The Medicare annual enrollment period (AEP) is a critical time for insurance organizations, as millions of beneficiaries seek the best Medicare Advantage plans to suit their needs. With the number of enrollees increasing each year, the pressure on insurance companies to manage this influx
The Prudential Regulation Authority (PRA) has proposed new regulations requiring large British life insurers to report their liquidity positions daily during market crises. This move comes in response to the information gaps identified during financial turmoil triggered by the global COVID-19
In a significant shift for California's insurance market, Farmers Insurance has announced it will resume offering multiple types of policies after a period of limiting new contracts and halting several insurance lines. This change comes as Farmers aims to ease the ongoing insurance crisis in
Farmers Insurance has announced a significant expansion of its coverage options in California, marking a positive shift in the state's insurance market. This decision comes in light of substantial regulatory challenges and wildfire losses that previously led to market instability and increased
The recent regulatory roundup highlights various state-level legislative and compliance actions within the insurance sector across the United States, emphasizing insurance fraud, new regulatory initiatives, and significant compliance-related fines. This comprehensive summary aims to outline the key
A groundbreaking legislative package signed by Governor Kathy Hochul aims to expand health insurance coverage for pregnant individuals in New York, marking a significant shift in the landscape of maternal health care. This new legislation mandates that health insurance plans must now enroll
