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Regulatory updates, market trends, and professional insights — curated for insurance professionals.
Florida Opens Insurance Assistance Hub Just 36 Hours After Hurricane Isaias
On Sunday, October 11, Florida Chief Financial Officer Blaise Ingoglia announced the opening of the state's first Insurance Assistance Hub following the hurricane, just 36 hours after the storm made landfall in the Florida Panhandle The assistance hub opened in Destin, with representatives from 12 insurance companies participating on its first day. Additional carriers are expected to attend over the coming days.
Forbes Names America’s Best Insurance Companies for 2027. The Results Say a Lot About What Consumers Actually Want
The study looked at five different types of insurance: homeowners, renters, auto, permanent life and term life insurance. More than 3,100 U.S. insurance companies were eligible for consideration, but only 112 ultimately received recognition in at least one category. There were 45 companies recognized for homeowners insurance, 28 for renters, 37 for auto, 53 for permanent life and 32 for term life. But the rankings weren't based solely on price.
Medicare Advantage Premiums Expected to Drop 16% in 2027. But There's More to the Story.
According to a September 28 report from the Centers for Medicare & Medicaid Services (CMS) is projecting a 16.5% decrease in average Medicare Advantage premiums for 2027. The weighted average monthly premium is expected to fall from $14.37 in 2026 to $12 in 2027. CMS is also projecting a 38% decrease in the average prescription drug premium for Medicare Advantage plans that include drug coverage.
Florida Home Insurance Rates Are Finally Coming Down As Competition Returns to the Market.
After years of skyrocketing premiums, insurer withdrawals and a property insurance market that seemed to get worse every year, insurance companies are now requesting rate decreases. Some of those reductions are reaching double digits
CMS Just Canceled Coverage for 760,000 People. How We Got Here.
CMS just canceled approximately 315,000 Affordable Care Act Marketplace enrollments covering more than 760,000 people. Let that sink in for a minute. More than three-quarters of a million people were enrolled in health insurance policies that CMS and insurance companies determined were unauthorized. Those cancellations are expected to return approximately $2.2 billion in federal premium subsidies.
An Insurance Forum Question Worth Asking: When Does Regulation Stop Protecting Consumers and Start Hurting Them?
At what point does regulation stop protecting the consumer and start making insurance more expensive, more confusing and harder to sell? We don't ask that question nearly enough.
Consumers Still Want Insurance Agents. But, they Just Want Better Ones.
According to research commissioned by the Independent Insurance Agents & Brokers of America, 87% of consumers say having a human insurance agent is important when making insurance decisions. I found that interesting, not because I think technology is a threat to insurance agents, but because what consumers said next.
Health Insurance Keeps Getting More Expensive. Maybe We’re Asking the Wrong Question.
People sometimes describe America's healthcare system as a free market. I don't see much of one. Try calling a hospital and asking what an MRI costs. Then ask what your insurance company's negotiated price is. Now call another hospital and compare. This is how we shop for cars, airline tickets and almost everything else. Healthcare operates in a completely different universe
THE STATE OF THE INDEPENDENT INSURANCE AGENT 2026-2027 Industry Report
I went into this expecting to make the argument that people will eventually reject AI, and ultimately crave human interaction. I expected that to be my argument. But I left with something else... ...The question is: What does an independent insurance agent still do that has real value, and how much of that value can technology eventually replace? The answer is going to determine which agencies thrive over the next decade.