Yearly Archives: 2026

Falling reinsurance costs could lower Louisiana premiums | News

After years of losses, fortunes have changed in boardrooms in Bermuda and London. Reinsurers, who backstop the global insurance industry, are seeing healthy profits.An extraordinary spate of wildfires, hurricanes and other disasters wreaked havoc on the reinsurance industry...

Nearly 500 Illinois employees to be affected by layoffs

In December, seven companies reported layoff and furlough plans that will affect nearly 500 Illinois workers.The cuts were reported to the Illinois Department of Commerce and Economic Opportunity as part of the Illinois Worker Adjustment and Retraining Notification...

HEALTH INSURANCE CEO CAN’T COMMIT TO SAFE AI PRACTICES IN CONGRESSIONAL HEARING – Insurance News

The following information was released by the office of Illinois Rep. Robin Kelly: Today, U.S. Rep Robin Kelly (IL-02), member of the Energy and Commerce Health Subcommittee, forcefully questioned UnitedHealth Group CEO Stephen Hemsley over his company's authorization process....
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