Insurance Industry Demonstrates Generosity with Over $1 Billion in Charitable Giving in 2022
Insurance industry’s 2022 charitable endeavors exceed $1 billion, highlighting commitment to philanthropy and community support.
November 16, 2023
Education & Training
Liability
Life & Health
Risk Management
Empowering Insurance in the Digital Age: Leveraging Enterprise Blockchain for Multiparty Business Efficiency
In a rapidly evolving economic landscape, the insurance industry turns to blockchain technology for effective multiparty business process management.
November 13, 2023
Auto
Life & Health
Risk Management
Technology
Shifting Focus: Addressing Overlooked Medication Challenges in Workers’ Compensation
A narrow focus on the opioid epidemic may overlook the risks of non-opioid prescriptions and draw crucial resources away from proactive monitoring and interventions.
November 10, 2023
Education & Training
Life & Health
Risk Management
Workers' Compensation
Digital Innovation Paves the Way for Pet Insurance Breakthrough
With pet insurance awareness low, Spot Pet Insurance has quickly become one of North America’s fastest-growing pet insurers, recently exceeding $100 million in gross written premiums.
November 9, 2023
Life & Health
Property
Risk Management
Technology
Florida
Insurtech Funding Hits Record High in Q3 with Over $1 Billion, Dominated by P&C Sector
The global insurtech sector surpassed US$1.1 billion in new funding during the third quarter of 2023. This growth represented a 19.8% increase.
November 7, 2023
Insurance Industry
Life & Health
Property
Technology
California
Massachusetts
Nebraska Slaps Bright Health with $1M Fine for Claims Mishandling and Newborn Care Denials
Nebraska insurance regulators reported thousands of problems with claims processing, including improper denials and late payments to medical providers.
November 6, 2023
Insurance Industry
Legislation & Regulation
Life & Health
Nebraska
Blue Cross Blue Shield of Illinois Hit with Fines for Network Information Violations
The state has fined Blue Cross Blue Shield of Illinois more than $200,000 over claims the insurance provider failed to provide updated and complete information about providers in its network.
November 6, 2023
Insurance Industry
Legislation & Regulation
Life & Health
Illinois
What Workers’ Comp Can Glean from the Connection of Digestive Health to Mental Wellness
When trying to improve workers’ compensation outcomes, there is a mental health aspect that must be considered. According to a large epidemiological study, 50% of the U.S. population will struggle with a mental health issue at some point in their lives.
October 10, 2023
Education & Training
Life & Health
Workers' Compensation
How Sports Are Insured
While on-field activities get the attention, an army of professionals works behind the scenes to conduct the business of sports. Whether the sport is football, soccer, basketball or even eSports, all have one thing in common — they require insurance.
October 3, 2023
Liability
Life & Health
Risk Management
Workers' Compensation
Spotting the Pitfalls: Understanding Medicare Treasury Claims and Learning How to Avoid Them
The increasing number of U.S. Department of Treasury actions regarding delinquent Medicare Part A and B conditional payment claims is a growing challenge facing non-group health plans (NGHPs).
October 2, 2023
Life & Health
A Crisis in 911 Emergency Call Centers
Every day, thousands of people are put on hold, or calls are not even answered in some cities, due to the staff shortage in call centers.
September 12, 2023
Life & Health
Workers' Compensation
Kroger Commits $1.4B to Settle Opioid Epidemic Litigation
Kroger said Friday that it will pay up to $1.4 billion over 11 years to settle most of the litigation against the grocery giant stemming from the opioid epidemic that has ravaged the U.S. for more than a decade.
September 11, 2023
Liability
Life & Health
Former NBA Player Sentenced to 10 Years for Health Care Fraud Scheme
Terrence Williams, a former member of the Sacramento Kings, has been handed a 10-year prison sentence by a federal judge in Manhattan for orchestrating an elaborate plot to embezzle over $5 million from the NBA’s health care program.
August 4, 2023
Fraud
Life & Health
New York
The Hidden Health Risks of Wildfires
More than 120 million Americans -- one-third of the U.S. population -- have been living under air quality alerts this summer, with citizens in New York City, Chicago, and Detroit at times experiencing some of the unhealthiest air in the world.
July 31, 2023
Life & Health
Air Quality and Health: The Cost of Wildfire Smoke Damage
The economic toll of fires is growing as climate change fuels larger and more intense wildfires in the Western U.S. and Canada. Eight of the top ten most destructive wildfires in U.S. history, in terms of insured property losses, have occurred since 2017.
July 26, 2023
Life & Health
