#insurance-industry

#insurance-industry

For years, the insurance industry warned that New York's civil justice system was broken. Now it claims the system is fraudulent. Every accident is suspicious. Every injured worker is a potential scammer. Every plaintiff's lawyer is part of a scheme. This sudden moral panic has a name, the fraudemic. And like most panics, it says far more about the people spreading it than the problem itself.

The Senate rejected a pair of partisan measures addressing the impending expiration of Obamacare subsidies, setting up a Jan. 1 spike in health insurance premiums for more than 20 million Americans. With only a few days left before lawmakers leave for their Christmas break and few signs of life in stalled bipartisan negotiations, the failure Thursday of the dueling partisan plans all but guarantees the expiration of enhanced Affordable Care Act tax credits initiated during the pandemic era.

We're beginning to see huge rating agency arbitrage in the insurance business," he said. "In 2007, subprime was all about rating agency arbitrage.

It doesn't influence my thinking,

Transformations in the insurance industry rarely happen without intentional planning and a commitment to human-centered leadership, reflecting a significant risk-averse business culture.

New York Life has received perfect scores of 100% on the Human Rights Campaign Equality Index, evidencing this life insurance company's strong policies and practices related to LGBTQ+ workplace equality.

California policymakers have chased many energy producers out of the state. More than 17% of today's gasoline refining capacity will shut down by early next year, once Valero and Phillips 66 shut down important California refineries.

The health care system remains fragmented and burdened by outdated manual processes, resulting in frustration for patients and providers alike, according to AHIP CEO Mike Tuffin.

Local organizers and climate groups have been fighting the expansion of 'methane export facilities' which they say will intensify climate chaos and environmental racism.