A recent survey by NEXT Insurance reveals that a staggering 96% of small business owners lack basic insurance knowledge.
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Parametric Insurance: The Trending Alternative Risk Solution
Parametric insurance is emerging as the most in-demand alternative risk solution, offering businesses swift and reliable financial protection against increasingly unpredictable risks.
Product Recall Insurance & The Defective Unit Surge
In 2024, while the overall number of recall events has decreased, there has been a significant rise in defective units, pointing to increased regulatory scrutiny and presenting new challenges and risks for companies across diverse industries.
A&B Insurance Agency Joins Inszone Insurance Services to Enhance Client Offerings
Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, proudly announces the acquisition of A&B Insurance Agency, an agency serving Marin County and the surrounding areas in California.
U.S. Insurance Industry Begins Recovery Amid Surplus Gains and Underwriting Improvements
According to a recent report by Verisk and the American Property Casualty Insurance Association (APCIA), the U.S. insurance industry is showing early signs of recovery, fueled by capital gains and stabilization in underwriting.
Rising ACA Premiums in 2025
The ACA Marketplace is set to see notable premium increases in 2025, with insurers proposing a median hike of 7%. This is driven by several factors that insurance professionals should closely monitor.
Insurance Coverage Critically Impacts Life Support Decisions and Survival in Spinal Cord Injury Patients
A new study reveals that uninsured patients with severe spinal cord injuries are 49% more likely to be taken off life support compared to those with private insurance, posing significant ethical and operational challenges for insurers.
Cyber Insurance at a Crossroads: Navigating Emerging Threats and Opportunities
The cyber insurance market is currently navigating an unprecedented mix of challenges and opportunities. With a heightened threat landscape driven by resurgent ransomware activity and geopolitical instability, the industry finds itself at a critical juncture.
Aetna Expands Fertility Coverage
Aetna, a unit of CVS Health, will broaden its fertility coverage starting September 1, 2024, to include intrauterine insemination (IUI) regardless of a patient’s fertility status.
Confronting the Mental Health Coverage Gap: What Insurers Need to Know About Provider Challenges
The insurance industry is at a critical juncture as mental health care becomes a growing priority for Americans. However, a systemic issue is threatening access to care: a significant number of therapists are leaving insurance networks.