Travelers is selling its Canadian personal and most commercial insurance businesses to Definity Financial for $2.4 billion, closing expected in 2026. The move reflects strategic focus amid wildfire losses.
CMS ramps up oversight to stop misuse of Medicaid funds for noncitizen coverage, enforcing federal eligibility rules and recouping improper spending.
UnitedHealth faces DOJ investigation and Medicare scrutiny amid rising medical costs, yet diversification through Optum supports potential recovery in 2025.
The DOJ has filed a lawsuit against major Medicare Advantage insurers for an alleged kickback scheme and discriminatory enrollment practices affecting beneficiaries with disabilities. The case highlights regulatory issues and market conduct in private Medicare plans.
Jeffrey Cutter appeals SEC ruling on insurance commission disclosure, challenging regulatory requirements under the Investment Advisers Act and McCarran-Ferguson Act limitations.
Sapiens International Corporation has been selected by a leading state-run auto insurance organization to modernize claims operations with its ClaimsPro SaaS solution, signaling growth in AI-driven insurance automation and digital transformation.
Survey reveals young adults have limited knowledge of health insurance options post-graduation, highlighting need for education on dependent coverage and subsidies.
CMS Administrator Dr. Mehmet Oz emphasizes protecting Medicare and Medicaid beneficiaries, targeting fraud, waste, and abuse, and promoting healthy living initiatives under new CMS leadership.
UnitedHealth’s stock rebounds amid DOJ probe and leadership stock purchases, reflecting market dynamics in healthcare, regulatory challenges, and sector shifts.
UnitedHealth Group's 2025 stock decline reflects rising medical costs and DOJ investigations, impacting healthcare sector valuations and Dow index dynamics.
