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11 Dec 2023, 12:11 pm
” ( INSURANCE JOURNAL ) KS Insurers to Pay Lower Surplus Lines Tax Rate in 2024 Kansas insurance companies will start paying a lower surplus lines tax rate next year, due to legislation ( HB 2090 ) enacted in April lowering the rate from 6% to 3%. [read post]
11 Dec 2023, 12:20 am
Class-Action Suits Over Insurers’ AI Use Insurers have already been hit with lawsuits over their use of AI. [read post]
27 Nov 2023, 11:59 am
Erica Blachman Hitchings, WLC partner and health care fraud prosecutor, said to The Capitol Forum. [read post]
20 Nov 2023, 10:58 am
The Senate bill, dubbed the PACT Act 3.0, would limit out-of-pocket spending for certain asthma, diabetes and heart disease drugs by requiring insurers to eliminate deductibles and cost-sharing for one generic drug and limit co-pays for one name-brand drug. ( BOSTON HERALD , PATCH [NEW YORK CITY] , WWLP [SPRINGFIELD] , STATE NET) IL Lawmakers Take Action to Speed Up Health Worker Licensing The Illinois General Assembly unanimously approved legislation ( HB 2394 ) that would allow the… [read post]
20 Nov 2023, 3:54 am
Gavin Newsom (D) signed SB 525 and AB 1228, but vetoed SB 799, saying the state could not afford an expansion of unemployment insurance benefits. [read post]
13 Nov 2023, 3:05 am
Senate Finance Committee passed a package of healthcare reforms that would restrict some pharmacy benefit manager practices and prevent Medicare patients from paying more for medications than insurers do. [read post]
2 Nov 2023, 5:14 am
Signup to receive the Early Edition in your inbox here. [read post]
27 Oct 2023, 9:43 am
While working for Circle K Stores, Melody Smith went to a Capitol One bank located in Lafayette, Louisiana. [read post]
23 Oct 2023, 7:39 am
Michelle Sutton, attorney and lobbyist for the Capitol Resource Group, for writing many of the bill summaries that appear in this post. [read post]
20 Oct 2023, 5:23 am
Customers can choose from over 500 medications and have them delivered in under 60 minutes for no additional charge. ( CNBC ) Average Health Insurance Premium Reaches Price of New Car Employer-sponsored health insurance premiums rose an average of 7% to nearly $24,000 this year, according to a KFF survey of over 2,000 U.S. companies. [read post]
13 Oct 2023, 5:41 am
Of the 1,000 U.S. small businesses with 1 to 50 employees surveyed by Hiscox in July, only 65% had general liability coverage, 45% had property insurance, 35% had workers compensation insurance and 32% had professional liability insurance. [read post]
13 Oct 2023, 4:17 am
But critically, in exchange, the California Department of Insurance will permit insurance companies to charge consumers more. [read post]
13 Oct 2023, 2:33 am
Gavin Newsom vetoed a bill ( SB 90 ) that would have prohibited insurers from charging consumers more than $35 out of pocket for a 30-day supply of insulin. [read post]
10 Oct 2023, 8:40 am
” (Citing Save Our Capitol! [read post]
29 Sep 2023, 4:26 pm
While Congressional member and committee offices are expected to remain open, but with less staff, support offices including the Capitol Visitors Center will be closed. [read post]
29 Sep 2023, 1:56 am
With fewer people insured, there will be less money to pay providers for their services. [read post]
22 Sep 2023, 9:04 am
Homes Underpriced for Climate-Related Insurance Risk A report released last week by the First Street Foundation indicates that about 39 million homes in America—about a quarter of the total number nationwide—aren’t adequately priced for the climate risk associated with insuring them. [read post]
22 Sep 2023, 8:54 am
and AARP announced their support for legislation next year to establish upper payment limits on some prescription drugs covered by private insurance plans. [read post]
22 Sep 2023, 6:41 am
Like many other insurers, Humana was audited by the U.S. [read post]
1 Sep 2023, 10:28 am
The company, one of the nation’s largest providers of auto, home and small business insurance, said it was streamlining its organizational structure to position itself better for profitability long-term, but the layoffs come pullbacks in Florida’s and California’s homeowners insurance markets in recent months. ( INSURANCE JOURNAL ) Court Sides with Grayscale in BTC ETF Case The U.S. [read post]
