INSURASALES

Tag: legislation

House Passes Tax Reform Bill Extending Key Provisions for Insurance Agencies

The House approved a tax reform bill making permanent key 2017 TCJA deductions important to independent insurance agencies, including an increased Section 199A income deduction rate.

Texas Moves to Ban Hemp-Derived THC Consumables, Weighs Regulation and Market Impact

Texas is set to ban hemp-derived THC consumables like gummies and edibles, excluding non-intoxicating CBD and CBG products, amid market and regulatory concerns. The move impacts an $8 billion industry, reflecting ongoing challenges in hemp product oversight.

Louisiana Bill Seeks to Limit Auto Injury Claims by Undocumented Immigrants

Louisiana legislature advances bill to restrict auto accident injury claims payouts to undocumented immigrants, influencing insurance claims and regulatory compliance.

Bridge to Medicaid Act Targets Coverage Gap in Alabama and Other Non-Expansion States

The Bridge to Medicaid Act proposes temporary premium subsidies to close the Medicaid coverage gap for over 100,000 Alabamians in non-expansion states, enhancing access to affordable healthcare starting in 2026.

Colorado Legislative Session Ends with Key Insurance-Related Regulatory Advances

Summary of Colorado's 2025 legislative session highlighting ride-hailing safety regulations, failed AI delays, expanded anti-discrimination protections, IVF law changes, and implications for insurance professionals.

SMART Health Care Act Targets Medicare Abuse & Hospital Overbilling

Rep. Spartz introduces the SMART Health Care Act to reduce Medicare and Medicaid waste, address hospital overbilling, enhance rural healthcare access, and reform the 340B drug program.

Alabama Approves Unique Health Plans for Farmers Amid Insurance Challenges

Alabama passes House Bill 477 enabling Alabama Farmers Federation to sell exclusive health care plans to members, addressing insurance affordability challenges in the agriculture sector.

Texas Moves to Tighten Regulation on Property Insurance Rate Increases

Texas legislators propose a bill requiring insurers to get state approval before raising homeowners insurance rates, responding to rising premiums linked to natural disasters. The bill aims to replace the file-and-use system with stricter regulatory oversight.

Colorado Enacts Law to Protect Preventive Health Coverage Amid Federal Uncertainty

Colorado passes SB25-196 to secure preventive health insurance coverage if federal protections are repealed, ensuring continued access to no-cost services amid ACA legal challenges.

LABI Advances Strategic Insurance, Infrastructure, and Workforce Initiatives in Louisiana

LABI leads 2024 Louisiana legislative session pushing insurance reform, carbon capture support, early education funding and infrastructure overhaul to boost state's economy.