INSURASALES

UnitedHealth Lowers Profit Outlook Amid Medicare Advantage Cost and Coding Challenges

UnitedHealth Group cuts profit forecasts due to higher Medicare Advantage care costs and lower coding revenue, highlighting challenges in Medicare Advantage management and insurance financials.

U.S. Commercial Insurance Market Shows Optimism Amid Complex Risks and Capacity Shifts

U.S. commercial insurance market experiences stability with excess casualty capacity shifts amid evolving risks and regulatory challenges, industry leaders report at Riskworld.

U.S. Life Insurers Shift to Residential Mortgages in Investment Portfolios

U.S. life insurers are increasing investments in residential mortgages, shifting from commercial loans, impacting portfolio composition, credit quality, and risk metrics.

Phoenix BMW Owner Faces Months-Long Insurance Payment Dispute

Phoenix man’s BMW repair delayed 4 months due to insurance payment issues with Cox Communications provider. Highlights challenges in auto claims and insurer payment processes.

DOJ Sues SelectQuote Over Medicare Advantage Kickbacks, Stock Drops 19%

The DOJ sued SelectQuote and major insurers over Medicare Advantage plan kickbacks, leading to a 19% stock drop. This case highlights key compliance risks in broker compensation and Medicare Advantage enrollment.

California Homeowners Face Insurance Non-Renewals and Premium Increases in 2023

In 2023, Fresno County homeowners in California face increasing insurance non-renewals and premiums due to market challenges and regulatory developments. Learn about policy renewal conditions, aerial inspections, and the state's sustainable insurance strategy.

Liberty Mutual Q1 2025 Net Income Falls 33% Amid Rising Catastrophe Losses

Liberty Mutual reports $1B Q1 2025 net income, down 33%, impacted by $1.8B catastrophe losses from California wildfires. Underwriting improvements lowered the underlying combined ratio to 81.9. Net written premiums fell in U.S. retail markets but rose 7.5% in Global Risk Solutions.

Investigation Launched into CVS Health Over Alleged Medicare Advantage Kickback Violations

Levi & Korsinsky LLP has commenced an investigation into CVS Health following DOJ allegations of illegal kickbacks related to Medicare Advantage plan enrollments, highlighting increased regulatory focus on insurance brokerage compliance.

Arizona Mandates Independent Medical Director Reviews for Claims Denials

Arizona mandates independent medical director reviews for health insurer claims denials and prior authorizations based on medical necessity, effective June 2026.

Trump Administration to Reintroduce 'Most Favored Nation' Drug Pricing for Medicare

The Trump administration plans to reintroduce a 'most favored nation' drug pricing model for Medicare, aiming to align U.S. drug prices with lower international rates. This strategy faces industry opposition but could complement existing Medicare drug price negotiations to reduce costs.