Don’t chase insurance companies out of Florida

[ad_1] Do I wish my property insurance rates were lower? Yes. Do I love my insurance company? Not necessarily. Do I recognize all the complexities involved in Florida’s property insurance market? Indeed. In recent years, many Florida homeowners have faced escalating insurance premiums and dwindling coverage options. While some narratives suggest that insurers are unjustly…

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AG Bonta Announces $1.3 Million Settlement Against Companies Over Sham Health Insurance Plans

OAKLAND, March 14, 2025 — California Attorney General Rob Bonta today announced a $1.3 million settlement with Sedera, Inc. (Sedera) and Sedera Medical Cost Sharing Community, LLC (SMC) to resolve allegations that they violated California law by advertising and selling sham health insurance plans to over two thousand Californians. In addition, the settlement resolves allegations…

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A Navy veteran and his wife say Tricare rescinded approvals for over $100K in health care claims paid years ago

A Navy veteran and his wife said they were blindsided when Tricare, the military’s health care program, rescinded over $100,000 in medical claims it had approved and paid several years ago.  Harve Smith, 71, received a $470 bill in January for dermatologist visits in 2020. He thought it was a one-off error until he discovered…

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Lawmakers Debate Overhaul Of Attorney Fees In Home Insurance Lawsuits | 99.1 WQIK

[ad_1] FLORIDA – Florida legislators are once again debating the rules surrounding legal fees in property insurance disputes, reigniting a battle over whether homeowners should have greater power to challenge insurance companies in court. The House Civil Justice & Claims Subcommittee voted 16-1 on Thursday to advance HB 1551, a bill that could reverse a…

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Florida House Speaker calls for hearings amid property insurance profits report

[ad_1] Florida House Speaker Daniel Perez called for hearings to investigate a report made public by the Tampa Bay Times last month that suggests property insurance companies misled the legislature that they were financially struggling. The claims of financial struggle came two years ago when the insurance industry was lobbying for legislation that made it…

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GOP blames immigrant health care as Medi-Cal costs increase

In summary California is spending more than it expected on Medi-Cal and Republican lawmakers are pointing to coverage expansions that benefited immigrant households. Welcome to CalMatters, the only nonprofit newsroom devoted solely to covering issues that affect all Californians. Sign up for WhatMatters to receive the latest news and commentary on the most important issues in the…

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Lawmakers seek to lower Vermont hospital costs, strengthen health care regulator

Members of the Senate Health and Welfare Committee listen to testimony at the Statehouse in Montpelier on Friday, March 14, 2025. Photo by Glenn Russell/VTDigger Vermont lawmakers are seeking to implement new oversight measures on hospitals and limit how much they could charge for care, proposals that would significantly change how the state’s largest health…

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Rising annuity sales driving demand for shorter-duration assets – AllianceBernstein

[ad_1] “Traditionally, investing assets on behalf of insurance companies was a relatively straightforward matter of matching assets and liabilities. Now, not only are insurers looking to invest in higher-yielding private asset assets, it also makes sense for them to invest more in equity or equity-like structures,” Zhu said, pointing to a recent investment in a…

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