March 13, 2025

State Farm, Consumer Group Battle Ahead of Calif. Insurance Commissioner Decision

Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives and representatives of a consumer group pled their opposing cases in letters to Commissioner Ricardo Lara. News outlets in California …

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Proposed rule would bring sweeping changes to Marketplace enrollment, eligibility

In this article Open enrollment period would be shortened in all states Rule would eliminate the low-income special enrollment period Rule would eliminate enrollees’ ability to auto-renew $0-premium coverage Maximum out-of-pocket limits would increase for 2026 plans Rule would require additional documentation for enrollment and subsidy eligibility Additional rule changes A proposed federal rule issued

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AM Best Places Michigan’s Wolverine Mutual Under Review With Positive Implications

AM Best has placed under review with positive implications the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “b” (Marginal) of Wolverine Mutual Insurance Company (Wolverine) based in Dowagiac, Michigan. The Credit Ratings …

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