Insurance Tips and Guides

People Moves: SAN Names Sakraida Regional VP; Washington Named Pro-Praxis VP

Satellite Agency Network Group, Inc. (SAN), headquartered in Hampton, New Hampshire, appointed Michael Sakraida as regional vice president for Massachusetts, New Hampshire and Maine. With more than 15 years of experience in the insurance industry, Sakraida most recently served as …

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Maryland Regulator Settles Long-Running Dispute With Erie Insurance Over Discrimination Claims

Maryland’s insurance regulator has settled a long-running dispute with Erie Insurance Group over the insurer’s practices involving some urban agents and their insureds. The Maryland Insurance Administration said its market conduct examination that was actually conducted four years ago uncovered …

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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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