AGP Executive Report
Last update: 3 hours agoHealth Coverage Expansion: Connecticut’s new state law will require regulated health plans to cover activity-specific prosthetics (not just walking) and scalp cooling caps for chemotherapy, plus expanded non-medical fertility treatment—aimed at saving patients thousands. Fire Safety Push: Tennessee regulators and the state fire marshal urged residents to take simple fire-prep steps now, warning that summer complacency can be costly. Home Insurance Basics: A guide explains dwelling coverage (Coverage A) and why choosing limits based on rebuild costs—not market value—matters after covered disasters. UK Captive Overhaul: The PRA and FCA unveiled draft proposals for a first tailored UK captive regime, with a consultation running until Oct. 14 and a target launch in summer 2027. Claims & Fraud in Court: The Seventh Circuit held hacker-directed employee transfers weren’t covered under a financial institution bond’s fraud exclusions. Vehicle Theft & Premiums: Michigan warned that 2025’s 18,600+ reported vehicle thefts can drive higher premiums and urged anti-theft steps. ACA Coverage Drop: New data shows 2.6 million fewer people kept ACA marketplace coverage after enhanced subsidies expired, raising affordability concerns. Drug Costs Settlement: CVS Caremark reached an FTC settlement to curb rebate practices and count TrumpRx purchases toward deductibles. Risk From Lithium-Ion Fires: A warning highlights the growing threat of lithium-ion battery fires in roll-off dumpsters and waste hauling operations. Hurricane Preparedness: Florida’s fire marshal and CFO urged residents to prepare early for storms and avoid fraudulent contractors. Health Insurance Affordability Pressure: Iowa insurers filed for 2027 premium hikes tied to expiring federal premium tax credits, with enrollment already falling.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.