INSURASALES

Tag: Regulatory Compliance

UnitedHealth CEO Andrew Witty Retires Amid Financial Challenges

UnitedHealth Group's former CEO Andrew Witty retires following financial setbacks and leadership transition. CEO Stephen Hemsley initiates independent reviews of risk adjustment and managed care practices.

DOJ Arrests Two for $4.8M Medicare Hospice Fraud Scheme in California

The DOJ arrested two West Covina women for a $4.8 million Medicare fraud scheme involving false hospice care claims. This case underscores challenges in hospice billing and Medicare oversight.

U.S. Files False Claims Act Complaint Over Medicare Genetic Test Billing

U.S. government files False Claims Act complaint against medical billing company for submitting false Medicare claims related to unnecessary genetic tests.

Mobile App Tracking Influences Auto Insurance Pricing Dynamics

Explore how mobile app tracking impacts auto insurance pricing and the regulatory challenges insurers face leveraging driving data for risk assessment.

The Hartford and QBE Advance Telematics and Cyber Coverage for Evolving Risk Landscapes

Explore how The Hartford enhances telematics initiatives with people-centric strategies and how QBE addresses SEC cyber disclosure gaps with new insurance coverages, supporting risk management for insurers and clients.

7% of U.S. Homeowners Lack Property Insurance Due to Cost Barriers

Federal Reserve data shows 7% of U.S. homeowners are uninsured due to high property insurance costs, highlighting market and regulatory challenges.

Slide Insurance CEO Pay Surpasses Peers Amid Florida Market Growth

Slide Insurance's CEO Bruce Lucas received over $21 million in 2024, exceeding typical pay in Florida's public insurers during its IPO filing. This highlights compensation trends amid Florida's property insurance growth and regulatory environment.

Travelers to Sell Canadian Personal and Commercial Insurance Businesses for $2.4B

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 Increases Oversight to Prevent Improper Medicaid Spending on Noncitizens

CMS ramps up oversight to stop misuse of Medicaid funds for noncitizen coverage, enforcing federal eligibility rules and recouping improper spending.

UnitedHealth Eyes Recovery Amid Medicare Scrutiny and Rising Costs

UnitedHealth faces DOJ investigation and Medicare scrutiny amid rising medical costs, yet diversification through Optum supports potential recovery in 2025.