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Did Your Health Insurance Claim Get Denied? AI Might Be to Blame

For Neal Shah, the breaking point came during his wife's cancer treatment.  He remembers being overwhelmed, surrounded by stacks of hospital bills, denial notices and insurance statements. When he and his wife tallied everything -- from monthly premiums and out-of-pocket costs to uncovered...

County concerned after fair forgets to pay insurance premium – Insurance News

FINDLAY — The Hancock County Fair Board neglected to pay a $46,000 liability insurance premium on time, a lapse that raised concern among county commissioners about potential legal exposure. At the Nov. 20 meeting of the Hancock County Board of Commissioners, Commissioner Jeff Hunker...

US regulators ‘taking seriously’ allegations of bankers’ support for Epstein | Banking

US regulators say they are taking allegations that top banks may have facilitated Jeffrey Epstein’s criminal activity “very seriously”, as they faced calls to investigate executives including the former Barclays boss Jes Staley.In correspondence seen by the Guardian, bosses from the Office of...

Potential Oligopoly: a deep dive into competition in homeowners insurance

By JC Hallman, Oklahoma Watch As the Oklahoma homeowners insurance market has come under intense pressure, Insurance Commissioner Glen Mulready has said that the market is highly competitive, citing the total number of insurers in the market — about 100 licensed to write policies and 50...

Large companies’ innovative benefits programs help midsize firms expand offerings

Large employers historically have led innovations in employee benefits, as their size provides credible samples for experimentation, while midsize employers generally take advantage of lessons learned by their larger brethren as they move into uncharted territory. For example, large employers were among the earliest...

Piraeus completes acquisition of Ethniki Insurance

Piraeus Financial Holdings S.A. has announced that its subsidiary, Piraeus Bank S.A. (Piraeus), has completed the acquisition of 100% of the shares of Ethniki Insurance’s parent company, Ethniki Holdings S.à.r.l., from CVC Capital Partners Fund VII and the National Bank of Greece. This follows...