As the climate crisis worsens, American households are facing the brunt of increasing insurance rates and growing difficulties in securing coverage. The escalating frequency and severity of natural disasters have resulted in significant financial losses for insurance companies, compelling them to
It’s every entrepreneur’s worst nightmare: discovering your product has malfunctioned and caused extensive damage. Leah Caplanis, CEO of the sparkling wine brand Social, faced this exact situation when her beverages began exploding after distribution. After securing a contract with Costco and
Colorado's health insurance programs are currently facing a significant challenge due to the unexpected and prolonged delay in the disbursement of $339 million in federal funds promised by the U.S. Department of Health and Human Services. This allocation, intended to support initiatives to make
Atlantic Coast Life Insurance Co. (ACL) has recently found itself at the center of a significant legal and regulatory battle. The company's ongoing disputes with state regulators in South Carolina and Utah have raised questions about its financial stability and corporate governance. This article
Wall Street firms, such as KKR & Co. and Apollo Global Management Inc., are aggressively capitalizing on Japanese life insurance savings, leveraging innovative reinsurance deals to manage significant portions of the $5.8 trillion in individual life and annuity policies within Japan's vast insurance
As the challenges related to rising costs in construction materials, labor, and reinsurance amplify, Nevada's residents will soon experience significant hikes in their insurance rates. Recently, the Nevada Division of Insurance (DOI) approved rate increases for over 130,000 Nevadans, primarily
