INSURASALES

MetLife Reinsures $10B in Variable Annuities with Talcott Resolution

MetLife’s $10 billion variable annuity reinsurance deal with Talcott Resolution aims to lower tail risk and release capital, enhancing risk management and financial stability.

Institutional Investors Increase Stakes in Canadian Natural Resources Amid Dividend Boost

Canadian Natural Resources sees increased investment from The Manufacturers Life Insurance Company and other institutional investors, alongside a dividend increase, signaling confidence in the energy sector's equity opportunities.

Wells Fargo Boosts FX Trading With Life Insurers by 56%

Wells Fargo's strategic shift towards institutional clients drives a 56% increase in FX forwards trading with life insurers, highlighting growing demand for currency risk management in the insurance sector.

Colorado Prepares for Federal Medicaid Funding Cuts Impacting State Budget

Colorado braces for up to $1 billion in potential federal Medicaid funding cuts, threatening state budget and healthcare services amid Congressional Republican budget proposals.

CVS Health to Exit ACA Individual Market in 2026, Impacting 1 Million Aetna Members

CVS Health plans to exit the ACA individual health insurance market in 2026, affecting about 1 million Aetna members across 17 states. The move reflects a strategic portfolio shift amidst rising healthcare costs and uncertain federal subsidies.

Congressional GOP Pursues Trillion-Dollar Medicaid Reforms and Fiscal Measures

Republicans in Congress seek to implement trillion-dollar Medicaid reforms through reconciliation, targeting waste, fraud, and abuse while expanding tax cuts and curbing federal spending growth.

CVS Exits ACA Market, Boosts Wegovy Access After Strong Q1 Earnings

CVS Health announces exit from individual ACA plans and expands Wegovy access amid strong Q1 earnings, signaling strategic focus on higher-margin healthcare segments.

Insuranceopedia Launches PolicyAI to Detect Auto Insurance Gaps and Cut Costs

Insuranceopedia introduces PolicyAI, a free AI tool that analyzes auto insurance policies to identify coverage gaps and reduce costs, enhancing policyholder protection and compliance.

Progressive Plans Major Hiring Amid Auto Insurance Growth; Chubb Faces Q1 Challenges

Progressive announces hiring of 12,000+ workers in 2025 amid strong auto insurance growth, while Chubb reports Q1 net revenue drop due to wildfire losses. J.D. Power study shows rising auto insurance shopping trends.

House Proposals to Cut Medicaid Funding Pose Risks to Washington D.C. Healthcare

House Republican proposals to cut Medicaid funding threaten Washington D.C.'s healthcare system, risking coverage for 40% of residents and essential services. The debate highlights funding structures and potential impacts on hospitals and clinics.