INSURASALES

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Florida Approves Major Policy Transfers from Citizens to Private Insurers

Florida regulators approve Southern Oak and American Integrity to assume over 51,000 policies from Citizens Property Insurance, advancing the state's insurance market depopulation strategy and signaling market stabilization.

Patriot Select Assumes 12,000 Florida Homeowners Policies from Citizens

Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.

Equitas SFB and Edelweiss Life Partner to Boost Digital Insurance Inclusion

Equitas Small Finance Bank teams with Edelweiss Life Insurance to offer integrated digital insurance products, enhancing financial inclusion and customer-centric solutions through API-driven platforms.

Security Threat Incident at American Equity Life Insurance Building in West Des Moines

Ohio man charged with terrorism threat after Instagram video at American Equity Life Insurance building in West Des Moines raises security concerns. Incident underscores social media risks for insurance company security and compliance.

Medicaid Work Requirements Drive Coverage Loss and Raise Administrative Costs

Medicaid work requirements proposed in the 2026 budget risk millions losing coverage, increasing administrative costs, and worsening care access for disabled and vulnerable populations, with states like Arkansas and Georgia illustrating key challenges.

Nebraska Could See 54,000 Lose Coverage if ACA Tax Credits Expire

Nebraska may lose 54,000 insured individuals as ACA enhanced tax credits expire and federal tax legislation impacts Medicaid and coverage rates, says latest health policy analysis.

S&P Global Warns Medicaid Cuts Threaten Healthcare Providers’ Financial Stability

S&P Global Ratings warns that proposed Medicaid funding cuts and reimbursement freezes may impact U.S. healthcare providers' financial stability, potentially reducing care access and increasing costs.

NY StateWide Highlights Medicare Doctor Spoofing Scam Targeting Seniors

New York StateWide Senior Action Council warns of Medicare fraud involving doctor spoofing calls targeting seniors, urging vigilance and reporting to curb $60B annual losses.

Medicare Fraud Prevention Week Emphasizes Beneficiary Vigilance

Medicare Fraud Prevention Week spotlights methods to reduce Medicare fraud and errors, with tips from the Senior Medicare Patrol to help beneficiaries monitor their claims effectively.