Americans prep for possible recession
From dusting off their resumes to going off-grid, Americans are bracing themselves for a possible recession this year.
Dr. Emmanuel Hostin settles with American Transit, dropped from lawsuit
American Transit filed a stipulation of voluntary dismissal Tuesday for Hostin and Hostin Orthopaedics & Sports Medicine.
UnitedHealth facing more lawsuits from disgruntled shareholders
UnitedHealth Group is facing another round of shareholder lawsuits citing the alleged Medicare fraud investigation reported by the Wall Street Journal in May.
CT insurance commissioner to court: loosen moratorium on PHL Variable
Connecticut Insurance Commissioner Andrew Mais is asking a judge to loosen the moratorium on PHL Variable policies.
PwC on midyear M&A: ‘Consolidation of consolidators’
Sustained interest in insurance and a “unique” surge in megadeals reflect “the consolidation of consolidators,” says PwC’s Mark Friedman.
How new AI benchmarking tool helps insurers track ROI
Digital customer service platform Glia has launched a new benchmarking tool to help insurers “cut through the fog” in analyzing AI strategy.
SCOTUS ruling on nationwide injunctions could have lasting implications
A SCOTUS ruling on birthright citizenship could also shut down a key strategy for financial services to block unwelcome federal rules.
‘Big, beautiful bill’ rolls back federal support for Medicaid, ACA
House Republicans, in sending what is called “the big, beautiful bill” to President Donald Trump for his signature, slashed Medicaid while allowing the enhanced Affordable Care Act tax credits to expire at the end of this year.
Houses passes Trump budget making 2017 tax cuts permanent
After whipping potential holdouts overnight, House Republicans passed President Donald Trump’s $4.5 trillion tax breaks and spending cuts bill Thursday…
Special master: Up to $300M on the way for Greg Lindberg victims
The special master assigned to unwind disgraced financier Greg Lindberg’s maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims.
Is Sunny Hostin’s husband next to settle massive NYC medical fraud suit?
American Transit Insurance Co. has reached agreements with about 85% of the 180 defendants it accused of running an elaborate medical fraud scheme in New York City.
Health community reacts to Senate bill impacts on health care
Reaction from various factions of the health care community continued the day after Senate passed the bill in a 51-50 vote with Vice President JD Vance casting the tie-breaking vote.
FEMA, NOAA cuts put insurance coverage at risk, experts say
Budget cuts to government disaster-response and climate-monitoring programs have insurance leaders and others warning of grave consequences.
Senate passes ‘Big Beautiful Bill,’ makes litany of significant tax changes
The Senate passed President Donald Trump’s controversial budget today, which makes significant changes to tax policy and extends the 2017 Tax Cuts and Jobs Act.
Senate passes megabill, includes sweeping cuts to Medicaid, ACA
The Senate passed its version of what is called the “big beautiful bill” that includes deep cuts to Medicaid while allowing the enhanced Affordable Care Act tax credits to expire at the end of this year.
John Hancock’s Vitality builds a decade of success on living well
Ten years ago, John Hancock asked a bold question: What if we could build customers – and profits – by rewarding people for living well?
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.
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.
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.
