The landscape of healthcare is undergoing significant changes with innovative models designed to address the affordability and accessibility challenges that many individuals face. One such model, implemented by Whole Patient Care in Winchester, VA, has chosen to forego traditional insurance in
In an era where climate change is significantly increasing the frequency and intensity of natural disasters, the insurance industry faces the formidable challenge of covering such highly unpredictable events efficiently. Sandra DeSilva, an insurance technology veteran, has introduced Mythen, an
The COVID-19 pandemic brought about significant economic instability, leading many individuals to rely on unemployment benefits for survival. Unfortunately, this necessity also opened avenues for fraudulent activities, with some exploiting the system designed to support those in genuine need. One
In 2024, Canadian businesses experienced a devastating financial blow due to severe weather events, marking the second-highest total of commercial insurance losses in the country's history. Data from Catastrophe Indices and Quantification Inc. (CatIQ) revealed that insured commercial losses caused
The earthquake insurance market is gaining significant ground globally, driven by technological advancements and stringent governmental regulations. This burgeoning industry, expected to see an increase in market size from $8.02 billion in 2024 to $10.94 billion by 2029, is experiencing dynamic
New Mexico House Bill 527, sponsored by Rep. Cristina Parajón, a Democrat from Bernalillo, aims to mandate health insurance providers to cover medical cannabis costs. This legislation seeks to amend the state's health insurance codes to include medical cannabis under coverage offered by various
Today, we have Simon Glairy, a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. He joins us to discuss the latest developments at Nirvana Insurance, including their impressive $80 million Series C funding round
The blockchain in insurance market is experiencing rapid growth, projected to escalate from $1.94 billion in 2024 to $3.11 billion in 2025, with a remarkable compound annual growth rate (CAGR) of 60.1%. This explosive increase is attributed to several key factors including enhanced fraud
Insurers are increasingly playing a pivotal role in facilitating the green transformation of businesses. With the urgent need to address climate change and the shift towards sustainable energy sources like wind, solar, and geothermal power, the insurance industry is stepping up to support this
In the increasingly contentious arena of insurance practices, a recent class action lawsuit filed against the Government Employees Insurance Company (GEICO) by Christopher Cude raises significant concerns about the company's accident forgiveness policy. Filed in a Texas federal court, the lawsuit
