INSURASALES

Tag: regulatory review

Illinois Bill 2691 Proposes Study on Nondriving Factors in Insurance Pricing

Illinois Senate Bill 2691 mandates a study by the Department of Insurance on the impact of nondriving factors like credit scores and occupations on insurance premiums, aiming to enhance transparency and fairness in rate setting by 2027.

Pennsylvania Health Insurance Premiums Set for Significant Increase in 2026

Pennsylvania insurance carriers propose average 19% premium hikes for ACA plans in 2026 amid expiring federal tax credits. State review ongoing; public comment open through Sept. 2.

Maine Health Insurance Rates Could Increase Up to 32% in 2026 Amid Rising Costs

Maine faces proposed health insurance rate increases up to 32% in 2026 driven by rising drug costs, limited competition, Medicaid changes, and expiring premium tax credits.