Ex-Life Broker Sentenced for $707K Fraud and Tax Evasion in Ohio
Ronald Daley, former life broker, sentenced to 54 months for $707K fraud and tax evasion, underscoring risks in life brokerage and importance of compliance.
Plymouth Rock Assurance Enhances Homeowners Insurance Profitability with Targeted Non-Renewal Strategy
Plymouth Rock Assurance implemented a targeted non-renewal strategy to improve homeowners insurance profitability, enhancing loss ratios by 14.5 points across key states during volatile market conditions.
Vehicle Thefts in U.S. Decline 23% in First Half of 2025, NICB Reports
The National Insurance Crime Bureau reports a 23% drop in U.S. vehicle thefts in the first half of 2025 due to enhanced anti-theft technology, law enforcement efforts, and market changes.
Government Shutdown Turmoil Threatens ACA Programs and Insurance Industry Stability
A government shutdown places the Affordable Care Act at risk, potentially causing significant premium hikes and insurance market instability.
US Poll Shows High Health Insurance Satisfaction Despite Coverage Delays
New NBC News poll finds 82% of U.S. adults satisfied with health insurance, yet coverage denials and delays affect nearly 25%. Insights into Medicare, Medicaid, and private insurance satisfaction rates.
Medicare Advantage Chart Reviews Drive Higher Diagnoses and Federal Payments
KFF research reveals widespread use of chart reviews in Medicare Advantage, increasing diagnoses and boosting CMS payments with AI-driven risk adjustment implications.
Malibu Life Expands Into Annuities with TruSpire Acquisition and Sector Moves by Pacific Life and Lincoln Financial
Malibu Life Holdings acquires TruSpire Retirement Insurance, expanding into direct annuity issuance by mid-2026. Pacific Life settles IUL lawsuit and adds FIAs, while Lincoln Financial advances Rila platform development.
IFRS 18 to Transform Insurance Financial Statements and Disclosure Requirements
IFRS 18 introduces new financial statement presentation and disclosure requirements for insurance companies, including operating profit subtotals and management-defined performance measures, effective 2027.
ClaimPix Auto Insurance Data Breach Exposes Millions of Customer Records
ClaimPix, an auto insurance claims platform, experienced a major data breach exposing over 5 million customer files including personal info, vehicle details, and Power of Attorney documents. The breach raises significant risks of identity theft and vehicle cloning in the insurance sector.
Advantage Insurance Highlights PPLI's Strategic Role in Global Wealth Planning
Explore how Advantage Insurance leverages Private Placement Life Insurance (PPLI) for global wealth planning, offering tax efficiency, asset protection, and flexible cross-jurisdictional solutions for high net worth clients.