A contract dispute between Jefferson Health and Independence Blue Cross could leave patients in the Lehigh Valley paying more out of pocket if no deal is reached by the end of the year. According to a statement from Jefferson, the health system will remain in-network with IBX through Dec. 31. An Independence Blue Cross spokesperson said it offered Jefferson a…
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David Jolly, the Democratic nominee for Florida governor, announced plans Monday to crack down on property insurance companies that use complex corporate structures to ship money to related firms whose profits are kept secret. Jolly’ s proposal came in response to articles in the Orlando Sentinel and South Florida Sun Sentinel on a secret state-funded…
Liberate, a provider of insurance-native AI agents for property and casualty insurers, today launched AI Intercept, a capability that screens every inbound call to a carrier or agency, identifies when the caller is a consumer’s AI agent rather than a person, and routes it to Liberate’s AI for end-to-end handling, allowing human teams to stay focused on the…
Advantage Capital Holdings, LLC today announced that Atlantic Coast Life Insurance Company and Southern Atlantic Re, Inc. have reached an agreement with the South Carolina Department of Insurance to proceed to mediation as the parties work toward resolving their disputes and addressing outstanding regulatory matters. As a result of the SC DOI’ s agreement…
The district and its insurers already have settled six other abuse lawsuits for more than $2 million– five involving former Amherst High School assistant principal Jack Koch and one involving former elementary school teacher Trent Hariaczyi. The district is paying about $1.5 million out of pocket, though some settlements obtained by The Buffalo News…
TORRANCE, Calif., Sept. 28, 2026/ PRNewswire-PRWeb/– MOTER Technologies, Inc., an AI-powered Insurtech company that delivers a connected vehicle data platform serving the insurance and automotive industries, today announced an additional strategic investment from ITOCHU Corporation, one of Japan's leading general trading companies. -Kenji Fujii, Founder and…
The U.S. homeowners insurance segment posted a sizable underwriting gain of $16.5 billion in 2025, as it reversed course and avoided an annual loss for the first time in six years, according to a new AM Best report. P/C industry’ s direct incurred loss ratio of 48.4 in the first half of 2026 marks its lowest point in five years. “Insurers have consistently pushed for…
-After a car crash, dealing with injuries, medical appointments and vehicle repairs can be overwhelming enough. Then comes another challenge: dealing with insurance companies. In Texas, a participant in a telephone conversation generally may record that conversation without obtaining the other participant’ s permission.
Partnership creates new agent revenue opportunities, strengthens distribution, and adds policyholder value at no additional cost for existing Insuresoft customers. FREMONT, Calif.& TUSCALOOSA, Ala.—- Way and Insuresoft today announced a strategic partnership designed to help insurers strengthen agent relationships, increase distribution effectiveness,…
Fire mitigation tops the list for Don Moore, a write-in candidate for Teller County commissioner. More than just one issue, Moore views the efforts as all-encompassing: forest health, which leads to reduced homeowners' insurance rates and home prices. Co-owner with his late wife, Toni Moore, of three homes on 100 acres in Teller County, Moore recently got a $17,000…
Some U.S. health-care workers are now dropping health insurance coverage as costs continue to skyrocket. More medical workers will likely forgo health insurance in the near future, potentially straining the nation's healthcare system, experts told the Daily Caller News Foundation. "Health-care workers are no different than the millions of Americans…
Three months later, "it didn't seem to have lasted," said Barkin, president of the Federal Reserve Bank of Richmond and a member of the Federal Reserve Board committee that adjusts interest rates to either stimulate the United States economy or slow down inflation. It was the first time in three years that the Fed had raised its benchmark interest rate- now ranging…
When Stacy Cox, a self-employed photographer in Kanab, Utah, dropped her Obamacare health insurance plan this year, routine preventive care became a financial dilemma. Now she finds herself weighing $1,200 for a mammogram against the survival of her business. She is among 3 million Americans who dropped out of the Affordable Care Act marketplace, created by…
Health insurance premiums have increased at three times the rate of workers’ earnings since 1999, according to a recent economic analysis by researchers from Rice University and the Baylor School of Medicine. While economic forces don’ t exempt Top Workplaces, many are doing their best to shield their workers from the health insurance storm– and those workers…
OWASCO— A resolution to transition eligible Cayuga County retirees from their current health insurance plan to a Medicare Advantage plan has been tabled. Joan Smrtic, a retired Cayuga County employee, spoke at the Legislature meeting and mentioned she did not receive any calls, emails or letters about the proposed transition. The proposal, introduced by…
Three months later, "it didn't seem to have lasted," said Barkin, president of the Federal Reserve Bank of Richmond and a member of the Federal Reserve Board committee that adjusts interest rates to either stimulate the United States economy or slow down inflation. It was the first time in three years that the Fed had raised its benchmark interest rate— now ranging…
Insurance companies are starting to write new policies in California again after years of holding back as wildfire risk climbed higher. The state Insurance Department says that means outgoing Commissioner Ricardo Lara's new regulations, intended to boost insurance availability, are working. Ben Armstrong, Consumer Watchdog's actuary, is tracking…
Attorney General James Uthmeier announced charges against seven defendants for their roles in a sophisticated, organized scheme that used multiple shell construction corporations to defraud workers' compensation insurers, operated an unlicensed money service business, and processed nearly $100 million in payroll. "This criminal enterprise…
As paymaster and healthcare administrator for state employees and retirees, Connecticut Comptroller Sean Scanlon moved swiftly to stop the auto-deposit on Kosta Diamantis' pension check on Sept. 17, and issued a statement about it less than two hours after the convicted former state budget official failed to show up in federal court for sentencing.