HomeInsurance

Insurance

Life insurers rush to take advantage of AI’s potential – Insurance News

When its impact is considered in one word, artificial intelligence equates to efficiency. The insurance world is full of tasks that can be made more efficient, from customer service on the front end to underwriting on the back end. So, it’s not surprising that...

Marsh says P&I clubs remain cautious despite strong capital buffers

The outlook for the 2026 renewal season remains uncertain.Marsh’s 2025 P&I Club Update highlights that most Protection and Indemnity (P&I) clubs see technical underwriting performance as their main concern, with mixed expectations for the year ahead. Crew availability and reserve adequacy also ranked high...

Q&A: Blue Cross CEO Tricia Keith on what's driving double-digit health insurance increases

Question: Tell me about the state of your business here at Blue Cross. · Answer: · Q: How do you, as the insurance company, deal with the upstream costs ... Source link

Southeast Minnesota seniors see fewer options for Medicare Advantage coverage next year – Post Bulletin

ROCHESTER — The Medicare Advantage landscape for Rochester-area seniors has changed, with some insurance providers leaving the local market and Mayo Clinic exiting UnitedHealthcare's and Humana's networks.Open enrollment for 2026 Medicare Advantage plans...

36,000 Mainers’ Medicare Advantage plans will be canceled next year

More than 36,000 Mainers are poised to be dropped from their Medicare Advantage plans in January, as insurers exit certain parts of the state or cut some statewide plans entirely, according to the Maine Bureau of Insurance. Insurance companies will notify individual members about...

AM Best Affirms Credit Ratings of Luen Fung Hang Insurance Company Limited – Insurance News

HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Luen Fung Hang Insurance Company Limited (LFH) (Macau). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect...