New and tougher penalties for submitting improper charges on the taxpayers’ tab for Medicare Advantage care could result in a $4.7 billion collection from insurance companies.
Author: Annie George
Industry Insights from Reagan Consulting’s 2023 Best Practices Symposium
During Reagan Consulting’s Best Practices Symposium, several predictions were made about the future of the insurance industry.
AGIA Affinity Welcomes 15-Year Insurance Veteran as President and CEO
AGIA Affinity, a DOXA Insurance Company is pleased to announce that Matt Bishop has joined the team as president and CEO of the company.
U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits
A U.S. appeals court rejected Johnson & Johnson’s attempt to transfer tens of thousands of talc-related lawsuits to bankruptcy court.
California’s Recent Flooding Could Set the Stage for a Dangerous Wildfire Season
California’s landscape has always been appealing, with vast stretches of desert giving way to towering, snow-capped mountains or the waters of the Pacific Ocean.
U.S. Insurers Expected to Increase Investment Risk Tolerance Amid Concerns of Higher Volatility and Inflation
U.S. insurers are expected to increase their risk tolerance and grow portfolio allocations to private assets amid their concerns about higher market volatility and inflation.
Coalition Launches Full-Stack Cyber Insurance Organization
Coalition, today announced the launch of Coalition Insurance Company (CIC), the first full-stack, Active Cyber Insurance carrier.
AIG Fires Interim CFO Mark Lyons for Confidentiality Breach
American International Group said on Monday it has terminated Mark Lyons as interim chief financial officer for violating the company’s confidentiality obligations.
Gallagher Re Pegs 2022’s Insured Nat Cat Losses at $140B
Reinsurance broker Gallagher Re has published its view of 2022’s global natural catastrophe activity and it estimates insured losses from these events aggregate to a cost of $140 billion for the industry.
Insurance Companies Are Refusing to Cover Certain Hyundai and Kia Models
Two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too easy to steal.