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.
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...
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...
Multiple family members arraigned in coordinated auto insurance fraud scheme
Three individuals from Pasadena, California, have been charged with felony insurance fraud for allegedly staging a car accident to collect nearly $39,000 in insurance payouts. The accused, Sarkis Dishchyan, Ani Suzie Labbad, and Violett Lara Labbad, are accused of orchestrating a collision involving...
Formerly licensed Orange County insurance agent arraigned on grand theft and embezzlement charges
Andre De Gazon, a former insurance agent from Bellflower, has been charged with grand theft and embezzlement after allegedly stealing over $100,000 in insurance premiums from clients. He failed to forward these payments to the insurance companies, putting his clients at risk of losing their coverage...
News ReleaseNAIC Releases 2022/2023 Auto Insurance Database ReportFeb. 13, 2026
The National Association of Insurance Commissioners (NAIC) has published the 2022/2023 Auto Insurance Database Report, which provides updated information on auto insurance costs across the U.S. The report shows that the average premium for auto insurance increased by 14.42% from 2022 to 2023, reachi...
News Release‘McCarran-Ferguson Restoration Act’ Reaffirms State-Based Insurance RegulationJan. 16, 2026
The McCarran-Ferguson Restoration Act has been introduced, which confirms that states will continue to be the main regulators of insurance in the U.S. This new law eliminates the Federal Insurance Office, which was created in 2010, and establishes a new position called the U.S. Insurance Representat...
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...
Acting Superintendent Kaitlin Asrow Announces Jericho Share to Cease Operations in New York for Selling Unlicensed Health Insurance Plans
Jericho Share, a company selling health insurance plans, has been ordered to stop its operations in New York because it was selling these plans without a proper license. This affects anyone who may have purchased health insurance from Jericho Share in New York. Agents should ensure their clients are...
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...
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...