Life insurance premiums for military personnel, their families, and veterans are set to experience a significant reduction starting on July 1. Service members enrolled in Service Members' Group Life Insurance (SGLI) will witness their monthly premiums decrease from 6 cents to 5 cents per
In an industry-shaking move, NSM Insurance Group, a global specialty insurance provider, has offloaded its US commercial insurance division to New Mountain Capital. The investment firm, boasting over $55 billion in assets, now has ownership of NSM's 15 niche insurance programs across Property
Professional indemnity (PI) claims against solicitors have become a prominent issue within the legal sector, with more than half of PI cases in the High Court directed at these legal professionals. Such trends underscore the significant liability risks faced by solicitors due to the highly
Automating insurance verification holds transformative potential for healthcare payments. This article explores the impact of shifting from manual to automated methods, highlighting the benefits for both practices and patients. By addressing inefficiencies and errors in traditional processes,
Houston homeowners are facing an unprecedented dilemma as home insurance rates continue to skyrocket, leaving many to reconsider their options and contemplate the risky decision of going without coverage. The financial strain is growing unbearable for many residents, forcing a difficult choice
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Today, Simon shares insights into the decision by Bradford to join the County of Simcoe's insurance pool and what this means for the
The aviation re/insurance market in 2025 finds itself in a delicate balance, maintaining stability despite potential disruptions on the horizon. Recent analysis by WTW points to a relatively stable market, avoiding the anticipated hardening that many feared would characterize early 2025. Influenced
State Farm, one of the nation's largest insurance providers, has recently submitted a rate hike request that has raised considerable concern among policyholders and state regulators alike. Insurance Commissioner Ricardo Lara has taken a proactive stance by demanding transparency from State
The Republican Party is currently focusing on reducing federal spending by implementing significant cuts to Medicaid funding. This move potentially threatens health care coverage for millions of Americans. Medicaid, funded jointly by federal and state governments, provides essential health care
Northern California wineries are grappling with the aftermath of devastating wildfires, and the path to rebuilding is fraught with nuanced challenges. As these beloved vineyards assess the damages, one crucial question looms large: Will their insurance provide enough coverage to fully recover? Many
