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Top Stories

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June 30, 2025
Robotic spiders crawling over a digial globe. A major international cybercrime organization known as Scattered Spider is setting its sights squarely on the insurance industry.

Ex-FBI agent warns insurers: Beware ‘Scattered Spider’ cyber attacks

A major international cybercrime organization known as Scattered Spider is setting its sights squarely on the insurance industry.

June 30, 2025
Image shows a skill and the NAIC logo
Regulators and actuaries are considering a data change in future mortality scales.

Actuaries seek better data on troubling age 80+ mortality trend

Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.

June 27, 2025
Image of the Supreme Court with he words "ACA Preventive Services." Supreme-Court-upholds-ACA-preventive-services-requirement
Supreme Court-upholds ACA preventive services requirement.

Supreme Court preserves key part of the ACA

The Supreme Court ruled Friday that an Affordable Care Act provision requiring insurers to cover certain preventive care is constitutional.

June 27, 2025
Photo illustration of robot with cobwebs. Legacy mindset holding insurers back on AI, expert says.

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.

June 26, 2025
Medicaid cuts are in doubt after a ruling from the Senate parliamentarian.

Parliamentarian rejects Medicaid provisions in ‘big beautiful bill’

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.

June 26, 2025
Imapge of the U.S. Supreme Court building with the Planned Parenthood logo overlaying. Supreme Court allows Medicaid cuts to Planned Parenthood.
Supreme Court allows Medicaid cuts to Planned Parenthood.

Supreme Court allows Medicaid cuts to Planned Parenthood

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.

June 26, 2025
Image shows the Iowa flag
The Iowa Association of Business and Industry and four plaintiffs have filed a lawsuit over a law restricting pharmacy benefit managers (PBMs).

Iowa business groups file lawsuit to stop state PBM law

A coalition of Iowa business interests are suing the state to stop a law restricting pharmacy benefit managers (PBMs).

June 25, 2025

Health insurers tell HHS, CMS they’ll fix prior authorization system

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.

June 25, 2025
Image shows the New Jersey Department of Labor logo
New Jersey is tightening up the definition of independent contractor in a rule change that has big implications for insurance agents.

Industry groups eye New Jersey independent contractor rule warily

New Jersey Department of Labor and Workforce Development officials are reviving the “ABC Test” for independent contractor status.

June 24, 2025
Hospital with a "Sorry We're Closed" sign. Rural hospitals in danger of closure if budget bill passes.

Rural hospitals in danger of closure if budget bill passes

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.

June 24, 2025
Image shows the National Life logo and a gavel
An Indiana woman is suing NLV Financial Corp. and its two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% after one year.

State claims added to amended lawsuit over National Life IUL illustrations

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.

June 23, 2025
Friendly looking robot helping a group of workers, who are all smiling. Expert shares practical tips for human-friendly AI adoption, upskilling.

Expert shares practical tips for human-friendly AI adoption, upskilling

As artificial intelligence remains a hot-button topic in insurance, one expert shares insights on best practices for adopting and scaling AI.

June 23, 2025
Illustration of Ben Franklin's image from a $100 bill overlappting money transfer statistics. Implementing-best-practices-during-the-Great-Wealth-Transfer.

Study: How does flexibility impact life insurance purchase decisions?

In the world of life insurance, guarantees have reigned supreme. But new research suggests flexibility also may be highly valued.

June 20, 2025
Illustration showing symbols for wealth and for bitcoin. Could-a-bitcoin-based-indexed-annuity-be-in-the-future

Could a bitcoin-based indexed annuity be in the future?

An insurtech holding company is seeking a fronting carrier and regulatory approval for a bitcoin-based indexed annuity.

June 19, 2025
Illustration of a car with an insurance checklist beside it as a young woman scrolls through auto insurance competitors on her phone. Despite-auto-insurers-return-to-the-black-some-customers-unhappy.

Despite auto insurers’ return to the black, some customers unhappy

America’s auto insurers have finally shifted out of the red—but are now trying to avoid losing their most valuable customers.

June 19, 2025
Image shows the State Farm logo
State Farm recently won approval for an emergency 17% rate hike in California.

‘Tough decisions’ on the way as California grapples with insurance crisis

Nearly six months after a series of devastating wildfires, California’s property insurance crisis is far from stabilized.

June 18, 2025
House of cards falling with the words "$50 Million" overlaying the image. N.Y. man charged in 'Eight Percent Fund' $50M ponzi scheme.

N.Y. man charged in ‘Eight Percent Fund’ $50M ponzi scheme

N.Y. man charged by authorities with one of the largest and longest-running Ponzi schemes in state history.

June 18, 2025
Image of an agent with empty pockets with the United Health Care logo and the words "Medicare Advantage Commission." Agent groups condemn United Healthcare eliminating commissions.

Agent groups condemn United Healthcare eliminating commissions

Professional associations representing the agent community have come out against United Healthcare’s recent decision to eliminate agent commissions across more than 100 Medicare Advantage plans in more 20 states.

June 17, 2025

Annuity sales top $100B for the 6th straight quarter, LIMRA reports

U.S. annuity sales exceeded $106 billion in the first quarter, with more than half of the top 20 carriers reporting sales growth, LIMRA reported.

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