INSURASALES

Variable Universal Life Insurance: Market Role, Features, and Considerations

Explore comprehensive insights on variable universal life insurance (VUL) including its structure, flexibility, risks, fees, and market share in the U.S. life insurance industry.

NY State Audit Reveals $1.5M Anthem Overpayments in Empire Plan Claims

New York State audit finds over $1.5 million in Anthem Blue Cross overpayments for physician-administered drugs under the Empire Plan, highlighting ongoing oversight and claims management challenges.

NAIC AI Data Definition Efforts Spur Debate on Regulatory Clarity and Innovation

NAIC's initiative to define third-party data in AI models raises regulatory clarity concerns amid calls for flexible governance to support insurance innovation.

Tennessee Genetic Testing Owner Sentenced for $129M Medicare Kickback Scheme

Fadel Alshalabi, owner of Crestar Labs in Tennessee, sentenced to five years for orchestrating a $129M Medicare and Medicaid kickback and billing fraud scheme involving unauthorized genetic tests.

Innovations in U.S. Insurance: AI, SaaS, and Strategic Partnerships Drive Market Evolution

Explore how U.S. insurers are leveraging AI, SaaS platforms, and strategic partnerships to enhance risk management, fraud detection, and customer experience across various insurance lines.

PICC Property and Casualty Declares Final Dividend for 2024

PICC Property and Casualty Company Limited announced its final dividend for 2024, detailing dividend rates and payment schedules for shareholders including specifics on currency conversion for H Shares.

2025 Reports Confirm Social Security and Medicare Insolvency by 2033

2025 trustees reports reveal Social Security and Medicare insolvency by 2033, requiring urgent reform to avoid drastic benefit cuts and tax hikes. Analysis of funding challenges, recent legislation, and international reform models.

Senate Advances $4.5 Trillion Tax Cut Bill Amid Republican Negotiations

U.S. Senate moves forward on $4.5 trillion tax cut bill with focus on Medicaid changes and budget reconciliation amid GOP negotiations.

Progressive Raises Earnings Estimates Amid AI Energy Infrastructure Investment Trends

The Progressive Corporation's earnings outlook improves with rising investment income and lower expense ratios, set against a backdrop of increasing AI-driven energy infrastructure demand shaping U.S. insurance market trends.

Florida Approves Two New Property Insurers Amid Market Stabilization

Florida Office of Insurance Regulation approves two new property insurers as market reforms lead to rate stabilization and increased profitability in 2024.