Legacy mindset holding insurers back on implementing AI, expert says
An industry expert says while some insurers have implemented individual use-cases for AI, many still struggle to see a bigger-picture view.
An industry expert says while some insurers have implemented individual use-cases for AI, many still struggle to see a bigger-picture view.
Corebridge Financial has a deal with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion.
Senate Parliamentarian Elizabeth MacDonough struck out against the major Medicaid provisions in the “big beautiful bill,” warning senators that bill’s passage may be at risk.
The court ruled in favor of South Carolina over its effort to defund Planned Parenthood, concluding that individual Medicaid patients cannot sue to enforce their right to pick a medical provider.
Legislative and regulatory changes affecting health plans are happening fast and furious as a new administration reaches its six-month mark.
A coalition of Iowa business interests are suing the state to stop a law restricting pharmacy benefit managers (PBMs).
The missing link in long-term care planning isn’t only about products or strategies, it’s about people’s mindsets.
Health insurers pledged to streamline and improve the prior authorization processes for Medicare Advantage, Medicaid, Affordable Care Act marketplace and commercial plans covering nearly eight out of 10 Americans.
While most first-generation advisors are unprepared to make the succession handoff, next-gen advisors are growing frustrated enough to leave.
New Jersey Department of Labor and Workforce Development officials are reviving the “ABC Test” for independent contractor status.
The National Association of Insurance and Financial Advisors has always stood firmly behind the professionals who power Main Street, many of whom operate as independent contractors.
Nearly 400 independent rural hospitals in the U.S. could be pushed to the brink of closure if the Senate passes the budget reconciliation bill, according to a report from Families USA.
After battling with regulators in Utah and South Carolina for much of the past 18 months, Advantage Capital and its…
The insurance industry is on the verge of a monumental shift, driven by the integration of blockchain technology and smart contracts.
The Centers for Medicare and Medicaid Services is adjusting agent compensation for Medicare Advantage upward, representing the largest MA increase in broker compensation in years.
An Indiana woman suing NLV Financial Corp. and two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% is tacking on state claims in an amended complaint.
As artificial intelligence remains a hot-button topic in insurance, one expert shares insights on best practices for adopting and scaling AI.
In the world of life insurance, guarantees have reigned supreme. But new research suggests flexibility also may be highly valued.
Long-term care insurance doesn’t benefit only the policyholder – it also benefits the family caregiver at a time when that caregiver needs help.