INSURASALES

Tag: insurance regulation

Florida Lawmakers End Session Without Major Insurance Reforms

Florida's 2024 legislative session ends with limited insurance reforms amid profit-shifting concerns and stalled regulatory oversight initiatives. Lawmakers plan further action next session.

Louisiana Prohibits Auto Rate Increases Solely Based on Age 65 and Older

Louisiana's new law bans auto insurers from raising rates solely because drivers turn 65, impacting premium pricing and regulatory compliance.

Florida Property Insurance Sees Rising Premiums Despite Stable Policy Counts

Florida's property insurance market shows rising premiums driven by construction and reinsurance costs despite stable policy counts following litigation reform legislation.

Disputes Rise Over Insurance Coverage of OEM Collision Repairs in U.S.

U.S. insurers increasingly dispute coverage of OEM post-collision repairs, raising safety and reimbursement issues amid growing industry conflicts.

Long-Term Care Trends Drive Growth in Hybrid Life Insurance and Legislative Action

Explore the growth of hybrid life insurance with LTC riders, state and federal LTC initiatives, and the evolving regulatory landscape shaping long-term care financing in the U.S.

Farmers Insurance Policy Cancellations Alert Senior Homeowners

Issues with unexpected cancellations of Farmers Insurance home policies affect senior clients, prompting scrutiny of insurer practices and advice on regulatory compliance and consumer actions.

Japan Proposes Mandatory Health Insurance for Tourists to Address Unpaid Medical Bills

Japan plans to implement mandatory health insurance for tourists and screen for unpaid medical bills to reduce healthcare costs and enforce fiscal responsibility. This policy change impacts insurance compliance and international travel markets.

Louisiana House Rejects Tax Credit Bill for Low-Income Homeowners Facing Insurance Hikes

Louisiana House narrowly defeats Senate Bill 235 proposing tax credits to assist low-income homeowners with rising insurance premiums amid ongoing market challenges and calls for stronger industry oversight.

Michigan Proposes Bills to Lower Auto Insurance Premiums and Ease Coverage Reinstatement

Michigan lawmakers introduce bills to reduce auto insurance premiums by 10% and eliminate reinstatement fees to lower uninsured rates and improve coverage access.

North Carolina Auto Insurance Rates Set to Rise 5% with Motorcycle Rates Falling 16.3%

North Carolina Insurance Commissioner announces a 5% average increase in auto insurance rates and a 16.3% decrease in motorcycle rates, effective October 2025, balancing market pressures and consumer protections.