Roadzen signs definitive agreement to acquire majority control of a commercial auto insurance broker and MGU operating in California, Texas, Illinois, and New Jersey, expanding its footprint in specialty transportation and commercial vehicle insurance.
Guidewire is acquiring ProNavigator, a knowledge management platform for P&C insurance, to improve workflow efficiency and decision-making. The integration will enhance Guidewire's platform with advanced knowledge retrieval and search capabilities.
Nationwide commits $1.5 billion through 2028 to AI-driven innovations enhancing property and casualty insurance services with secure, scalable technology solutions.
Pacific Life commits $12.3 million to open a new Charlotte office, creating 301 jobs in actuarial, finance, technology, and HR roles. The expansion supports Charlotte's growing reputation as a financial services hub with $5.5M in state tax incentives.
CVS Health closes 16 Oak Street Health locations citing elevated medical costs and CMS risk model changes, reflecting broader strategic shifts in retail healthcare amid financial pressures.
An insurance company, which has insured several New York hospitals and charities, has filed for bankruptcy and is closing its practice after being overwhelmed by lawsuits related to that state’s Child Victims Act (CVA). Bermuda-based Northeast Insurance Company filed for Chapter 15 bankruptcy protection in New York on Oct. 15, seeking U.S. recognition of its ongoing liquidation process in Bermuda.
September Consumer Price Index rose 0.3%, below forecasts, influencing insurance inflation and risk assessment strategies.
Learn about the 2.8% Social Security COLA increase for 2026 and strategic retirement planning tips including annuities, savings, and asset management to optimize income.
Ballad Health sues UnitedHealth Group over alleged Medicare Advantage care denials, coding practices, and reimbursement disputes impacting rural healthcare and insurance contracts.
Minnesota state programs reveal significant fraud due to failures in executive oversight and legislative resistance. Federal investigations highlight ongoing challenges in public program compliance and accountability.
