We live in a time of rapid technological change, and industries of all kinds are being disrupted across the globe. The exponential growth of new technologies has enormous potential to transform the way we do business and it’s having a major impact on the insurance industry.

Chat windows, faster policy statements, intuitive agent portals and robotic technologies are among the new generation of weapons insurers intend to use to compete with “born-digital” companies.

DULUTH — A northeastern Minnesota county commission on Tuesday, Nov. 14, is expected to approve a lawsuit against the pharmaceutical companies that make synthetic opioids in an effort to recover some of the social and public costs from the drug addiction crisis that is rocking the nation.

Insurance regulators in many states are starting to look into last minute health plan rate increases to compensate for the elimination of Affordable Care Act subsidies.

A pronounced fraud and abuse trend in recent years involves fabricated and often useless tests to diagnose the health of muscles and nerve cells that control them.

President Trump recently announced that he was pulling the plug on $7 billion a year in federal cost-sharing subsidies to insurance companies selling individual policies to lower-income Americans, but today a pair of influential senators announced a bipartisan compromise that, if approved, would restore those payments for two years, while also giving states more flexibility with rules under the current law.

President Donald Trump plans to end a key set of Obamacare subsidies that helped lower-income enrollees pay for health care, the White House said Thursday, a dramatic move that raises questions about the law’s future.

The U.S. Labor Department Bureau of Labor Statistics (BLS) just published data as of August 2017 on detailed insurance industry employment, and the Insurance Information Institute (I.I.I.) website contains updated multi-decade trend data in chart form.

At not-food-in-food recall on Monday night covers 38,475 pounds of ground turkey, including the Publix store brand, that might have metal shavings from the processing equipment. In addition to Publix ground turkey and ground turkey breast in 1.3-pound styrofoam trays, 1.2-pound trays of Fit & Active Fresh Ground Turkey and 1-pound trays of Weis Markets Fresh Ground Turkey Breast are covered in the recall. All have ink jet printing on the side of the trays with the numbers 7268 and 7269.

Upstate New York-based coffee brand Death Wish Coffee has recalled all of its Nitro Cold Brew canned coffees due to a slight risk of the toxin that can cause botulism.

Reports of dressers tipping over, including one falling on two 3-year-olds, has prompted Target to recall about 178,000 Room Essentials four-drawer dressers.
Five dressers or chest of drawers sold by Target have been recalled in 2017 as tip-over hazards.

When Insys Therapeutics got approval to sell an ultra-powerful opioid for cancer patients with acute pain in 2012, it soon discovered a problem: finding enough cancer patients to use the drug.

Hurricane Harvey’s whipsaw of wind and rain across Houston and the Texas Gulf Coast hurt the shares of U.S. property and casualty insurers on Monday as Wall Street analysts estimated insured losses as high as $20 billion.

The flooding from Hurricane Harvey, which has wreaked havoc in Texas, is both catastrophic and historic. The reported death toll rose to at least nine Monday, and officials were projecting that as many as 30,000 people will ultimately be evacuated from flooded homes in Houston and other cities and towns in the state.

Insurance claims for dangerous reactions to foods like peanuts, eggs and dairy have increased by nearly five times over the past decade.
The rate of reports of severe allergic reactions to foods like peanuts has increased by nearly five times over the past decade, according to a new analysis of private insurance claims.