INSURASALES

Tag: regulatory

UnitedHealth CEO Addresses Earnings Miss Amid Rising Medicare Advantage Costs

UnitedHealth Group's CEO responds to Q1 earnings miss driven by Medicare Advantage medical cost surges and DOJ scrutiny, outlining reforms to manage rising care expenses and rebuild investor confidence.

CVS Exits ACA Market, Boosts Wegovy Access After Strong Q1 Earnings

CVS Health announces exit from individual ACA plans and expands Wegovy access amid strong Q1 earnings, signaling strategic focus on higher-margin healthcare segments.

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.

Admiral Group to Sell U.S. Elephant Auto Insurance to J.C. Flowers

Admiral Group PLC agrees to sell U.S. motor insurance brand Elephant Insurance to J.C. Flowers & Co., shifting ownership to the U.S. with growth and profitability gains.

North Carolina Insurance Regulators Secure Millions in Refunds and Fines

Discover how North Carolina’s Market Regulation Division ensures insurance compliance and protects consumers, securing millions in refunds and regulatory fines.

Alabama Debates Health Plan Bill for Farmers with Consumer Protection Concerns

Alabama's House Bill 477, if passed, could change health insurance landscape for farmers by allowing ALFA to offer specialized plans, albeit with significant consumer protection concerns.

Florida's Insurance Market Faces Challenges and Changes

Exploring the significant changes in Florida's insurance market due to legal reforms like House Bill 837, and the potential risks posed by the proposed House Bill 1551.

Kaleido Life Innovates with Early Benefit Life Insurance Model

Kaleido Life, a pioneering InsurTech startup, is transforming life insurance by providing early access to benefits, aimed at engaging underinsured demographics.

Montgomery County Agent Charged with Fraud Over Fake Life Insurance Policies

Dennis Wright, a Montgomery County insurance agent, faces charges for creating fraudulent life insurance policies to gain over $600,000 in commissions, indicating a major breach in industry trust and regulatory compliance.

Washington State Advances Bill to Compensate Striking Workers for Shorter Period

Washington State's Senate Bill 5041 could change employer liabilities for striking workers, reducing paid unemployment from twelve to four weeks. Insurance and employment law implications are significant.