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 […]

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 […]

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 […]

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 […]

California Department of Insurance welcomes Slice Insurance Technologies

California Department of Insurance welcomes Slice Insurance Technologies

(Sacramento, CA – Insurance News and Markets) – With insurance businesses using technology to change the industry, the California Department of Insurance has welcomed Slice Insurance Technologies as a surplus lines broker. This means there’s a new option for Airbnb and other homeshare hosts.  Slice offers usage based, on-demand, short term insurance. “This start-up is […]

New law on workers compensation changes definitions of excluded employees

New law on workers compensation changes definitions of excluded employees

(Sacramento, CA – Insurance News and Markets) – On Oct. 17, California Insurance Commissioner Dave Jones notified all insurance companies writing workers’ compensation policies in the state about changes to definitions of, and procedures related to, excluded employees, following the enactment of Assembly Bill 2883. Starting on Jan. 1, 2017, all business workers’ compensation insurance […]

Minnesota Commerce Department project to focus on expanding access to solar power

Minnesota Commerce Department project to focus on expanding access to solar power

(Saint Paul, MN – Insurance News and Markets) – In late October, the Minnesota Commerce Department announced funding from the U.S. Department of Energy’s Sunshot Initiative would help them to offer solar power to more Minnesota residents. “The development of renewable energy resources continues to drive economic opportunity and job growth in Minnesota. This federal […]

Hawaii announces 2017 Affordable Care Act Individual Rates

Hawaii announces 2017 Affordable Care Act Individual Rates

(Honolulu, HI – Insurance News and Markets) – On Oct. 7, The Hawaii Department of Commerce and Consumer Affairs Insurance Division released individual health plan insurance rates in the 2017 Affordable Care Act. These rates are expected to affect 41,000 people. “The Insurance Division’s approval of rates were made pursuant to the statutory requirement that […]

A workers compensation insurer owned by Berkshire Hathaway has been

A  workers compensation insurer owned by Berkshire Hathaway has been

(Sacramento, CA – Insurance News and Market) – California Insurance Commissioner Dave Jones recently announced a decision in a case involving a workers’ compensation insurer owned by Berkshire Hathaway that schemed to avoid regulatory review of rates and policy terms. The company in question, called California Insurance Company, filed a set of rates and insurance […]

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