INSURASALES

Medicaid Spending Cuts to Impact People with Intellectual and Developmental Disabilities

Federal budget cuts to Medicaid pose risks to coverage and services for people with intellectual and developmental disabilities, affecting millions reliant on specialized care and long-term support.

Rising Hospital-Insurer Contract Disputes Challenge U.S. Healthcare Access in 2025

Contract disputes between hospital systems and insurers like Anthem disrupt coverage for tens of thousands of patients in 2025, reflecting rising tensions in payer-provider negotiations amid consolidation and federal budget cuts. Insights into impacts on healthcare access and regulatory responses.

State Medicaid Provider Payment Cuts Intensify Amid Budget Shortfalls

States like North Carolina and Idaho are reducing Medicaid provider payments due to budget shortfalls, risking healthcare access for vulnerable populations and straining provider networks.

Progressive's Underwriting Discipline Drives Long-Term Insurance Market Success

Progressive Insurance's disciplined underwriting and tech innovations underpin sustained profitability and investor returns in the competitive U.S. auto insurance market.

INSHUR Welcomes Guy Farley to Guide AI and Autonomous Vehicle Insurance Strategy

INSHUR appoints Guy Farley to UK Board of Advisors to drive AI and autonomous vehicle insurance development, signaling a strategic shift in mobility insurance innovation.

U.S. Commercial Auto Insurance Endures Continuous Underwriting Losses in 2024

AM Best reports ongoing underwriting losses in U.S. commercial auto insurance for 14 years, driven by rising loss severity and claims costs despite operational efficiencies and rate increases.

Raymond James Raises Mercury General Price Target to $100 with Strong Buy

Raymond James upgrades Mercury General price target to $100, highlighting strong performance in California auto and homeowners insurance markets with solid combined ratios and growth prospects through 2026.

Bamboo Insurance Expands Personalized Homeowners Coverage to Texas

Bamboo Insurance extends its property-casualty homeowners insurance to Texas, focusing on underserved markets with personalized and accessible coverage solutions backed by White Mountains Investment.

Praxis Reciprocal Exchange Launches as Florida-Based Reciprocal Property Insurer

Praxis Reciprocal Exchange secures regulatory approval to operate as a reciprocal property insurer in Florida, prioritizing policyholder interests and market stability.

California Approves Wildfire Home Hardening Grants Inspired by Wind-Resistant Roof Programs

California's new legislative program offers grants to homeowners for wildfire damage prevention measures, drawing on models from Alabama and Louisiana's wind-resistant roof initiatives. The bill awaits gubernatorial approval and funding details.