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.
Governor Hochul Announces New Nation-Leading Regulation to Establish Comprehensive Consumer Protections For Buy Now, Pay Later Loans
Governor Hochul has introduced new rules to protect consumers who use Buy Now, Pay Later loans. This regulation aims to ensure that borrowers have clear information about their loans and can make informed decisions. Insurance agents should be aware of these changes as they may impact clients who use...
Governor Hochul Launches Public Awareness Campaign to Educate New Yorkers on Access to Behavioral Health Treatment
Governor Hochul has started a new campaign to help New Yorkers understand how to access mental health treatment. This initiative is aimed at making sure people know their options for getting help with behavioral health issues. Insurance agents should inform their clients about these resources and en...
Lower Costs, Better Transit: Governor Hochul Announces that Auto Insurance Reform Would Save MTA Nearly $50 Million Annually
Governor Hochul has announced a new auto insurance reform that is expected to save the Metropolitan Transportation Authority (MTA) about $50 million each year. This change will help reduce costs for the MTA, which can improve public transit services. Insurance agents should stay informed about these...
Money in Your Pockets: Governor Hochul Highlights Proposals to Bring Down Costs of Auto Insurance Rates and Tackle Fraudulent Claims
Governor Hochul has announced new proposals aimed at reducing auto insurance rates and addressing fraudulent claims. These changes will impact drivers and insurance companies in New York. Agents should stay informed about these proposals as they may affect pricing and claims processes in the near fu...