Jury Awards $80M in Wrongful Death Case Involving Unlicensed Driver
Texas jury awards $80 million in wrongful death lawsuit after unlicensed driver causes fatal crash, highlighting legal and insurance liabilities in youth driving incidents.
Insurance Assets Under Management by Third Parties Hit $4.5 Trillion in 2024
Third-party managed insurance assets reach $4.5 trillion in 2024, driven by strong growth in fixed income and private asset investments. Key managers and consultants detailed.
Majority of Younger Americans Prioritize Wealth Over Insurance Protection
Northwestern Mutual study reveals younger Americans focus more on wealth building than life and disability insurance, highlighting a gap in risk protection awareness and advisor engagement.
CMS Intensifies Medicare Advantage Audits, LTC Research Highlights, and Nursing Home Compliance Issues
CMS escalates Medicare Advantage audits targeting upcoding and overpayments; research shows benefits of closer heart failure patient monitoring to reduce rehospitalizations; federal probe into nursing home COVID policies; nursing home financial fraud uncovered.
Medicare and Medicaid Funding Cuts Threaten Care for Aging U.S. Population
Explore the implications of proposed Medicare and Medicaid funding cuts on older adults and underserved communities, highlighting the role of nursing leaders and the aging U.S. population's healthcare needs.
CMS Expands Medicare Advantage Audits Impacting Major Health Insurers
CMS expands Medicare Advantage audits from 2018-2024, intensifying compliance demands and financial scrutiny for major health insurers like UnitedHealth, CVS, and Humana.
CMS Excludes Obesity Drugs from Medicare Coverage Amid Cost Concerns
CMS excludes obesity drugs from 2026 Medicare coverage, citing cost concerns; Eli Lilly criticizes the decision impacting obesity management treatments.
Louisiana Advances Tax Credit for Fortified Roofs Amid Insurance Crisis
Louisiana Senate advances SB-28 to offer up to $10,000 tax credits for fortified roofs, aiming to reduce home insurance losses and stabilize rising premiums.
Texas Moves to Ban Hemp-Derived THC Consumables, Weighs Regulation and Market Impact
Texas is set to ban hemp-derived THC consumables like gummies and edibles, excluding non-intoxicating CBD and CBG products, amid market and regulatory concerns. The move impacts an $8 billion industry, reflecting ongoing challenges in hemp product oversight.
Financial Strains Prompt Vermont to Consider Major Rate Increases for Blue Cross Blue Shield
Blue Cross Blue Shield of Vermont faces financial challenges leading to proposed rate hikes. Vermont regulators balance insurer solvency with affordability in ongoing insurance market discussions.