INSURASALES

FDA Updates COVID Vaccine Policy; Medicare Fraud Sentencing; Immunization Funding Growth

FDA refocuses COVID vaccine approvals on high-risk groups with new evidence requirements. Medicare fraud case results in sentencing for $3.2M scheme. Lower-income countries increase self-funded vaccine investments. Bipartisan prior authorization reform bill returns in Congress.

Ceresti Health Launches Medicare GUIDE Wait List to Support Dementia Care Nationwide

Ceresti Health opens a Medicare GUIDE wait list enabling family caregivers nationwide to access tech-enabled dementia care under CMS's new Medicare program launching July 2025. No cost to patients or caregivers.

United Fire Group Elects Three Directors to Board for 2025-2028 Term

United Fire Group completes 2025 shareholder vote, electing three directors to its board for the 2025-2028 term, ensuring strong governance in the property and casualty insurance market.

Hartford Insurance Group Declares Quarterly Dividend Amid Steady Market Valuation

Hartford Insurance Group (NYSE:HIG) declared a $0.52 quarterly dividend, reflecting steady performance with a 1.58% yield and diversified insurance operations across Commercial and Personal Lines.

Tornado Uncovers Insurance Coverage Gaps in Small Kansas Town

An EF-2 tornado in Plevna, Kansas, highlights significant insurance coverage gaps among homeowners and city buildings, posing challenges for disaster recovery and risk management in rural areas.

Washington Insurance Commissioner Issues $510,000 in Fines for Licensing Violations

Washington Insurance Commissioner has fined insurers over $510,000 for licensing violations including unlicensed health plans and unauthorized pet insurance sales, underscoring regulatory enforcement and compliance in the state's insurance market.

Congress Proposes Shift to High-5 Pay Basis for Federal Retirement Benefits Starting 2028

Congress proposes changing federal retirement annuity calculations from high-3 to high-5 pay basis starting 2028, impacting federal employee pensions and government retirement costs.

ASTRO Supports Prior Authorization Reform in Medicare Advantage to Improve Cancer Care

ASTRO backs bipartisan legislation to reform Medicare Advantage prior authorization, aiming to reduce cancer treatment delays and improve care outcomes.

State Farm Reports 8,800+ Claims from Severe May Tornadoes, Raises CA Premiums

State Farm and American Family Insurance face thousands of claims from May tornadoes across Midwest states. State Farm authorized a 17% California homeowner premium increase amid rising claims from severe weather.

Sapiens Secures Contract for State Auto Insurance Claims Modernization

Sapiens International Corporation has been selected by a leading state-run auto insurance organization to modernize claims operations with its ClaimsPro SaaS solution, signaling growth in AI-driven insurance automation and digital transformation.