INSURASALES

Tag: regulatory

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.

GOP Provision Blocks ACA Funds for Abortion-Covering State Health Plans

A GOP tax provision blocks ACA funds from states covering abortion in health plans, pressuring states like New York to choose between abortion access and federal healthcare funding.

Auto Loan Delinquencies Rise to 1.4% in Q1, TransUnion Reports

TransUnion reports an increase in consumers 60+ days behind on car payments to 1.4% in Q1, indicating rising auto loan delinquencies and potential insurance risk implications.

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.