INSURASALES

Tag: insurance regulation

New Legislation Targets Insurance Industry Consolidation in Healthcare

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.

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.

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.

Florida Property Insurance Reforms Face Challenges Amid Rising Claim Denials

Florida's 2022 property insurance reforms have not reduced claim denials or lawsuits, leaving homeowners with higher costs. Regulatory fines and ongoing investigations target insurers' compliance amid rising hurricane-related claims.

U.S. Auto Insurance Rate Increases Slow in 2025 Amid Market Stabilization

Auto insurance premium increases in the U.S. slowed significantly in 2025, driven by improved insurer profitability, fewer claims, and stabilized repair costs. State differences remain key factors.

Delaware ACA Premiums Face Sharp Increases Amid Rising Costs and Subsidy Uncertainty

Delaware's ACA marketplace shows proposed premium hikes exceeding 30% for 2026, driven by rising healthcare costs and uncertain federal subsidies. Insurer filings and state data reveal impacts on affordability and regulatory efforts.

Alberta Premier Signals Auto Insurance Reform with Public Insurance as Backup

Alberta Premier Danielle Smith plans a 2027 auto insurance overhaul to reduce premiums by limiting lawsuits, with public insurance as a potential fallback amid insurer pressures.

North Carolina Flood Risk Updates Highlight Insurance Market Challenges

North Carolina's updated flood risk data and evolving storm patterns present challenges and opportunities for flood insurance markets and risk management strategies.