INSURASALES

ReSource Pro Integrates AI to Enhance Direct Bill Commission Processing

ReSource Pro integrates Ascend's AI technology to streamline direct bill commission reconciliation, reducing manual work and improving accuracy for insurance brokerages.

Nigerian National Pleads Guilty to $10M COVID-19 Unemployment Benefit Fraud Scheme

A Nigerian national pleaded guilty to a conspiracy that defrauded $10 million in COVID-19 unemployment benefits across multiple US states, involving identity theft and cryptocurrency laundering.

Michigan Man Pleads Guilty to Multi-Million Dollar Unemployment Fraud Scheme

Terrance Calhoun, Jr. pleads guilty to unemployment insurance fraud involving millions across multiple states, highlighting regulatory enforcement challenges in Michigan.

CentraLife Innovates U.S. Life Insurance with AI-Driven Custom Wealth Solutions

Mohamad Ali Hamade's CentraLife is transforming U.S. life insurance with AI-powered, personalized wealth-building policies tailored to high-income earners and entrepreneurs. Discover how fintech innovation is reshaping the insurance landscape.

Strategic Retirement Withdrawals: Applying the 4% Rule and Bucket Approach

Explore effective retirement withdrawal strategies using the 4% rule and bucket approach to optimize portfolio longevity and manage economic uncertainties.

Alpine Re Drops Plans to Launch $1 Billion Reinsurance Firm Amid Market Challenges

Alpine Re cancels plans to build a $1 billion reinsurance company due to difficult market conditions, reflecting challenges in the reinsurance sector.

Lucosky Brookman LLP Expands Insurance Defense Litigation in New York

Lucosky Brookman LLP expands its Insurance Defense Litigation Practice Group with a new office in Westchester County, NY, adding expertise in transportation and casualty claims for national trucking and insurance clients.

3rd Circuit Upholds Insurance Exclusions for Pre-Acquisition Wrongful Acts

The 3rd Circuit Court rules that insurance policy exclusions for pre-acquisition wrongful acts will be strictly enforced, stressing the importance of due diligence in mergers and acquisitions.

Genetic Testing Fraud Settlement: $6M Paid to Resolve Medicare False Claims

Genexe, LLC and others pay $6 million to resolve allegations of Medicare fraud involving medically unnecessary genetic tests and kickbacks. Enforcement in healthcare compliance continues.

Pennsylvania Groups Partner to Advocate for Increased Nursing Home Funding

Pennsylvania Health Care Association and SEIU Healthcare PA collaborate to advocate for increased Medicaid and Medicare nursing home funding, addressing reimbursement and staffing challenges in long-term care facilities.