INSURASALES

Global Financial Services Market to Reach $47 Trillion by 2029 with 7.2% CAGR

The global financial services market is projected to grow to $47.35 trillion by 2029, driven by blockchain adoption, AI integration, and rising wealth management demand.

Study Finds Life Insurance Buyers Prefer Flexibility and Lower Costs Over Lifetime Guarantees

A 2024 study reveals a shift in life insurance consumer preference towards flexible, lower-cost policies over lifetime guarantees, emphasizing cost sensitivity and the importance of clear product education.

Walmart Launches Personalized Nutrition Program Targeting Medicare and Medicaid Customers

Walmart introduces a personalized nutrition and wellness program for Medicare and Medicaid users, leveraging data to enhance consumer health and challenge competitors like Costco.

Illinois Shifts Health Insurance Enrollment; Tax Credit Changes Loom

Illinois will switch healthcare enrollment to a state-based exchange this fall, with tax credit reductions and Medicare Advantage plan changes impacting consumers and carriers alike.

Florida Faces Transparency Challenges as More Property Insurers Fail Fiscal Fitness Test

Florida's Property Insurance Stability Report reveals increased insurer financial risk and lack of transparency. Learn about regulatory disclosure limits and market impact.

AM Best Downgrades Safety Insurance Group Amid Capitalization Decline

AM Best lowers Safety Insurance Group's credit ratings citing capital adequacy challenges amid rising premiums and reserves, with stable outlook on financial strength.

Massachusetts Commercial Health Insurers Propose 13.4% Average Rate Increase for 2026

Massachusetts commercial health insurers propose an average 13.4% rate increase for 2026 premiums in the merged individual and small business market, per state regulators.

Public Opinion Divides on Congressional Health Care Bill Impacting Medicaid and ACA

Public opinion is sharply divided on the Congressional health care bill proposing Medicaid spending cuts and ACA changes amid rising favorability for both programs.

Aflac Reports Cybersecurity Breach Potentially Exposing Customer Data

Aflac reveals a cybersecurity breach on its U.S. network affecting customer personal data, highlighting rising cyber threats in the insurance industry.

Aflac Cyberattack Highlights Rising Insurance Industry Cybersecurity Challenges

Aflac detected and contained a cyberattack affecting sensitive customer data, emphasizing growing cybersecurity risks in the U.S. insurance industry and highlighting the importance of robust incident response and customer protection measures.