UnitedHealth rejects Medicare Advantage allegation report details

The second division, Programs and Solutions, will cover a range of business lines, including personal lines, Bermuda operations, surety, workers’ compensation, small commercial packages, program and alliance offerings, and Insurtech. Alex Martin, formerly president of Markel Specialty, will lead the division. Martin has been with the company for 19 years and has held positions across…

While investors in private climate data firms may benefit, the broader impact will be felt by policyholders. “Anytime you increase costs for insurers, those costs get borne out by the policyholders,” he said. “Over time, that is going to make insurance more expensive for homeowners and business owners.”  Source link

In Oregon, the company plans to add 83 financial professionals, with positions available in Portland, Lake Oswego, Bend, and Eugene. Additionally, Northwestern Mutual Goodwin, Wright plans to recruit 30 new financial advisers, representatives, and interns in 2025. Source link

 For insurers, this breakdown provides more than just a snapshot of market composition; it’s a call to sharpen strategic focus. With liability lines anchoring the market, competition on pricing, underwriting discipline, and claims efficiency will remain fierce. At the same time, emerging risks – such as advanced driver-assistance systems, autonomous vehicles, and evolving fraud schemes…

As fears of deportation ripple through the construction sector, insurance professionals warn that uncertainty is already shifting coverage terms Source link

In 2023, the US P&C insurance sector recorded a net underwriting loss of $21.2 billion, a slight improvement from the previous year’s $24.9 billion loss. This period also saw the worst underwriting loss in a decade, primarily due to severe weather-related losses, persistent inflation, and rising reinsurance costs. Source link