The Southern United States has adopted a novel solution to the issue of paid family leave by fostering legislation that enables private insurers to offer such benefits. This approach, which stems from a National Council of Insurance Legislators model, has led to state-level statutes that empower
Underpricing Risks and Rate Hikes The Initial Pricing Conundrum In Nebraska, insurance regulators Michael Muldoon and Margaret Garrison have noted a concerning trend in Medigap insurance. New players in the market are offering premiums that are 15%-45% cheaper than established companies. Initially
The healthcare sector stands at a pivotal juncture, faced with transformative changes that stand to affect countless individuals. At this critical point is Short-Term Limited Duration Insurance (STLDI), currently a critical option apart from mainstream health insurance policies. The Biden
The U.S. healthcare industry is undergoing a significant transformation as a few large insurance corporations increasingly assert their dominance. The American Medical Association's recent report, "Competition in Health Insurance: A Comprehensive Study of U.S. Markets," paints a
The health of the US commercial insurance sector is reflected through the pattern of policy pricing changes. Recent data from WTW's Commercial Lines Insurance Pricing Survey (CLIPS) for Q4 2023 highlights a significant rise in prices, now exceeding 6%, which marks a clear increase compared to
Grasping the intricacies of life insurance premiums is pivotal for thorough financial preparation. These costs are a complex blend of various determinants, ranging from an individual's age and health status to their professional risk exposure and the specific life insurance variant they opt
