Selective Insurance Group’s Q2 earnings fell short of expectations due to a combined ratio above 100%, driven by social inflation affecting casualty reserves. Shares dropped 19%, signaling market concerns over underwriting losses and claims cost pressures in the property and casualty insurance sector.
UnitedHealth Group is under DOJ investigation for Medicare Advantage billing practices. The company cooperates with probes on risk adjustment and compliance in health insurance.
The medical professional liability insurance market is projected to grow from $12.5B in 2021 to $33.7B by 2031, with Asia-Pacific leading growth and advances in claims automation driving adoption.
Q2 auto insurance shopping declines slightly as consumer switching rises, driven by risk-based pricing and bundled policyholders. Northeast shows highest shopping activity.
SBI Life Insurance's Q1 FY26 results reveal a strategic product mix shift driving VNB margin growth amid cost discipline and regulatory vigilance in India's insurance sector.
AultCare will stop offering individual and small group ACA plans after 2025 due to uncertainty over premium tax credits, continuing Medicare Advantage and group coverage.
The expiration of enhanced ACA premium tax credits may double health insurance costs in the individual marketplace, impacting affordability for many consumers.
Post-Helene storm, Western North Carolina confronts significant healthcare, funding, and economic challenges due to federal Medicaid cuts, SNAP reductions, and rising insurance costs.
Tennessee's ACA health insurance premiums are expected to rise 15% in 2026 due to expiring tax credits and rising medical costs, with employer plans also facing cost shifts.
AultCare to discontinue select individual, family, and small group ACA health insurance plans in 2026 due to uncertainty over premium subsidies and rising costs. Impact on 6,000 enrollees in Ohio.
