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  • Humana Reasserts Challenge Against Downgrade of US Medicare Star Ratings

    Humana Reasserts Challenge Against Downgrade of US Medicare Star Ratings

    July 22, 2025 | 10:35pm

    On Monday, Humana (HUM.N) filed a new lawsuit challenging the U.S. government’s decision to lower the health insurer’s star ratings for its government-backed Medicare plans, following the dismissal of an earlier challenge on technical grounds.
  • U.S. Insurers Propose Biggest Obamacare Premium Hike Since 2018, Study Finds

    U.S. Insurers Propose Biggest Obamacare Premium Hike Since 2018, Study Finds

    July 22, 2025 | 10:10pm

    U.S. health insurers are seeking the steepest premium hikes for Obamacare plans since 2018, driven by concerns over the possible expiration of premium subsidies and looming tariffs on medical products, according to an analysis by health policy research group KFF.
  • Flood Re Faces Rising Reinsurance Costs Amid Surge in UK Flood Claims

    Flood Re Faces Rising Reinsurance Costs Amid Surge in UK Flood Claims

    July 21, 2025 | 08:41pm

    Flood Re—a collaborative initiative between the UK government and insurers aimed at enhancing the affordability of flood insurance for homeowners—has experienced a dramatic surge in reinsurance premiums and claims-related expenditures.
  • Insurance Supervisors Push for Unified Approach to Disaster Loss Funding

    Insurance Supervisors Push for Unified Approach to Disaster Loss Funding

    July 17, 2025 | 10:32pm

    As natural disaster losses continue to rise, bridging the so-called protection gap will require strong collaboration between the public and private sectors—not limited to the insurance industry—according to the head of a global organization of insurance supervisors.
  • Air India Junior Pilot Questioned Captain Over Fuel Switch Shutdown

    Air India Junior Pilot Questioned Captain Over Fuel Switch Shutdown

    July 17, 2025 | 09:52pm

    A cockpit voice recording from the ill-fated Air India Flight 171 reveals that the junior co-pilot questioned the senior pilot about switching off the aircraft’s fuel supply, according to sources familiar with the investigation.
  • Liberty Specialty Unveils New Crypto Insurance Solution for Financial Institutions

    Liberty Specialty Unveils New Crypto Insurance Solution for Financial Institutions

    July 16, 2025 | 10:32pm

    Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has announced the launch of a specialized insurance product designed to support financial institutions engaged in the rapidly growing cryptocurrency sector.
  • US Life Reinsurance Fueled by Insurers Pursuing Growth and Capital Efficiency

    US Life Reinsurance Fueled by Insurers Pursuing Growth and Capital Efficiency

    July 16, 2025 | 09:58pm

    Continued growth in U.S. reinsurance in 2024 was driven by strategic collaborations between re/insurers and alternative investment managers, increased utilization of offshore platforms, and a fourth consecutive year of record-breaking annuity sales.
  • Louisiana Law Mandates Insurers to Reveal Past Policy Premiums

    Louisiana Law Mandates Insurers to Reveal Past Policy Premiums

    July 16, 2025 | 09:18pm

    A new Louisiana law now requires insurers to disclose the previous policy’s premium whenever they issue a renewal to a policyholder.
  • He Claimed $300,000 in Travel Insurance Losses — Then Came the Arrest

    He Claimed $300,000 in Travel Insurance Losses — Then Came the Arrest

    July 13, 2025 | 09:18pm

    Oscar Rafael Ruiz spent 2023 and 2024 globe-trotting, losing luggage again and again—and claiming close to $300,000 from travel insurers along the way.
  • Husband and Wife Jailed Over $20 Million Insurance Scam

    Husband and Wife Jailed Over $20 Million Insurance Scam

    July 13, 2025 | 09:04pm

    A Maryland couple has been sentenced to 12 and 4 years in prison, respectively, following their convictions for orchestrating a $20 million insurance fraud scheme.
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