INSURASALES

Medicare Faces $10.6 Billion Fraud Network Indictment

A $10.6 billion Medicare fraud scheme involving stolen data and false medical equipment claims leads to federal indictments, spotlighting compliance and regulatory challenges in health insurance.

AAA Issues Safety Advisory to Homeowners Ahead of July 4th to Reduce Insurance Claims

AAA warns of increased fire and property risks during July 4th celebrations, urging homeowners to follow safety tips to reduce insurance claims.

ZestyAI Secures $15M Credit Facility to Expand AI Risk Analytics in P&C Insurance

ZestyAI secures $15 million credit facility to accelerate AI-driven property and climate risk analytics in U.S. property and casualty insurance, enhancing underwriting and regulatory compliance.

YAS and JOIE Launch AI-Driven Usage-Based Insurance for Hybrid Taxis

YAS partners with JOIE to implement an AI-driven usage-based insurance platform for 1,000 hybrid and electric taxis, enhancing safety and operational efficiency.

Bermuda Leads as Primary Offshore Reinsurance Hub for US Life/Annuity

Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.

F&G Annuities & Life Added to Russell 2000 Defensive Index

F&G Annuities & Life, Inc. has been added to the Russell 2000 Defensive Index, highlighting its growing role in the insurance sector and defensive stock market segment.

Federal Reserve Revises Supplementary Leverage Ratio Impacting U.S. Treasury Market

The Federal Reserve's quiet revision of the Supplementary Leverage Ratio reshapes bank capital requirements, affecting liquidity and operations in the U.S. Treasury market.

Symetra to Acquire Dearborn Group's Life & Disability Business, Expand Workforce Benefits

Symetra announces acquisition of Dearborn Group's life and disability business, forming exclusive L&D distribution partnership with HCSC to expand workforce benefits nationwide.

Astrana Health Q1 2025 Results Show Margin Pressure Amid Growth Investments

Astrana Health's Q1 2025 earnings reveal revenue growth offset by margin compression due to Medicaid utilization and integration investments. Key focus on full-risk contracts and regulatory renewals.

Medicaid Cuts in GOP Budget Bill Threaten Rural Healthcare and Coverage Gains

The GOP budget bill proposes Medicaid cuts that risk reversing coverage gains and strain rural healthcare systems, impacting millions including 660,000 in North Carolina.