INSURASALES

Tag: insurance regulation

Pennsylvania Prepares for Significant 2026 Health Insurance Premium Increases

Pennsylvania Insurance Department launches education tour ahead of 19% average premium hikes in the individual health insurance market for 2026, addressing rising healthcare costs and the expiration of Enhanced Premium Tax Credits.

Mississippi's Hurricane Mitigation Program Faces Funding Suspensions Amid Rising Insurance Rates

Funding suspensions stall Mississippi's Comprehensive Hurricane Damage Mitigation Program amid rising coastal insurance rates and legislative deadlock. Explore regulatory impacts and program challenges.

State Regulators Warn of Up to 55.3% Insurance Rate Hikes Amid Federal Tax Credit Expiration

State insurance regulators warn of up to 55.3% rate increases as federal tax credits end, leading to higher consumer insurance costs.

Florida Insurance Regulators Issue $2.075M in Fines Over Hurricane Claims

Florida insurance regulators fined eight companies $2.075 million for claims handling violations after Hurricanes Ian and Idalia, reinforcing market accountability amid sector recovery.

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.