Survey Shows 76% of Insurers Adopting Generative AI
A recent Deloitte survey indicates that 76% of life and annuity insurers are adopting Generative AI, highlighting the potential and challenges of this technology in the insurance industry.
Florida Faces Insurance Crisis as Hurricane Season Approaches
A study reveals Florida homeowners are facing high claim rejection rates from insurers as hurricane season nears. Authorities are taking action against fraudulent practices.
Impact of the Inflation Reduction Act on Prescription Costs
Explore the influence of the Inflation Reduction Act on Medicare's prescription cost caps, reducing financial toxicity for patients.
Florida House Passes Bill to Repeal No-Fault Auto Insurance
The Florida House passed HB 1181 to repeal no-fault auto insurance, risking higher costs for consumers.
Illinois Homeowners Face Soaring Insurance Premiums
Illinois homeowners are grappling with soaring insurance premiums, increasing 50% from 2021 to 2024, second only to Utah. A report highlights the role of climate change and regulatory issues.
Washington Bill for Consumer Protection Fails in House Committee
A bill to empower Washington's insurance commissioner to order restitution to harmed policyholders fails in the House committee.
Travelers Companies Anticipates Earnings Decline Yet Stock Rises
Travelers Companies set to announce Q1 2025 earnings; stock rises despite expected profit decline.
Milwaukee Patient Challenges Deceptive Healthcare Billing
A Milwaukee patient disputes a $500 bill for an 'establish care' appointment and highlights deceptive billing practices in healthcare.
Hospitals Prepare for Medicare Appeals Changes Effective 2025
Learn about new Medicare regulations affecting hospital status appeals, set to take effect in early 2025, and the implications for hospital finance management.
American Coastal Exits Personal Lines with Interboro Sale
American Coastal Insurance sells Interboro Insurance to Forza Insurance, focusing on commercial property.