CVS Health closes 16 Oak Street Health locations citing elevated medical costs and CMS risk model changes, reflecting broader strategic shifts in retail healthcare amid financial pressures.
An insurance company, which has insured several New York hospitals and charities, has filed for bankruptcy and is closing its practice after being overwhelmed by lawsuits related to that state’s Child Victims Act (CVA). Bermuda-based Northeast Insurance Company filed for Chapter 15 bankruptcy protection in New York on Oct. 15, seeking U.S. recognition of its ongoing liquidation process in Bermuda.
September Consumer Price Index rose 0.3%, below forecasts, influencing insurance inflation and risk assessment strategies.
Learn about the 2.8% Social Security COLA increase for 2026 and strategic retirement planning tips including annuities, savings, and asset management to optimize income.
Ballad Health sues UnitedHealth Group over alleged Medicare Advantage care denials, coding practices, and reimbursement disputes impacting rural healthcare and insurance contracts.
Minnesota state programs reveal significant fraud due to failures in executive oversight and legislative resistance. Federal investigations highlight ongoing challenges in public program compliance and accountability.
Explore 2024 trends among the top 50 global property/casualty insurers, featuring premium growth, loss ratio improvements, and shifting market rankings.
State Farm announces plans to enter Massachusetts home and auto insurance market in 2027, challenging regional insurers and expanding its footprint in the Northeast insurance industry.
Florida's insurance market sees significant improvements with declining auto and homeowners rates, reduced litigation, increased insurer participation, and regulatory reforms enhancing consumer benefits.
Idaho's Department of Insurance finds wildfire losses rising but homeowners premiums stabilize in 2024 due to prior insurer adjustments and mitigation efforts. Analysis covers non-renewals, premiums, and market dynamics.
