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Sedgwick Expands Service Offerings to Help Employers Cope with Coronavirus

Sedgwick Expands Service Offerings to Help Employers Cope with Coronavirus

While most businesses brace for an economic collapse caused by coronavirus, the outbreak has prompted creation of a new service offering by the nation’s largest claims administrator.
March 13, 2020 Life & Health

Nearly Half of Insured Americans Think They Can’t Afford to Get Sick with Coronavirus

Nearly Half of Insured Americans Think They Can’t Afford to Get Sick with Coronavirus

Nearly half of insured American adults say they’re not confident they could handle costs associated with coronavirus treatment, according to a recent Healthcare.com and YouGov poll. The survey polled nearly 2,500 Americans ages 18 and over.
March 13, 2020 Life & Health

The Sun Is Still Rising

The Sun Is Still Rising

I don’t know about you, but I am sick of COVID-19, commonly called the Coronavirus. I know that is different than being sick FROM the Coronavirus, but I am weary from the onslaught of information and panic related to the disease.
March 12, 2020 Life & Health

Insurers Promise To Cover Coronavirus Tests, Relax Coverage Policies

Insurers Promise To Cover Coronavirus Tests, Relax Coverage Policies

A major health insurance trade group is pledging its member plans will cover doctor-ordered testing for the coronavirus amid rising confusion and concern about who will bear the cost of care in an outbreak.
March 6, 2020 Life & Health

Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?

Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?

The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits.
March 5, 2020 Fraud Life & Health

19 Deaths, Devastation Reported After Tornadoes Tear Through Middle Tennessee

19 Deaths, Devastation Reported After Tornadoes Tear Through Middle Tennessee

Tornadoes killed at least 19 people in Tennessee as violent storms roared through the state late Monday and early Tuesday morning, part of a sprawling system that threatened more severe weather Tuesday all the way from Texas to North Carolina, the Storm Prediction Center said.
March 3, 2020 Auto Life & Health Property Tennessee

Social And Psychological Effects After Flood Claims

Insurance flood claims have a much broader societal impact than on just the property and casualty insurance industry alone — which is another reason why it is critical to start adopting flood mitigation and prevention measures now, a climate expert told a recent conference.
February 27, 2020 Catastrophe Life & Health Property

Unraveling Insurance Issues At Play In The Kobe Bryant Crash

On the morning of Jan. 26, 2020, basketball legend Kobe Bryant and eight other individuals, including his 13-year-old daughter, were tragically killed in a helicopter crash. With the investigation into the cause of the crash underway, thoughts turn to how this incident was insured. Would all the victims have life insurance coverage? Could the helicopter operating company or the helicopter manufacturer be liable in some way?
February 14, 2020 Liability Life & Health

Healthcare Industry Consolidation: Any Consumer Benefits?

South Florida insurance companies and large hospital chains recorded healthy profits and acquired rival companies in an attempt to grow bigger in 2018, a new analysis found, accelerating a race to gain leverage in healthcare pricing negotiations.
January 22, 2020 Life & Health Florida

Florida Lawmakers Seek To Block Insurers From Access To DNA Tests

More than 26 million Americans have voluntarily submitted their DNA for analysis, but a loophole in federal law could allow some insurance companies to get the genetic information.
January 17, 2020 Legislation & Regulation Life & Health Florida

Talent Competition To Figure Strongly In Insurance Next Year

"Winning the war for talent" is a shared objective for both life and non-life insurers next year, according to EY’s 2020 Insurance Outlook.
December 17, 2019 Education & Training Liability Life & Health Property

Insys Executives Owe $306 Million Restitution To Insurers, Prosecutors Say

Insys Therapeutics Inc. founder John Kapoor and other former executives convicted of bribing doctors and lying to insurance companies to boost sales of an opioid painkiller should pay $306 million in restitution to insurers, federal prosecutors said in a court filing.
December 16, 2019 Fraud Life & Health Litigation

Inflated Risk Scores: Inspectors Find $6.7B In Questionable Medicare Payments

A U.S. government watchdog is raising fresh concerns that health insurers are exaggerating how sick Medicare patients are, receiving billions of dollars in improper payments as a result.
December 12, 2019 Fraud Legislation & Regulation Life & Health

Insurance Companies Looking For Billions Of Dollars In Front Of Supreme Court

An Obamacare argument is in front of the Supreme Court this week. Health insurance companies in Maine, Alaska, and elsewhere around the country say they are owed a lot of money by the federal government, roughly $12 billion, because of a deal struck under the Affordable Care Act.
December 10, 2019 Life & Health

Growth Of Telemedicine Slowed By Internet Access, Insurance Billing

Telemedicine has made strides in Indiana since the state passed its first major piece of legislation in 2015, regulating the new technology and requiring private payers and Medicaid to cover telehealth services.
December 3, 2019 Legislation & Regulation Life & Health Indiana
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