Delaware Insurance Department releases 2017 health insurance rates

Delaware Insurance Department releases 2017 health insurance rates

(Dover, DE – Insurance News and Markets) – On Oct. 6, Delaware Insurance Commissioner Karen Weldin Stewart released the state’s  Qualified Health Plan average rates for 2017. She recommended approval of a 32.5 percent average rate increase in the individual market for Highmark Blue Cross Blue Shield of Delaware. The approved average rate increase for […]

Missouri releases 2018 health insurance rates

Missouri releases 2018 health insurance rates

(Jefferson City, MO – Insurance News and Markets) – Missouri residents can now get a glimpse at the 2018 health insurance rates in the state. State Insurance Director Chlora Lindley-Myers announced the frel9ease of these rates, the first under the health insurance  rate review p0assed in 2016, on Sept. 1   “While our review process is […]

California Insurance Commissioner praises veto of worker’s comp insurer legislation

California Insurance Commissioner praises veto of worker’s comp insurer legislation

(Sacramento, CA – Insurance News and Markets) – In October, California Insurance Commissioner Dave Jones had positive words to say for Governor Brown regarding his veto of Assembly Bill 1922. Assembly Bill 1922 would have decreased transparency and weakened protections for businesses of all sizes. It would have eroded recently updated California Department of Insurance […]

Realtors alarmed at upcoming expiration of the National Flood Insurance Program

Realtors alarmed at upcoming expiration of the National Flood Insurance Program

(Washington, WA – Insurance News and Markets) – In July, the National Association of Realtors reached an agreement with the U.S. House Financial Services Committee on key legislation to reauthorize and reform the NFIP with modifications to retain grandfathering and reduce rate increases. NAR President William E. Brown, founder of Investment Properties, issued a statement […]

Sanford Health Plan ordered to pay more than $20,000

Sanford Health Plan ordered to pay more than $20,000

(Bismarck, ND – Insurance News and Markets) – In late June, North Dakota Insurance Commissioner Adam Hamm announced disciplinary action against Sanford Health Plan. A consent order issued last month issues more than a dozen ads for Medicare supplement insurance products that the company did not file with the Department of Insurance over a five […]

Michigan sees strong insurers participation in the 2018 Marketplace

Michigan sees strong insurers participation in the 2018 Marketplace

(Lansing, MI – Insurance News and Markets) – On Sept. 1, the Michigan Department of Insurance and Financial Services (DIFS) announced that consumers will continue to have a choice of many insurers offering health insurance through the Marketplace for the 2018 plan year. “Despite the uncertainty at the federal level, Michigan still has a number […]

Connecticut cardiologist charged with insider trading

Connecticut cardiologist charged with insider trading

(Washington, D.C. – Insurance News and Markets) – On Aug. 4, the Securities and Exchange Commission today charged Dr. Edward Kosinksi, a cardiologist from Weston, Connecticut, with insider trading on confidential developments as he worked on a clinical drug trial. The SEC alleges that Dr. Edward Kosinski of Weston, Connecticut, traded in advance of two […]

Second quarter usual weekly earnings report

Second quarter usual weekly earnings report

(Washington, DC – Insurance News and Markets) – The country’s 113.4 million full-time wage and salary workers earned an average of $859 in the second quarter of 2017 (based on data that is not seasonally adjusted), the U.S. Bureau of Labor Statistics reported on July 19. This is just over four percent higher than in […]

Missouri insurance regulators resolve United Healthcare dispute

Missouri insurance regulators resolve United Healthcare dispute

(Jefferson City, MO – Insurance News and Markets) – The Missouri Department of Insurance has reached an agreement with United Healthcare Insurance Company, All Savers Insurnace Company and United Healthcare Life Insurance Company following investigation of claims that the companies restricted access to medical providers by requiring referrals before an individual could get treatment from […]

Airline satisfaction ratings increasing, despite bad publicity

Airline satisfaction ratings increasing, despite bad publicity

(Costa Mesa, CA – Insurance News and Markets) – The JD Power 2017 North American Airline Satisfaction Study showed something that some might find surprising: overall satisfaction with airlines is increasing. Some factors that are helping this situation include lower fares, better on-time performance, and fewer lost bags. The trend is now in its fifth […]