INSURASALES

Phoenix BMW Owner Faces Months-Long Insurance Payment Dispute

Phoenix man’s BMW repair delayed 4 months due to insurance payment issues with Cox Communications provider. Highlights challenges in auto claims and insurer payment processes.

DOJ Sues SelectQuote Over Medicare Advantage Kickbacks, Stock Drops 19%

The DOJ sued SelectQuote and major insurers over Medicare Advantage plan kickbacks, leading to a 19% stock drop. This case highlights key compliance risks in broker compensation and Medicare Advantage enrollment.

California Homeowners Face Insurance Non-Renewals and Premium Increases in 2023

In 2023, Fresno County homeowners in California face increasing insurance non-renewals and premiums due to market challenges and regulatory developments. Learn about policy renewal conditions, aerial inspections, and the state's sustainable insurance strategy.

Liberty Mutual Q1 2025 Net Income Falls 33% Amid Rising Catastrophe Losses

Liberty Mutual reports $1B Q1 2025 net income, down 33%, impacted by $1.8B catastrophe losses from California wildfires. Underwriting improvements lowered the underlying combined ratio to 81.9. Net written premiums fell in U.S. retail markets but rose 7.5% in Global Risk Solutions.

Investigation Launched into CVS Health Over Alleged Medicare Advantage Kickback Violations

Levi & Korsinsky LLP has commenced an investigation into CVS Health following DOJ allegations of illegal kickbacks related to Medicare Advantage plan enrollments, highlighting increased regulatory focus on insurance brokerage compliance.

Arizona Mandates Independent Medical Director Reviews for Claims Denials

Arizona mandates independent medical director reviews for health insurer claims denials and prior authorizations based on medical necessity, effective June 2026.

Trump Administration to Reintroduce 'Most Favored Nation' Drug Pricing for Medicare

The Trump administration plans to reintroduce a 'most favored nation' drug pricing model for Medicare, aiming to align U.S. drug prices with lower international rates. This strategy faces industry opposition but could complement existing Medicare drug price negotiations to reduce costs.

Berkshire Hathaway Posts $2.7B Underwriting Profit Amid Leadership Shift and Climate Challenges

Berkshire Hathaway reports $2.7 billion underwriting profit in 2024 with key leadership changes and strategic responses to wildfire losses, highlighting resilience in insurance markets.

American Coastal Insurance Q1 2025: Strong Underwriting Drives 65% Combined Ratio

American Coastal Insurance reports Q1 2025 earnings with a 65% combined ratio and over 30% return on equity, highlighting underwriting discipline and premium growth in property and casualty insurance.

F&G Annuities & Life Declares Quarterly Dividend with Stable Yield

F&G Annuities & Life announces a $0.22 per share dividend payable June 2025, emphasizing its steady dividend growth and role in the annuities and life insurance market.