Republican senator on Medicaid cuts: "We all are going to die"

[ad_1] Kuderer also raised concerns about proposed federal cuts to FEMA, NOAA, and the National Flood Insurance Program, which she said could increase risk for consumers. Additionally, she warned that letting health insurance premium tax credits expire could result in 80,000 Washingtonians losing coverage and destabilize the individual market. [ad_2] Source link

[ad_1] The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow insurers to factor in future climate risks when setting rates. However, these regulations have yet to take full effect, leaving insurers frustrated with a system that, they argue, does not allow them to charge premiums that reflect actual…

[ad_1] During his tenure, Falvey established and led the company’s legal department, overseeing matters related to underwriting, loss prevention, claims recoveries, and regulatory compliance. He also developed Falvey’s legal internship program, supporting the firm’s engagement with legal education and talent development.  [ad_2] Source link

[ad_1] Testifying before the Senate Committee on Banking, Housing, and Urban Affairs, Robert Gordon, senior vice president of policy, research, and international at the American Property Casualty Insurance Association (APCIA), outlined how legal system abuse and excessive litigation have added financial pressure to the insurance sector.  [ad_2] Source link

[ad_1] In 2014, Siino moved and attempted to update her address with Foresters, but the request was rejected because she failed to sign the change-of-address form. Her husband, however, successfully updated his address and continued to receive policy notices. As a result, Siino stopped receiving annual premium notices after her move. [ad_2] Source link

[ad_1] It wasn’t the first time that catastrophe struck during the month [ad_2] Source link