INSURASALES

Tag: regulatory

Great Lakes Region Sees Spike in Wildlife-Vehicle Collisions Post-Daylight Saving

Wildlife-vehicle collisions rise 16% post-daylight saving in Great Lakes states. Michigan leads infrastructure efforts funded by federal grants to reduce accidents and insurance claims.

FirstMedicare Direct to Exit Medicare Advantage Market, Impacting 6,000 Members

FirstMedicare Direct will close operations by end of 2025, affecting 6,000 Medicare Advantage members. This exit highlights challenges in the Medicare Advantage insurance market.

Ballad Health Files Lawsuit Against UnitedHealth Over Medicare Advantage Care Denials

Ballad Health sues UnitedHealth Group over alleged Medicare Advantage care denials, coding practices, and reimbursement disputes impacting rural healthcare and insurance contracts.

California Medical Insurance Fraud Scheme Uncovered Involving Patient Identity Theft

California authorities uncovered a medical insurance fraud scheme involving stolen patient identities and false claims, with losses exceeding $10,000. The case highlights ongoing regulatory efforts to combat insurance fraud in the healthcare sector.

Arkansas Jury Rules for Plaintiffs in Auto Insurance Underpayment Class Action

An Arkansas jury has sided with plaintiffs in a class action against a car insurer accused of underpaying claims, highlighting regulatory and compliance issues in the auto insurance sector.

Insurance Prior Authorization Delays Threaten Cancer Care Outcomes

Prior authorization delays in insurance are impacting cancer care delivery, prompting calls for reform to eliminate administrative barriers and improve patient outcomes.

CFA Calls for Comprehensive Study of Rising Property Insurance Costs in Montana

The Consumer Federation of America urges Montana lawmakers to conduct a full study on rising property insurance costs, causes, and solutions affecting all market segments including renters and mobile homes.

ZestyAI Secures $15M Credit Facility to Expand AI Risk Analytics in P&C Insurance

ZestyAI secures $15 million credit facility to accelerate AI-driven property and climate risk analytics in U.S. property and casualty insurance, enhancing underwriting and regulatory compliance.

Insurance Pullbacks in Disaster-Prone Areas Threaten Homeowner Coverage

Insurance companies are retreating from wildfire and hurricane-prone areas, causing rising premiums and fewer coverage options for homeowners. This shift challenges mortgage lending and exposes growing risks in disaster-prone U.S. regions.

Expiring Health Care Tax Credit Threatens Insurance Affordability for Millions

The imminent expiration of the enhanced health care premium tax credit poses significant risks to insurance affordability and coverage continuity for millions of Americans, especially those with chronic health conditions. Legislative action is critical to prevent premium hikes and coverage loss.