Three Jacksonville teenagers face felony charges after crashing a stolen car into a mattress store, causing significant property damage and business interruption. The incident highlights insurance risks and claims implications for small businesses in urban areas.
Explore how personal lines insurance is evolving from repair-and-replace to a predict-and-prevent approach, driven by economic pressures, consumer behavior shifts, and technology integration.
New York DFS fines eight auto insurers over $19 million for cybersecurity violations after data breaches exposed driver information in online quoting systems. Enforcement highlights increasing regulatory scrutiny in insurance industry compliance.
Wellcare expands Medicare Advantage plans to 51 million beneficiaries in 32 states and transitions dual-eligible members to integrated D-SNPs in 2026, reflecting industry shifts in Medicare-Medicaid integration and care coordination.
Malibu Life Holdings acquires TruSpire Retirement Insurance for $45M, marking entry into U.S. direct annuity market with plans to launch fixed-indexed annuity products in 2026.
Medicare Part B premiums are set to rise significantly in 2026 amid medical inflation, while Part D prescription drug costs slightly decline nationally. Enrollment opens October 15 for plan changes including Medicare Advantage and Medigap options.
Federal court upholds CMS's star rating methods after Humana challenges foreign language interpreter test policy, impacting Medicare Advantage market competition and insurer revenues.
California's insurance sector achieved $6.7 billion economic output and 29,000+ jobs through enhanced supplier diversity, reveals new report by California Department of Insurance.
A U.S. court rejected Humana's attempt to contest the CMS 2025 Medicare Advantage ratings, affecting Humana's bonus payments and highlighting CMS's regulatory role.
F&G Annuities & Life sees consistent hold ratings from analysts amid price fluctuations and market adjustments. Insights on financial performance, insider trading, and institutional ownership.
