Proposed Legislation for MCCA Openness In an effort to bring about greater transparency within the Michigan Catastrophic Claims Association (MCCA), State Senators Mary Cavanagh and Rosemary Bayer have recently presented new legislative proposals that aim to hold the MCCA accountable to the public.
The insurance industry is being revolutionized by IoT technology. Once just offering policies online, like Progressive Insurance in 1997, the sector now leverages a steady flow of data from IoT devices in cars, homes, and on people to transform risk management and pricing models. The traditional
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. insurance market is on an impressive growth trajectory, with predictions suggesting it could swell to $2.83 trillion by 2029. This expansion represents a Compound Annual Growth Rate (CAGR) of 6.95%. It's the strength of both the life and non-life insurance sectors that is driving this
