Insurance

The potential 25 percent reduction in Medicaid funding proposed in a Republican-backed federal budget has sparked significant concerns among federal, state, and local leaders about the future of healthcare in Illinois. This drastic budget cut threatens to strip nearly one million residents of their

The life insurance industry is undergoing a transformative shift with the adoption of wearable technology and third-party data. Traditional underwriting methods, which heavily relied on medical exams and lab tests, are being replaced by more efficient and accurate data-driven approaches. This

The global commercial property insurance market, which was valued at USD 247.80 billion in 2022, is anticipated to experience significant growth over the coming years. Forecasts predict a Compound Annual Growth Rate (CAGR) of 10.39% from 2023 to 2028, driven by the growing recognition among

The rising cost of private medical insurance in Malaysia is a growing concern for many. With medical claims surging and the complexity of insurance policies, stakeholders are seeking innovative solutions to curb expenses and enhance patient care. One promising avenue is the adoption of digital

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

The global casualty reinsurance market is currently navigating a complex landscape marked by the challenges of social inflation and growing reserve concerns. Despite these pressures, capacity remains abundant, driven by investor interest and structural advantages inherent in casualty lines. The