The institutional knowledge gap in insurance: Why AI isn’t the silver bullet
How much can AI help the insurance industry offset the continued loss of institutional knowledge as talent ages out?
How much can AI help the insurance industry offset the continued loss of institutional knowledge as talent ages out?
Interim Connecticut Insurance Commissioner Joshua Hershman estimates that about 70% of PHL Variable Insurance Co. policyholders will be fully covered by state guaranty associations.
UnitedHealth has until April 29 to hand over tens of thousands of documents to plaintiffs who claim that the insurer relies on an AI algorithm to deny claims.
The caregiver workforce crisis may be the biggest constraint on access to long-term care services.
As more and more insurers leverage AI for underwriting, claims, and risk management, they face the need for explainability, defensibility, and accountability.
Regulators highlighted annuity illustrations suggesting annual returns between 10% and 27%, prompting questions about whether consumers are getting good information.
The November midterm elections will be Congress’ priority for the remainder of 2026, and observers believe that any legislation coming out of the Capitol will be seen through that electoral prism.
Escalating catastrophe losses driven by climate exposure, development patterns and inflation are testing the limits of insurance markets.
A new Department of Labor proposal could broaden the types of investments available in workplace retirement plans.
The news of the Corebridge/Equitable merger provided shocks through the life and annuity markets.
Getting prescription drugs to market faster is a major priority for the Food and Drug Administration, its commissioner said during the AHIP Medicare, Medicaid, Duals and Commercial Markets Forum in Washington.
Agents and brokers have a role to play in the health care system but they may be impacted by the push for affordability that has seen carriers cutting or eliminating commissions.
Perhaps the last issue in the U.S. that people of all political persuasions can agree on is that prescription drug prices are too high.
Corebridge and Equitable announced an agreement to combine in an all-stock merger, valuing the combined company at approximately $22 billion.
NAIC regulators defended the need for private meetings Tuesday as consumer advocates and industry representatives called for more transparency.
Affordability is the top concern among voters of all political beliefs. So how can the health care system advance and sustain affordability?
“The most patriotic thing you can do is take care of yourself,” Dr. Mehmet Oz told the audience at an AHIP event this week.
The bid to reform indexed illustrations took another step this week with a presentation at the National Association of Insurance Commissioners’ spring meeting in San Diego.
“Employer-sponsored coverage isn’t one small part of the health care system – it is the American health care system,” said Dan Aronowitz, assistant secretary of labor and head of the Employee Benefits Security Administration.