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.
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...
Commissioner Causey negotiates dwelling rate settlement with insurance companies
Insurance Commissioner Mike Causey has reached a settlement with North Carolina insurance companies regarding dwelling insurance rates. Starting October 1, 2026, there will be a 5% increase in rates, followed by another 5% increase on October 1, 2027. This is significantly lower than the 68.3% incre...
N.C. captive insurance industry marks another strong year
North Carolina's captive insurance industry had a successful year in 2025, with 21 new companies licensed. Captive insurance allows businesses to create their own insurance companies to manage risks. The state is encouraging businesses to consider North Carolina for their captive insurance needs due...
Gastonia man charged with insurance fraud
A man from Gastonia, Richard Antonio Van Davis, has been arrested for insurance fraud. He is accused of pretending to be injured in a car accident and altering medical documents to collect money from Progressive Southern Insurance. This incident happened last August, and he was arrested earlier this...
Randolph County insurance agent charged with embezzlement, forgery
An insurance agent from Randolph County, Jeffrey Martin Webster, has been arrested for embezzlement and forgery. He owned Webster Insurance Agency and is accused of taking premium payments from car sales companies but not sending the money to the insurance company. Instead, he forged insurance certi...
Commissioner Causey emphasizes need for renters’ insurance after Morrisville fire
Insurance Commissioner Mike Causey is urging all renters in North Carolina to get renters' insurance after a serious fire in Morrisville left many people injured and displaced. The fire at Camden Westwood Apartments affected six people and displaced 70 residents. It's important to know that a landlo...
Insurance Commissioner Causey to address Edenton Rotary Club on Thursday
Insurance Commissioner Mike Causey will speak about current trends in the insurance industry at the Edenton Rotary Club on Thursday, February 19. Before this event, he will also visit the Edenton Police Department. Insurance agents interested in the latest industry insights should consider attending...
Former South Salisbury firefighter charged with insurance fraud
A former firefighter from South Salisbury has been charged with insurance fraud for illegally collecting over $102,000 in disability payments. John William Myers, 52, continued to receive these benefits even after returning to work in April 2023, despite being injured during training in 2019. He is ...
Insurance Commissioner Causey, AG Jackson pen joint message to NC’s PBMs
North Carolina's Insurance Commissioner Mike Causey and Attorney General Jeff Jackson have announced new rules for Pharmacy Benefits Managers (PBMs) in the state. The SCRIPT Act, which became law in 2025, gives the North Carolina Department of Insurance more authority to regulate PBMs and investigat...
Edgecombe County man charged with insurance fraud
A man from Edgecombe County, Timothy Lamont Gunter, has been charged with insurance fraud for falsely claiming that he and two children were injured in a car accident when the vehicle was actually unoccupied. This incident occurred on September 13, 2025, and Gunter was arrested on March 3, 2026. Ins...
Protecting Californians by investigating insurance fraud for 90 years
The California Department of Insurance has updated its efforts to combat insurance fraud, which affects all Californians. Their Investigation Division investigates fraud, unlicensed activities, and misconduct by insurance professionals. Recently, they fined a licensed adjuster $10,000 and banned the...
Fall National MeetingThree State Insurance Regulators Honored with 2025 Robert Dineen AwardDec. 10, 2025
Three state insurance regulators were honored with the 2025 Robert Dineen Award during the NAIC's Fall National Meeting on December 9, 2025. The award recognizes their outstanding service in state insurance regulation. The recipients include Kevin P. Beagan from Massachusetts, Amy J. Malm from Wisco...
Tragic death uncovers alleged insurance fraud by Oxnard licensed agent
Gonzalo Lorona, a licensed insurance agent from Oxnard, has been charged with serious crimes, including insurance fraud and grand theft. He allegedly stole over $10,000 from local soccer leagues by issuing fake insurance certificates, leaving them without real coverage. This came to light after a tr...
Consumer InsightHow Do I File a Complaint Against My Insurance Company?Mar. 10, 2026
If you have a complaint about your insurance company, you can file a formal complaint with your state's Department of Insurance (DOI). This is important if you feel your insurer has treated you unfairly, such as denying a claim or not communicating properly. Before filing, try to resolve the issue d...
Department of Insurance, Consumer Watchdog, and State Farm reach settlement agreement on State Farm’s prior emergency interim rate request
The California Department of Insurance, Consumer Watchdog, and State Farm have agreed on a settlement regarding State Farm's emergency rate increase request. This agreement aims to provide financial relief to many policyholders and ensure they maintain their coverage while the insurance market stabi...
News ReleaseStatement from the National Association of Insurance Commissioners (NAIC) on AI Executive OrderDec. 16, 2025
The National Association of Insurance Commissioners (NAIC) is concerned about a new Executive Order that affects how states can regulate artificial intelligence (AI) in the insurance industry. This order could disrupt the established processes that ensure fairness and transparency in insurance, pote...