The California FAIR Plan proposes a 35.8% average premium increase, with hikes up to 50.9% in fire-prone areas, impacting Santa Cruz County homeowners. Insurance professionals should monitor regulatory review and market implications.
Kansas City Life Insurance settles $45M lawsuit over overpriced insurance claims amid broader U.S. industry legal developments involving Medicare contracts and liability claims.
Florida's Citizens Property Insurance Corp. sheds nearly 200,000 policies as private insurers expand, marking lowest policy levels since 2021. Depopulation program and regulatory reforms drive market shift amid hurricane risk.
Florida's automatic increase in the Hurricane Catastrophe Fund retention contributes to higher homeowners insurance premiums by driving up reinsurance costs. Resetting the retention threshold could lower premiums and improve market stability.
Explore detailed insights on Mississippi car insurance rates in 2024. Learn how age, credit, and driving history affect premiums and discover leading providers like State Farm, USAA, and Allstate.
Connecticut regulators seek to adjust the moratorium on PHL Variable Insurance Co. policies, proposing more flexible benefits distribution amid ongoing financial rehabilitation efforts.
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.
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.
The Trump administration's Medicare pilot introduces AI-driven prior authorization to reduce waste and control costs, raising regulatory and patient care 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.
