CMS Issues Transformative Final Rule for Medicare Programs Effective 2026
The CMS final rule effective 2026 will modernize Medicare Advantage and Part D, enhancing drug coverage and establishing more robust regulatory frameworks.
Pathlight Capital Provides $210M Credit Facility to Spring Venture Group
Pathlight Capital serves as the Administrative Agent in a $210 million credit facility for Spring Venture Group, fueling expansion in the Medicare insurance sector. Discover more about this strategic financing solution and its impact on the insurance market.
Bipartisan Push to Extend U.S. National Flood Insurance Program Through 2026
Bipartisan members of the U.S. House introduce legislation to prevent the expiration of the National Flood Insurance Program, aiming to stabilize flood insurance coverage until 2026.
Lockton Cos. Appoints Devin Beresheim as U.S. Risk Solutions Leader
Devin Beresheim takes on the role of U.S. risk solutions leader at Lockton Cos., overseeing property and casualty along with professional and executive risk practices, enhancing the company's market position.
TAU Launches New Property & Casualty Division to Diversify Offerings
Transatlantic Underwriters (TAU) expands its offerings with a new Property and Casualty division, led by Bernadette Flores. Discover how this move positions TAU to capture new markets in the changing U.S. insurance landscape.
MSP Recovery's Fiscal Turmoil: Surge in Revenue Overshadowed by Expanded Losses and Legal Challenges
MSP Recovery reports fiscal year and Q4 2024 results marked by a 136% increase in revenue to $18.2 million but overshadowed by a $1.556 billion net loss and significant legal challenges. Discover key developments in financial restructuring and legal disputes.
Amwins Launches Excess Casualty Sidecar Program to Broaden Industry Coverage
Amwins introduces a new Excess Casualty Sidecar Program offering robust coverage across various industries in the U.S., enhancing flexibility and protection for clients in a dynamic market.
NSM Insurance Group Divests U.S. Commercial Division to Enhance Focus on Specialty Lines
NSM Insurance Group has divested its U.S. commercial insurance division to New Mountain Capital, marking a pivotal shift to focus on specialty insurance lines and strategic acquisitions.
Travelers Cos. Demonstrates Strong Q1 Performance Amid Catastrophe Losses
Travelers Cos. Inc. reports strong fiscal Q1 results with underwriting gains and increased investment income offsetting high catastrophe losses from California wildfires. Learn more about their financial performance and strategic decisions.
Concerns Over Rural Hospital Financial Health Amid Proposed Federal Budget Cuts
Exploring how proposed federal budget cuts of $880 billion over the next decade might affect the financial health and service availability at rural hospitals across the U.S.