HomeInsurance

Insurance

Court rules in favor of policyholder in American Select Insurance firearm injury case

But the appellate panel disagreed. Writing for the court, Judge Noah P. Hood explained that...

Tariffs could take a hit on auto insurance rates

Getting behind the wheel is about to get a little more expensive. Tariffs could raise the price of car insurance by nearly ten percent later this year. Getting behind the wheel is about to get a little more...

UnitedHealth CEO Andrew Witty unexpectedly steps down as insurer suspends financial outlook

UnitedHealth CEO Andrew Witty is resigning from his position for personal reasons, the insurance company announced on Tuesday. UnitedHealth also said that it would suspend its 2025 financial outlook due to higher-than-expected medical costs. The move to withhold guidance followed...

California Golden Fleece® Award 2025 Goes to California’s Insurance Disaster – California Globe

The envelope please… And the 16th California Golden Fleece® Award goes to… But first, some context and history. California is in the throes of a self-imposed insurance crisis, with homeowners facing selling because they can’t get insurance. And elected politicians and appointed government officials don’t...

Urbana-based Carle Health to lay off 612 workers, as it winds down its insurance companies – Insurance News

Urbana-based Carle Health is laying off 612 workers as it winds down two of its subsidiary health insurance companies. Carle Health – a system that includes eight hospitals in central Illinois – announced earlier this year that its insurance company subsidiaries Health Alliance and...

Mitsui Direct Accelerates Transformation of Claims Operations by Migrating to Guidewire Cloud Platform

Mitsui Direct Accelerates Transformation of Claims Operations by Migrating to Guidewire Cloud Platform Guidewire announced that Mitsui Direct General Insurance Co., Ltd. (hereinafter "Mitsui Direct"), a direct-channel non-life insurance company and member of the MS&AD Insurance Group, selected Guidewire ClaimCenter on Guidewire Cloud Platform...