INSURASALES

UnitedHealth to Exit Medicare Advantage Plans in 16 Counties Amid Cost and Reimbursement Challenges

UnitedHealth will stop offering Medicare Advantage plans in 16 U.S. counties by 2026 due to CMS funding cuts and rising healthcare costs, impacting 180,000 members and shifting focus to sustainable care models.

When Life Insurance Becomes Motive: Lessons from An Arkansas Murder Case

Jason Dunigan sentenced to life for capital murder in case involving wife’s significant life insurance policy. Highlights key insurance fraud challenges.

Increased Deer-Vehicle Collisions Raise Safety and Insurance Concerns in Ohio

Higher deer-vehicle collisions during fall in Ohio lead to increased car accidents and insurance claims, highlighting road safety and financial risks for drivers and insurers.

Ambac to Rebrand Following Legacy Insurance Portfolio Sale

Ambac Financial Group to rebrand after selling its legacy insurance portfolio, transitioning to a pure-play managing general agent and specialty insurance platform, reflecting strategic market repositioning.

Icen Risk Launches U.S. Operations with $50M Zurich Backing

Icen Risk, a London-based MGA, has launched U.S. operations with $50 million capacity from Zurich, marking a significant cross-border expansion in the insurance sector.

Beyond Policies: Inspiring Stories of Care and Community From the Industry

Auto Experts of Colleyville launches 'Autos of Love' to donate refurbished vehicles with free maintenance, addressing transportation challenges for employment access.

CyberCube Secures $180M Investment to Advance Cyber Risk Analytics

CyberCube raises $180M from Spectrum Equity to enhance AI-driven cyber risk analytics and support growth in cyber insurance portfolios globally.

Insurance Executives Gain Billion-Dollar Fortunes in Florida P&C Market

Three insurance leaders reach billion-dollar wealth by capitalizing on Florida's volatile property and casualty insurance market, with significant stock gains in Slide Insurance and Neptune Insurance Holdings.

Ninth Circuit Denies Class Certification in Progressive's Totaled Vehicle Valuation Dispute

The Ninth Circuit denies class certification in a contested Progressive insurance case challenging the use of the projected sold adjustment for totaled vehicles, highlighting complex valuation and legal issues.

Over One-Third of U.S. Drivers Lack Adequate Auto Insurance Coverage

More than one-third of U.S. drivers lack sufficient auto insurance, increasing financial risks. Understanding uninsured and underinsured motorist coverage is critical for risk management and insurance compliance.