Laws & Regulations

Oregon Regulators Cut Proposed Health Insurance Rate Increases
Regulatory & Compliance Oregon Regulators Cut Proposed Health Insurance Rate Increases

Oregon regulators have recently made a significant decision to reduce the proposed health insurance rate increases for the upcoming year. This move, which has been spearheaded by the Oregon Department of Consumer and Business Services (DCBS), promises to bring some relief to individuals and small

Cresso Health Debuts with Cypress Ridge Capital's Strategic Investment
Startups & Investments Cresso Health Debuts with Cypress Ridge Capital's Strategic Investment

Cresso Health, a technology-driven provider of sales and marketing solutions for health insurance carriers, has officially launched, targeting primarily the government-sponsored health insurance market. Co-founded by industry experts Frank Pistone, Mike Bully, and Gabe Tovar, Cresso Health aims to

Congress Democrats Demand NAIC Update on Insurance Climate Risks
Regulatory & Compliance Congress Democrats Demand NAIC Update on Insurance Climate Risks

The insurance industry is under increasing scrutiny from Congressional Democrats, who are urging swift action to incorporate climate-related risks into regulatory frameworks. This move reflects a heightened awareness of the profound economic and societal impacts of climate change and aims to

Will Florida Approve Citizens Property Insurance's Rate Hike Proposal?
Regulatory & Compliance Will Florida Approve Citizens Property Insurance's Rate Hike Proposal?

The Florida Office of Insurance Regulation (OIR) will host a public hearing on August 1st to evaluate a proposal by Citizens Property Insurance Corp. for increasing insurance rates by 2025. Specifically, Citizens is advocating for a notable average increase of 13.5% for homeowners

Doherty Presses Irish Government to Back Insurance Cost Reduction Bill
Regulatory & Compliance Doherty Presses Irish Government to Back Insurance Cost Reduction Bill

Donegal Deputy Pearse Doherty continues his persistent effort to urge the Irish Government to commit to supporting his proposed insurance legislation, which aims to reduce costs for consumers through mandated savings transfers from insurance companies to their customers. Originally introduced to

Can the Insurance Industry Keep Up with AI-Driven Fraud Tactics?
Data Analytics Can the Insurance Industry Keep Up with AI-Driven Fraud Tactics?

The insurance sector is increasingly grappling with the growing challenge of combating fraud facilitated by advancing artificial intelligence (AI) technologies. The issue has intensified as sophisticated AI tools have made it easier for fraudsters to create deepfakes and fake images that deceive

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