Health insurers reduce prior authorization by 6.5 million
The decline in prior authorization use follows a June 2025 commitment by more than 40 insurers to streamline approval processes.…
Category: Home Loan
Insurer sues excess carrier for refusing to cover $8 million restaurant judgment
On June 9, 2021, the slip-and-fall occurred. The injured party, Melissa Melvin, sued. On September 19, 2023, a verdict of…
Insurance and healthcare costs top US worries
Gap between healthcare and the economy widens for the first time in years Source link
Medicare plans confront switching pressure as obesity drug demand rises
Interim pathway before Part D rollout Ahead of the BALANCE Model, CMS is implementing a separate bridge program to provide…
Florida court denies property manager of workers’ comp immunity shield
Here’s the missing piece in the contractor chain that doomed the defense Source link
California charges 21 in Medi-Cal hospice fraud case
Fourteen hospice firms allegedly used to bill under stolen identities Source link
GEICO wins in settlement demand fight
The dispute traces back to a 2022 motor vehicle collision in which Abdel-Rahman says he was seriously injured by Patricia…
Floridians pay 181% more for home insurance than US average – report
How Florida homeowners’ insurance compares to other states Florida’s costs remain far above other states. Oklahoma, the second most expensive,…
The era of cyber insurance repricing has closed, and what replaces it will decide margins
The Insurance Business Cyber LOB Report, “The U.S. Cyber Insurance Market: Evolution of Underwriting, Claims and Strategy,” provides a comprehensive view of the market…
US Treasury sounds alarm on Anthropic AI as experts warn Mythos could accelerate cyber threats
Earlier this week, the Financial Times reported that senior US officials had raised concerns about the cybersecurity implications of a…
Confidence collapses as inflation climbs
The University of Michigan’s preliminary April reading, down from 53.3 in March and below analyst expectations, marks the lowest level…
Growing market complexity and hype
In this edition of Insurance Business TV, we catch up with Jenna Contreras of Allianz Commercial to look at how…