Tag: insurance regulation

New York Eyes Annual Insurance Reporting for Multifamily and Nonprofit Housing

New York Assembly Bill A09016 proposes annual reporting on property and liability insurance for multifamily and nonprofit housing to enhance market transparency and inform regulatory oversight.

Georgia Lawmakers Investigate High Insurance Costs Amid Fraud and Profit Concerns

Georgia lawmakers probe high insurance premiums driven by fraud, profits, and claims processing amid impacts from Hurricane Helene.

Medicare to Launch AI-Driven Prior Authorization Pilot for Traditional Procedures

The Medicare program will start an AI-driven prior authorization pilot for certain procedures in traditional Medicare, aiming to improve cost efficiency and coverage decisions. This initiative launches in six states with plans for potential expansion.

Rising Homeowners Insurance Premiums Spur State-Level Reforms in California and Florida

Homeowners insurance premiums are set to rise 8% in 2025, driving state-level reforms in California and Florida aimed at stabilizing markets impacted by natural disasters and regulatory challenges.

Understanding Percentage-Based Deductibles in Homeowners Insurance

Explore how percentage-based deductibles in homeowners insurance affect claim payouts and risk-sharing after catastrophes like hurricanes and windstorms. Understand regulatory context and market implications.

NAIC 2025 Meeting Highlights Progress in Modernizing State-Based Insurance Regulation

NAIC's 2025 Summer Meeting advances state-based insurance regulation modernization with a focus on RBC governance, reinsurance oversight, consumer protection, and regulatory clarity.

US Health Insurance Premiums Surge Amid Rising Healthcare Costs

Health insurance premiums in the US are rising rapidly due to increased healthcare costs and policy changes, impacting affordability and coverage stability.

California Insurance Market Reform Act Gains Support Amid Market Strains

Panorama Insurance Associates backs the California Insurance Market Reform Act to modernize regulation, support agents, and address rising premiums amid insurer withdrawals.

High Uninsured Rates in Missouri Tornado Zone Highlight Disaster Recovery Challenges

Missouri tornado zones show high uninsured rates; Texas floods spur active insurance outreach. NAIC anticipates FEMA shifting more disaster responsibilities to states.

Study Finds Credit Scores Heavily Influence Homeowners Insurance Premiums

A new study reveals homeowners with low credit scores pay significantly higher insurance premiums than those in high disaster risk areas, prompting calls for regulatory reforms in insurance pricing.