INSURASALES

GEICO Workforce Cuts and AI Integration Mark Strategic Insurance Industry Shift

GEICO reduces workforce by over half while boosting underwriting earnings and expanding operations, reflecting broader insurance industry trends towards AI and digital modernization.

World Insurance Associates Acquires Christopher Williams Agency, Expands in New York

World Insurance Associates LLC acquires Christopher Williams Agency and Barrett Millard LLC, enhancing its insurance services and expanding its presence in the Rochester, NY market.

Louisiana Legal Reforms Aim to Lower Auto Insurance Rates Through Medical Billing Transparency

Louisiana lawmakers propose legal reforms targeting medical billing transparency to reduce auto insurance rates. Insurance commissioner supports reforms based on national precedents.

Automobile Insurance Leads U.S. Property & Casualty Market for 10 Years

Automobile insurance has consistently held the largest market share in the U.S. property and casualty insurance sector for the past decade, highlighting its industry significance and market dynamics.

Medicare Advantage Overpayments Fund Non-Medical Perks, Costing Taxpayers $1.2 Trillion

Medicare Advantage overpayments have increased sharply, funding non-medical perks like golf fees and ski passes, leading to projected taxpayer costs of $1.2 trillion over the next decade.

Understanding Insurance and Benefits for Young-Onset Dementia Patients

Explore how young-onset dementia patients can access expedited Social Security disability benefits and Medicare coverage. Learn about the SSA Compassionate Allowances program and key insurance pathways.

Blue Cross Blue Shield Minnesota to Pay $71M in $2.8B National Settlement Over Competition Claims

Blue Cross Blue Shield of Minnesota agrees to pay $71 million as part of a $2.8 billion national settlement addressing competition and payment disputes with health care providers. The settlement includes operational reforms and aims to improve transparency and provider payments.

FBI Alerts on Discounted Medical Insurance Scams Targeting U.S. Consumers

FBI issues nationwide warning on discounted medical insurance scams that defraud consumers with fake coverage, causing costly out-of-pocket expenses. Learn how to identify and report these fraudulent schemes.

Medicare Primary Care Shifts Toward Hospital and Multispecialty Practices

Study shows Medicare primary care visits shifting from physician offices to hospital-affiliated and multispecialty practices, influenced by ACA funding and Medicare reimbursement policies.

U.S. Property & Casualty Insurance Industry Outlook: Key Players & Market Trends

Explore insights on the U.S. Property & Casualty Insurance industry, highlighting market trends, catastrophe impact, technology integration, and earnings forecasts for major insurers in 2025-2026.