INSURASALES

Tag: regulation

Consumer Advocates Sue Over California Insurance Plan Funding Amid Wildfire Claims

Consumer advocates sue California insurance department over unauthorized emergency payments by the FAIR Plan to cover wildfire claims, arguing it unfairly burdens homeowners.

SSA Advances on GPO-WEP Benefit Recalculations, Aiding Millions

Learn how the SSA's repeal of GPO and WEP is enhancing benefits for millions, with significant progress noted in automation-led recalculations.

Minnesota Health Department Reevaluates Layoffs Amid Funding Cuts and Staffing Errors

Minnesota faces public health funding challenges, prompting a reevaluation of layoffs that initially targeted crucial roles for disease surveillance.

Minnesota Couple Charged in $15M Insurance Fraud Case

A Minnesota couple is charged with defrauding Medicare and other insurers for over $15 million, underscoring major challenges in fraud prevention within the insurance industry.

Iowa Man Charged in Elaborate Insurance Fraud Scheme Involving Staged Truck Explosion

An Iowa man faces charges for staging an accident and intentionally destroying his truck in an attempt to claim over $70,000 in insurance. This incident highlights the need for increased insurance fraud prevention.

Louisiana Auto Insurance Reform Plan Announcement

Louisiana Insurance Commissioner Tim Temple announces a new auto insurance reform plan aimed at tackling rising costs and market instability in the state. The initiative involves key industry stakeholders and is crucial for regulatory compliance.

Impact of Recent Economic Trends on U.S. Insurers

Explore how economic trends like climate change and rate cuts are impacting U.S. insurers such as Berkshire Hathaway and Chubb Limited, along with M&A prospects for 2025.

Navigating Change: Technology and Regulation in the U.S. Insurance Market

Explore how technology and regulatory shifts impact the U.S. insurance market, transforming claims processing and consumer engagement.

Scrutiny on US Health Insurers for AI-Driven Prior Authorization Delays

U.S. health insurers are under scrutiny for delays in AI-driven prior authorizations, raising concerns about regulatory compliance and patient care.

Proposed Department of Labor Regulations to Refine Health Plan Fiduciary Duties

Scholars argue for enhanced Department of Labor regulations under ERISA to improve fiduciary duties in selecting employer-sponsored health insurance, advocating for transparency and value in plan choices.