Insurance News
Regulatory updates in plain English
Stay current with the latest from CMS, state departments of insurance, NAIC, the Federal Register, and Congress — rewritten so you can actually understand what it means for your practice.
Kuderer kicks off Community Connect outreach on May 16
Washington State Insurance Commissioner Patty Kuderer is starting outreach events in Eastern Washington on May 16 to discuss home insurance issues related to wildfire risks. Many residents have expressed concerns about how these risks are affecting their insurance rates and coverage. Kuderer will at...
News ReleaseState Insurance Regulators Share Coordinated Work to Oversee Markets During Meeting with U.S. TreasuryMay. 7, 2026
State insurance regulators met with U.S. Treasury Secretary Scott Bessent to discuss how they are managing risks in the insurance market, especially regarding private credit. They emphasized their ongoing efforts to ensure that insurance companies can fulfill their commitments to policyholders. The ...
News Release(Updated) State Insurance Regulators Lead Global Conversation at 2026 NAIC International Insurance ForumMay. 7, 2026
The 2026 NAIC International Insurance Forum is taking place on May 7-8, bringing together state and international insurance regulators, policy experts, and industry professionals. This event focuses on key issues affecting the insurance sector today, such as cybersecurity, financial literacy, health...
News ReleaseState Insurance Regulators Lead Global Conversation at 2026 NAIC International Insurance ForumMay. 6, 2026
The National Association of Insurance Commissioners (NAIC) is hosting the International Insurance Forum in Washington, D.C. on May 7-8, 2026. This event brings together state and international insurance regulators, industry experts, and professionals to discuss important issues affecting the insuran...
Coming Soon: CMS to Provide $50 Monthly Access to GLP-1 Medications for Medicare Beneficiaries
Starting July 1, 2026, Medicare beneficiaries will be able to access certain GLP-1 medications for just $50 a month. This program, called the Medicare GLP-1 Bridge, will run until December 31, 2027, and aims to make these important weight-loss treatments more affordable for seniors. Eligible individ...
Commissioner King Announces Another Victory in Auto Affordability BattleMay 06, 2026
Georgia's auto insurance rates are going down! Safe Auto Choice Insurance Company has filed for a 9% reduction in private passenger auto insurance rates, which will save drivers across the state about $7.48 million. This change is part of a trend where more insurance companies are lowering their rat...
News ReleaseJeffrey C. Johnston Named NAIC Chief Executive OfficerMay. 6, 2026
The National Association of Insurance Commissioners (NAIC) has appointed Jeffrey C. Johnston as its new Chief Executive Officer, effective June 1, 2026. Johnston, who has been serving as the interim CEO, will now lead the organization that sets insurance standards in the U.S., working closely with i...
State Comptroller DiNapoli and Department of Financial Services Acting Superintendent Asrow Designate New Banking Development District to Support Community Banking in the towns of Shandaken and Olive
A new Banking Development District has been created in the towns of Shandaken and Olive to help support local community banking. This initiative is led by State Comptroller DiNapoli and Acting Superintendent Asrow from the Department of Financial Services. Insurance agents should stay informed about...
Moving Prior Authorization into the 21st Century
The prior authorization process used by health insurers is changing to make it easier for patients and healthcare providers. This process, which requires approval before treatments can be paid for, has been slow and burdensome, causing delays and extra work for providers. Starting January 1, 2026, i...
Commissioner Causey to address floodplain managers in Carteret County Tuesday
Insurance Commissioner Mike Causey will speak at the annual conference for floodplain managers in North Carolina on May 5 at 10:30 a.m. in Atlantic Beach. He will also present fire service awards later that day in Morehead City. Agents interested in flood insurance and hurricane preparedness can rea...
Kuderer fines unauthorized insurer $80,000, issues two cease-and-desist orders
Insurance Commissioner Patty Kuderer has taken action against a Yakima insurance agent and an unauthorized insurance company. Carol E. Perez, who ran Perez Insurance Inc., has had her license revoked for taking payments from clients without providing valid insurance policies. Meanwhile, Kangaroo Sec...
Commissioner Causey selects Price as senior deputy commissioner for company services
Insurance Commissioner Mike Causey has appointed Jessica Price as the new senior deputy commissioner for the Company Services Group at the Department of Insurance. This group handles financial analysis, examinations, and oversight of insurance companies. Price has 15 years of experience in insurance...
California takes legal action against State Farm after investigation finds widespread mishandling of LA wildfire claims
{ "summary": "California has taken legal action against State Farm Insurance due to serious issues with how they handled claims from the 2025 Los Angeles wildfires. An investigation revealed that State Farm delayed payments and made it difficult for policyholders to get the help they needed, affec...
Acting Superintendent Kaitlin Asrow Secures $2.25 Million Cybersecurity Settlement with Delta Dental
The Acting Superintendent, Kaitlin Asrow, has reached a settlement of $2.25 million with Delta Dental due to a cybersecurity issue. This settlement is aimed at addressing the data breach that affected many individuals. Insurance agents should stay informed about this development as it highlights the...
CMS Extends Deadlines for GENEROUS Model Applications for Drug Manufacturers and States
The Centers for Medicare & Medicaid Services (CMS) has extended the application deadlines for drug manufacturers and states interested in the GENEROUS Model, which aims to improve access to medications for Medicaid programs. Drug manufacturers now have until June 11, 2026, to apply, and states have ...
As Washington Republicans Make Life Harder and More Expensive for Working Families, Governor Hochul Continues Push for Key Budget Proposals to Make Life More Affordable for New Yorkers
Governor Hochul is working on budget proposals aimed at making life more affordable for New Yorkers. This comes as Republicans in Washington are implementing policies that are increasing costs for working families. Insurance agents should stay informed about these budget changes as they may affect t...
CMS and FDA Announce RAPID Coverage Pathway to Accelerate Patient Access to Life-Changing Medical Devices
The Centers for Medicare & Medicaid Services (CMS) and the U.S. Food and Drug Administration (FDA) have introduced a new process called the RAPID coverage pathway. This pathway aims to speed up access to certain advanced medical devices for Medicare patients by reducing bureaucratic delays. It allow...
Fighting for New Yorkers: Governor Hochul Announces $237.7 Million Recovered for New Yorkers in 2025
Governor Hochul has announced that $237.7 million has been recovered for New Yorkers in 2025. This money will help residents who have faced financial difficulties. Insurance agents should inform their clients about this recovery and how it may benefit them.