INSURASALES

Maxus v. Travelers Fire Insurance Dispute Sets Precedent on Soot Damage Coverage

The Maxus v. Travelers case clarifies soot damage as covered direct physical loss, emphasizing the importance of precise policy wording and timely claims handling in commercial fire insurance disputes.

Allstate Files Federal Suit Over $305K Alleged No-Fault Medical Equipment Fraud

Allstate sues A to Z Supply Services for over $305,000 in alleged fraudulent medical equipment claims under New York's No-fault system, highlighting challenges in insurance fraud detection and claims oversight.

Global Commercial Insurance Market to Reach $1.89B by 2030, Driven by Regulatory and Tech Adoption

The global commercial insurance market is set to expand at a 7.9% CAGR, reaching $1.89 billion by 2030, driven by regulatory reforms, insurtech adoption, and rising risk exposures in North America, Asia-Pacific, and other regions.

CFP Board Survey Highlights Financial Risks of Online Misinformation

CFP Board survey reveals risks of financial misinformation online causing costly mistakes, especially among younger Americans, highlighting the role of financial professionals in guiding consumers.

Mixed Q2 Earnings Highlight Divergent Performances Among U.S. Insurers

Explore the latest Q2 earnings results from major U.S. insurance companies, highlighting mixed performances amid evolving market dynamics and regulatory shifts.

Medicare Launches AI-Driven Pilot to Review Medical Procedure Approvals

Medicare initiates an AI-based pilot program to aid in approving or denying certain medical procedures, raising considerations about healthcare administrative processes and payer-provider dynamics.

CMS Launches Prior Authorization Pilot in Traditional Medicare to Control Costs

CMS initiates a six-state pilot requiring prior authorization in traditional Medicare to target overuse and cut costs, testing expanded regulatory controls familiar in Medicare Advantage.

Massachusetts Faces Public Health Insurance Losses Amid Federal Budget Cuts

Federal budget cuts are reducing public health insurance in Massachusetts, affecting DACA recipients and low-income immigrants, with significant impacts on Medicaid and health safety net programs.

New Obesity Definitions and Staging Systems Enhance Risk Stratification Beyond BMI

Explore how new obesity definitions and staging systems surpass BMI limitations, offering improved risk stratification and personalized management in clinical obesity care.

Federal Court Halts ACA Eligibility Changes; Supreme Court Blocks NIH Funding Restoration

Federal court pauses ACA eligibility changes while Supreme Court blocks NIH grant restorations, impacting healthcare policy and funding. Explore implications for insurance and Medicaid expansion.