INSURASALES

Medicare Fraud Costs $60 Billion Annually; RI Office Promotes Prevention

Medicare fraud imposes a $60 billion annual cost and risks to beneficiaries. Rhode Island's Senior Medicare Patrol leads education during Medicare Fraud Prevention Week to enhance fraud awareness and protection measures.

Rising Insurance Costs Linked to Advanced Vehicle Safety Tech Repairs

Explore why advanced driver assistance systems are increasing auto insurance costs despite reducing accident claims, impacting repair expenses and insurance premiums.

LIMRA Conference Highlights Consumer Education, Mortality Improvements, and Market Challenges

Insights from LIMRA's Life and Retirement Conference reveal consumer education gaps, improved group mortality rates, and challenges in annuity distribution within the U.S. life insurance industry.

Maximizing Retiree Benefits: Free Perks to Enhance Financial and Personal Well-Being

Explore free and discounted perks available to U.S. retirees including health screenings, fitness programs, cultural access, tax help, legal aid, education, and travel discounts to stretch retirement dollars and improve quality of life.

Key Insights on U.S. Insurance Claims Handling and Regulatory Updates

Explore critical updates on U.S. insurance claims handling, regulatory compliance, and market trends enhancing provider and payer operations.

U.S. Annuity Sales Hit Record $432B in 2024 Amid Rate-Driven Demand

U.S. annuity sales reached a record $432.4 billion in 2024, driven by rising interest rates and demand for retirement income. LIMRA forecasts potential 2025 sales decline amid rate cuts, with RILAs and FIAs expected to remain resilient.

Rising Tax on Private Foundations Accelerates Growth of Donor-Advised Funds

New U.S. tax proposals on private foundations are driving wealthy donors toward donor-advised funds, reshaping philanthropic giving patterns and tax strategies.

2025 Medicare Advantage Star Ratings Drop Spurs Health IT Innovation Across Payers

The 2025 decline in Medicare Advantage Star Ratings intensifies regulatory scrutiny. Black Book Research reveals health IT strategies top plans use to boost quality, member experience, and compliance across all payers.

Former Progressive CEO Glenn Renwick Dies in Florida Car Accident

Glenn Renwick, former CEO and Chairman of Progressive, died in a multi-vehicle accident in Florida. This event has implications for leadership transitions, vehicle safety, and insurance risk assessment.

CIC Services Expands EnviroCap Liability Program with Broader Captive Coverage

CIC Services expands EnviroCap Liability Program, integrating auto, workers' comp, and general liability within a captive insurance model to combat rising premiums and coverage exclusions in commercial insurance.