May 6, 2025 Partnership formed to confront rise in illness, premature death in young Americans GoMo Health and ICSL join forces to help insurers better support policyholders before they become critically ill.
May 5, 2025 Hawaii resolution targets oil, gas firms to recoup rising insurance costs The Hawaii Legislature adopts a resolution urging property insurers to sue oil and gas firms to recoup the cost of rising insurance premiums.
May 5, 2025 DOJ joins lawsuit against major carriers alleging Medicare kickback scheme Federal prosecutors have accused 3 of the country’s biggest health insurers of taking part in a kickback scheme allegedly defrauded Medicare.
May 2, 2025 Cigna reports strong Q1, completes Medicare divestiture The Cigna Group reported a strong start to the year, with first-quarter 2025 revenues rising 14% to $65.5 billion.
May 2, 2025 CVS reports strong Q1 earnings, will exit Aetna’s ACA plans CVS Health Corp. reported a strong start to 2025, with first-quarter revenue climbing 7%, driven by growth across all business segments.
April 29, 2025 Lawsuits target top 25 Calif. insurance carriers, allege wildfire coverage collusion Two lawsuits filed on behalf of property owners impacted by California wildfires allege the companie colluded to limit coverage.
April 24, 2025 After slow period, insurance brokerage M&A’s come roaring back After a rocky stretch and a bit of pandemic-era belt-tightening, the insurance brokerage world came roaring back to life in 2024.
April 22, 2025 Flood risk rises as coverage declines in KY, TN & WV Millions of residents in Kentucky, West Virginia, and Tennessee face growing flood risk while their insurance participation is plummeting.
April 22, 2025 Despite Medicaid pressures, Elevance reports strong Q1 earnings Elevance Health Inc. reported strong first quarter 2025 earnings Tuesday with operating revenue rising 15.4% year-over-year to $48.8 billion.
April 21, 2025 Tariffs hit auto repair costs hard, add uncertainty, say experts The Trump administration’s sweeping tariffs on imported goods is perhaps impacting the automotive and insurance industries like no other.
April 11, 2025 Louisiana governor takes aim at state’s insurance ‘crisis’ Louisiana Gov. Jeff Landry this week outlined proposals to lower state auto insurance premiums, which are among the highest in the nation.
April 9, 2025 Following State Farm’s lead, insurers expected to seek rate hikes due to LA fires Following an emergency rate hike for State Farm Insurance in the wake of the LA wildfires, other insurers are expected to seek rate hikes.
April 8, 2025 Entitlement programs will survive, but likely at a cost, experts say Experts say, despite fears, entitlement programs –Social Security, Medicaid and Medicare – will survive largely intact, but likely at a cost.
April 3, 2025 CFA official calls homeowners insurance crisis ‘unprecedented’ The director of insurance for the Consumer Federation of America, saying homeowners insurance is in “crisis,” calls for policy change.
April 2, 2025 Anthem BCBS of NY seeks dismissal in ‘ghost network’ case Accused of crafting a “ghost network” of doctors, Anthem BCBS of NY says the case is a matter of federal, and not state, jurisdiction.
April 1, 2025 Premium financing: A two-edged sword? In the right hands, premium financing is a powerful tool; misused, it’s led to dozens of major lawsuits and financial losses.
March 29, 2025 As number of wildfires explode, expert says mitigation is possible The growth of destructive wildfires is a sign that their frequency and intensity has become the “new normal.”
March 29, 2025 Supplemental health startup breaks new ground with wide coverage, quick cash payouts Startup Ansel Health has carved a niche in the supplemental health insurance space in its effort to provide a better way.
March 28, 2025 Goldman Sachs survey identifies top threats to insurer investments While inflation once again topped the list of concerns among insurers, a Goldman Sachs survey found other top concerns.
March 19, 2025 Vandalism may drive up insurance costs for Teslas Tesla owners may face increasing auto insurance premiums due to rising reports of vandalism directed at Tesla CEO Elon Musk.