Tag Archives: insurers

US health care system benefits insurers, not patients – money.andronezia.com

Could this be the year America starts moving away from the employer-sponsored health insurance model? To be sure, healthcare is an issue that concerns most people. Whether it’s accessing treatment or paying for health care services, few people are free from the anxiety that comes when they or a loved one has to undergo treatment… Read More »

LexisNexis Auto Insurance Trends Report Highlights U.S. Auto Insurers’ Challenges in a Hard Market – money.andronezia.com

The 2023 report shares data insights that span the auto insurance ecosystem to help carriers weather the storm ATLANTA, May 11, 2023 /PRNewswire/ — Today, LexisNexis® Risk Solutions released the 2023 US Auto Insurance Trends Report, which compiles annual market data on driving behavior, consumer auto insurance spending, underwriting, and claims to help insurance carriers… Read More »

Insurers, hospitals, NHA readying initiative to making all health insurance claims cashless – money.andronezia.com

Insurance companies, hospitals, the National Health Authority (NHA), insurance regulator IRDAI, and other stakeholders have started discussions for a mechanism that will eventually facilitate the making of all cashless health insurance claims in the country. “Idea [behind the proposal] whether there will be no reimbursement claims is to be seen, everything has to be cashless… Read More »

Insurance Regulator Studies Risk Disposal Rules for Property Insurers – money.andronezia.com

7 mins ago Business 2 Views What’s new: China is studying rules to regulate risk disposal by property insurers to establish a standardized, market-oriented mechanism, according to a senior regulatory official. Regulators will mobilize resources to advance risk disposal by high-risk insurers and work on regulations to build a well-functioning mechanism for standardized, market-oriented, rules-based… Read More »

Florida’s Insurance Commissioner won’t say when and how insurers can alter estimates – money.andronezia.com

TAMPA, Florida (WFLA) — Things are still not getting back to normal for the many Floridians who were hit hard by Hurricane Ian more than six months ago. Many families struggle to navigate the confusing claims process and pay for home improvements. 8 On Your Side Investigator Mahsa Saeidi is pushing for state regulators to… Read More »

They pushed back when their insurers refused to cover costly treatments – money.andronezia.com

Ted Fristrom, 52, a British professor living in Bala Cynwyd, Pa., has severe nasal polyps and asthma. In 2019, she started taking Dupixent, an injectable drug that changed her life, allowing her to breathe, smell and stop using asthma and sinus medications. In October 2022, her Dupixent prescription needed to be legalized again, but calls… Read More »

Insurers slashed Hurricane Ian payouts far below damage estimates, documents and insiders reveal – money.andronezia.com

The Washington Post Exclusive A Washington Post investigation has found that some policyholders had their claims cut by more than 80 percent March 11, 2023 at 10:06 a.m. EST (Illustration by Emily Sabens/The Washington Post; Ricardo Arduengo/Getty; document obtained by The Washington Post; iStock) Comment on this story Comment FORT MYERS, Fla. — When insurance… Read More »

10 insurers with the highest average total shareholder return – money.andronezia.com

3 mins ago Business 1 Views The top three insurers in our ranking had a combined average total shareholder return (TSR) of 33% between 2017 and 2021 (latest data available). P&C is the most common sector among the top 10, followed by L&H and Multiline. Browse to see which companies made the top 10 and… Read More »

Premium price data needed ‘to keep insurers honest’ – money.andronezia.com

The Alliance for Insurance Reform says it is starting to see auto insurance premiums creeping up again, despite a large reduction in the costs involved in settling claims. This follows Central Banks introducing a ban last year on what is known in the industry as price walking. This means insurers cannot charge consumers who are… Read More »