Tag: Insurance

Northern Light Health Seeks Higher Reimbursement from Anthem Amid Contract Dispute

Northern Light Health may end its contract with Anthem if reimbursement rates do not increase to match inflationary costs, impacting healthcare access in Maine. Ongoing negotiations focus on sustainable payment models between provider and insurer.

Colorado Bill Proposes Pausing Wolf Program to Fund Health Insurance Subsidies

Colorado lawmakers propose pausing the wolf reintroduction program to reallocate funds towards health insurance subsidies amid budget challenges and rising insurance premiums.

Utah Enacts First-in-Nation Law Requiring Parental Consent for Newborn DNA Storage

Utah's HB 363 requires parental consent before newborn DNA samples can be stored or used, setting a precedent in genetic data privacy and newborn screening regulation.

Marsh Launches BrokerSafe for Freight Broker Auto Liability Coverage

Marsh McLennan launches BrokerSafe, an innovative insurance facility offering U.S. freight brokers tailored, stable, and affordable freight broker auto liability coverage leveraging advanced risk analytics.

Mercury Insurance Expands Umbrella Coverage in Florida Amid Rising Bodily Injury Claims

Mercury Insurance launches enhanced umbrella insurance in Florida to address rising bodily injury claims, offering increased liability protection for policyholders' personal wealth.

Athene Leads U.S. Annuity Market Amid Pension Deal Decline and Strategic Shift

Athene Holding sustains leadership in U.S. annuities despite a 19% sales decline and nearly vanished pension deals. Strategic focus shifts to fixed-indexed annuities and defined contribution retirement solutions amid litigation challenges.

Understanding Direct Repair Programs in Florida Insurance Claims

Explore the role of Direct Repair Programs in Florida insurance claims, coverage implications, and the importance of informed decisions in water damage repairs.

State Farm Halts New Home and Business Insurance in California Over Wildfire Risks

State Farm suspends new home and business insurance applications in California due to soaring wildfire risks and rebuilding costs, highlighting challenges in the property insurance market.

Kerr County Texas Floods Spotlight Insurance Challenges, Recovery Hurdles

Severe July 2025 floods in Texas’ Kerr County highlight challenges in flood insurance coverage, permitting, and recovery for rural homeowners. Local officials and residents face steep costs rebuilding amid limited federal support.

Jackson Financial Q2 Highlights Growth in RILA Annuities and Capital Gains

Jackson Financial reports strong Q2 growth driven by RILA annuities and improved capital allocation, signaling positive trends in the U.S. insurance market.