Tag: Insurance

Insurance Telematics Market to Reach $41.3B by 2034 with North America in Lead

Insurance Telematics Market to Reach $41.3B by 2034 with North America in Lead

Explore how the insurance telematics market is set to grow to $41.3 billion by 2034, driven by UBI models, cloud computing advances, and North American market leadership.

PRA Reviews FundedRe Regulatory Treatment Amid Market and Risk Concerns

The PRA is assessing FundedRe transactions' regulatory treatment to address risk underestimation and market competitiveness in the UK insurance sector.

New York Life Advances AI-Driven HR Innovation and Career Development

New York Life integrates AI to modernize HR functions with its Career Hub platform, enhancing internal mobility, gig projects, and employee upskilling within the insurance sector.

Johns Hopkins Medicine Ends Contract Talks with UnitedHealthcare Over Treatment Terms

Johns Hopkins Medicine ends contract negotiations with UnitedHealthcare after eight months amid disputes over treatment refusal language in employer-based insurance plans. Highlights payer-provider tensions over network participation and patient access.

Mercury Insurance Advises Texas Drivers on Reducing Rising Auto Premiums

Mercury Insurance offers actionable tips for Texas drivers to lower auto insurance premiums amid rising costs influenced by weather events and inflation.

AI Drives Dividend Growth and Efficiency in U.S. Insurance Sector

Explore how AI integration in U.S. insurance companies is boosting operational efficiency, premium growth, and dividends for investors.

Purbeck Warns SMEs to Boost Due Diligence Amid Rising M&A Failures

Purbeck Insurance Services reports a rise in SME business failures linked to mergers and acquisitions in 2024, urging stronger due diligence and Personal Guarantee Insurance to manage risks.

Funding Cuts Threaten World Trade Center Health Program for 9/11 Survivors

Funding cuts and staffing reductions imperil the World Trade Center Health Program, risking care for 9/11 survivors and responders. Congressional action is critical.

Verisk Reports Sharp Rise in Catastrophe Losses; NJ Workers’ Comp Managed Care Focuses on Specialized Networks

Verisk's 2025 report highlights a 25% rise in global annual catastrophe losses driven by frequent smaller events. NJ's workers' comp sector emphasizes specialized Managed Care Organizations for improved occupational injury care and claim outcomes.

1891 Financial Life Seeks Board Candidates to Guide Strategic Future

1891 Financial Life is recruiting new board members to enhance governance and advance its mission in faith, family, community, and financial protection within the insurance industry.