INSURASALES

Life Insurance Premiums Up 2% in March Amid Declining Policy Numbers

Life insurance premiums in India rose 2% year-over-year in March, with mixed performance across major insurers including LIC, HDFC Life, and ICICI Prudential. Total policy numbers declined nearly 19%.

Sapiens to Acquire APAC Automation Provider Candela to Expand Life Insurance Tech

Sapiens International to acquire Candela for $22 million, enhancing life insurance automation and expanding presence in APAC markets. Deal closes Q2 2025.

LIMRA Study Reveals Life Insurance Coverage Gap Amid Strong Market Demand

LIMRA's 2024 study exposes a significant life insurance coverage gap despite strong consumer demand, highlighting education and digital marketing challenges in the U.S. market.

Proposed GOP Medicaid Cuts Could Reduce Coverage for 349,000 Coloradans

The GOP's proposed Medicaid cuts as part of an $880 billion budget plan threaten health coverage for 349,000 Coloradans, impacting families, older adults, and rural hospitals.

Maryland Faces Growing Psychiatric Bed Shortage Amid Legal Compliance Challenges

Maryland's Department of Health struggles with psychiatric bed shortages, leading to legal challenges and increased judicial fines amid mounting patient backlogs.

Admiral Group to Sell U.S. Elephant Auto Insurance to J.C. Flowers

Admiral Group PLC agrees to sell U.S. motor insurance brand Elephant Insurance to J.C. Flowers & Co., shifting ownership to the U.S. with growth and profitability gains.

FICO and dacadoo Enhance Life Insurance Risk Assessment with AI

FICO and dacadoo partner to improve life insurance underwriting using AI-driven risk assessment and digital health data for personalized policies and faster decisions.

CMS Releases 2026 Final Rule for Medicare Advantage and Part D Programs

CMS finalizes key aspects of the 2026 Medicare Advantage and Part D programs rule, including expanded insulin coverage, payment plans, and new pharmacy requirements for network participation.

Supreme Court Likely to Uphold ACA Preventive Services Coverage

The Supreme Court is poised to uphold the ACA mandate requiring insurers to provide coverage for preventive health services with no cost to patients, reinforcing regulatory compliance.

California Lawsuit Challenges Insurer Cost-Shifting Under FAIR Plan Surcharges

Consumer Watchdog sues California Insurance Commissioner over FAIR Plan surcharges, challenging insurer cost-shifting practices and regulatory compliance under wildfire assessments.