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As the insurance crisis deepens in the West and across the country, policies known as surplus lines are becoming more important. This lightly regulated and previously niche corner of the insurance market comes with a number of risks, and a new report from Climate Cabinet Education offers policy recommendations.
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The two companies offering plans in Wyoming are asking to increase monthly premium rates by 9 to 25%.
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Insurance regulation is complex, in part, because it’s done state-by-state, meaning there are dozens of different schemes across the country.
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U.S. Department of Health and Human Services Secretary Kathleen Sebelius says proposed increases in health insurance premiums for customers in in Wyoming…