News
White House proposes nearly flat Medicare Advantage rates
5+ hour, 44+ min ago (577+ words) CMS proposed nearly flat 2027 Medicare Advantage payments, with a base increase of 0.09%, citing billing accuracy and chart review reforms. The change could reduce risk adjustment-driven revenue and pressure insurers, with stocks dipping. Industry groups warn of potential benefit cuts and…...
Vertyx adds AI-powered retention tools to servicing platform
13+ hour ago (423+ words) Vertyx introduced a Borrower Relationship Management feature to help mortgage servicers and investors identify retention opportunities and monitor portfolio performance using AI analytics. " AI Summary Mortgage servicing technology provider Vertyx on Tuesday announced the release of a new Borrower Relationship…...
NEXA Lending launches Agenetic AI tools for loan officers
1+ day, 16+ hour ago (346+ words) NEXA Lending's updated platform delivers automated answers, guideline searches and AI-assisted marketing, with more features coming soon. " AI Summary NEXA Lending announced Monday the rollout of new artificial intelligence tools within its Agenetic AI platform, which aim to support loan…...
Medicare Part B premiums to rise nearly 10% in 2026
2+ mon, 4+ day ago (361+ words) Medicare Part B premiums will rise nearly 10% to $202.90 per month in 2026, with deductibles increasing to $283." AI Summary Medicare officials have announced an increase of almost 10% to premiums for 2026, when the monthly cost will exceed $200. The cost refers to the Medicare…...
Gen Z homeowners more dissatisfied with insurance companies
3+ mon, 5+ day ago (516+ words) A Kin Insurance survey reveals only 32% of Gen Z homeowners are "very satisfied" with their insurance providers, compared to 45% of Gen X and 47% of millennials. Poor customer service and claims handling, rather than cost, are the main pain points for…...
California FAIR Plan seeks insurance premium hike of nearly 36%
3+ mon, 3+ week ago (404+ words) California's FAIR Plan is seeking a 35.8% insurance rate hike due to significant wildfire losses. If approved, the increase would take effect in April 2026, with discounts available for wildfire mitigation efforts." AI Summary Homeowners in California might be facing a steep…...
As long-term care costs explode, a reverse mortgage could help
5+ mon, 4+ week ago (351+ words) As the U.S. population ages, many families are facing long-term care (LTC) issues. Most families either pay for it out of their savings or spend down these savings until they qualify for Medicaid. But there's a group stuck between the two…...
Union Home Mortgage sues 9 ex-employees
10+ mon, 3+ week ago (262+ words) UHM also claims that most of the originators did not follow the clauses of sign on bonus contracts and that group owes it over $100,000. Union Home Mortgage (UHM) is suing nine former employees on claims they breached several agreements, including…...