insurance market challenges and regulatory debates.

Praxis Reciprocal Exchange Launches as Florida-Based Reciprocal Property Insurer

Praxis Reciprocal Exchange secures regulatory approval to operate as a reciprocal property insurer in Florida, prioritizing policyholder interests and market stability.

New Legislation Targets Insurance Industry Consolidation in Healthcare

New US legislation aims to prevent insurance companies from acquiring independent health clinics, addressing rising healthcare costs and market consolidation.

Rising Claim Costs Highlight Need for Increased Auto Liability Coverage Limits

Explore the increasing inadequacy of traditional auto liability insurance limits in covering modern claim costs and the regulatory context around National Forest protections.

Florida Mandates Flood Insurance for Citizens Property Policyholders by 2027

Florida's Citizens Property Insurance mandates flood insurance for most policyholders by 2027, affecting over half a million homeowners and shifting market dynamics.