Insurance Policy

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Louisiana makes insurers verify deductible payments before claim payouts

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Louisiana makes insurers verify deductible payments before claim payouts

There is no definitive evidence from recent sources or Louisiana insurance regulations, including Louisiana Revised Statutes (La. R.S.) Title 22, that explicitly mandates insurers to verify deductible payments before issuing claim payouts as a statewide requirement. However, the concept of verifying deductible payments aligns with standard insurance practices to ensure policyholders meet their financial obligations … Read more

“Maine Slashes Long-Term Care Insurance Hikes: How a 76% Rate Cap Affects Policyholders”

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“Maine Slashes Long-Term Care Insurance Hikes: How a 76% Rate Cap Affects Policyholders”

The Maine Bureau of Insurance has taken significant steps to mitigate the impact of proposed long-term care insurance rate hikes, particularly those from Genworth Life Insurance, one of the nation’s largest providers. Below is a detailed overview based on recent developments as of July 7, 2025, addressing the scaling back of these increases and their … Read more

‘Not Just a Tool – a Transformation’: How AI Is Rewriting the Insurance Playbook

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‘Not Just a Tool – a Transformation’: How AI Is Rewriting the Insurance Playbook

July 7, 2025 The insurance industry, long perceived as a slow-moving giant tethered to legacy systems, is undergoing a seismic shift driven by artificial intelligence (AI). Far from being just another tool in the toolkit, AI is redefining how insurers operate, interact with customers, and manage risks, creating a more efficient, customer-centric, and innovative landscape. … Read more

Arch Insurance North America Appoints Jeff Kaufmann as Head of Marine

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Arch Insurance North America Appoints Jeff Kaufmann as Head of Marine

July 4, 2025 – Arch Insurance North America has named Jeff Kaufmann as Executive Vice President, Head of Marine, effective July 7, 2025, in a newly created role to spearhead its U.S. marine business. Based in New York, Kaufmann will report to Valerie Turpin, Chief Underwriting Officer for Property, and lead the development of Arch’s … Read more

You Won’t Believe What This 80-Year-Old Did with Her Life Insurance!

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You Won’t Believe What This 80-Year-Old Did with Her Life Insurance!

In a world where life insurance is often seen as a safety net for final expenses, one 80-year-old woman from Nashville, Tennessee, turned her policy into a life-changing legacy that’s inspiring people nationwide. Meet Clara Thompson, a retired schoolteacher whose bold decision with her whole life insurance policy is making headlines in 2025. Her story … Read more

Best Telehealth Platforms for Mental Health Support in 2025: Revolutionizing Care for Beginners

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Best Telehealth Platforms for Mental Health Support in 2025: Revolutionizing Care for Beginners

As mental health awareness grows in 2025, telehealth platforms for mental health support are transforming how Americans access care, offering convenient, affordable, and effective solutions for beginners seeking therapy or psychiatric services. With nearly half of U.S. adults reporting mental health challenges, per a 2025 Harvard Medical School study, these platforms are breaking down barriers … Read more

Generali deal pours fuel on banking merger woes

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Generali deal pours fuel on banking merger woes

The high-profile asset management merger between Italy’s largest insurer, Assicurazioni Generali SpA, and French bank BPCE SA’s Natixis aims to create Europe’s second-largest investment firm, managing €1.9 trillion in assets. Announced in January 2025, the deal has intensified challenges in Italy’s banking sector, already grappling with complex consolidation efforts. Resistance from Generali shareholder Francesco Gaetano … Read more

Insurance Industry Sees Strategic Leadership Moves at Alliant, Ascot, and Kennedys

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Insurance Industry Sees Strategic Leadership Moves at Alliant, Ascot, and Kennedys

  June 20, 2025 – The insurance coverage and authorized sectors are witnessing a wave of strategic management appointments and expansions, with Alliant Insurance coverage Companies, Ascot Group, and world regulation agency Kennedys making important strikes to bolster their groups and market presence. These developments sign a deal with development, experience, and adaptableness in a … Read more

Ron Perelman’s $410 Million Art Insurance Dispute Tests Boundaries of “Invisible Damage” Claims

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Ron Perelman’s 0 Million Art Insurance Dispute Tests Boundaries of “Invisible Damage” Claims

  NEW YORK, June 20, 2025 – A high-stakes authorized battle between billionaire financier Ronald Perelman and a consortium of insurance coverage giants, together with Lloyd’s of London, Chubb Ltd., and American Worldwide Group Inc., is unfolding in Manhattan’s New York State Supreme Court docket, difficult the idea of “invisible injury” in effective artwork insurance … Read more

America Biggest Insurance Companies | Rate Top Professional Liability Insurers in 2025

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America Biggest Insurance Companies | Rate Top Professional Liability Insurers in 2025

America Biggest Insurance Background Context America Biggest Insurance Companies – In the fast-evolving world of insurance, professional liability coverage stands out as a critical safeguard for businesses and professionals facing claims of negligence or inadequate work. With the complexity of modern business risks, selecting the right insurer is paramount. Insurance Business America has launched its … Read more