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News
New York City and Insurer to pay $53 million after retirees successfully challenged Medicare copays
5+ hour, 6+ min ago (508+ words) Insurance Business New York City and Insurer to pay $53 million after retirees successfully challenged Medicare copays One of the largest class-action payouts in city history lands as insurers wrestle with a wave of litigation over Medicare Advantage and retiree health…...
FSC calls for FBT exemption on employer-funded health and life insurance
3+ hour, 16+ min ago (746+ words) Insurance Business FSC calls for FBT exemption on employer-funded health and life insurance The election ask that could change how brokers pitch group schemes to business clients Brokers advising commercial clients on group health and life insurance have a specific…...
NSW brokers face a premium gap that policy – not risk – created
5+ hour, 51+ min ago (738+ words) Insurance Business NSW brokers face a premium gap that policy – not risk – created A narrowing political window may be the best chance yet to close it NSW brokers are placing home and contents policies at an average of $4,815 – compared to…...
Anthem Georgia renews radiology deal with Northside Radiology Associates
14+ hour, 38+ min ago (198+ words) Anthem Blue Cross Blue Shield of Georgia and Northside Radiology Associates (NRA) have signed a multi-year agreement keeping radiology services in-network for Anthem members. The companies announced the deal. Anthem is the largest health insurer in Georgia, covering more than…...
Record AFCA complaints mask a worse story in insurer compliance data
6+ hour, 42+ min ago (730+ words) Insurance Business Record AFCA complaints mask a worse story in insurer compliance data Claims handling failures were accumulating well before policyholders reached the ombudsman Rejection of claim complaints for comprehensive vehicle insurance rose 47% in 2025-26, superannuation insurance claim rejection complaints climbed…...
Abbott plan would give Texas small employers a mandate-light health option
15+ hour, 19+ min ago (295+ words) For benefits brokers in the Texas small employer market, the proposal signals a potential new product category where cost has pushed many employers out. TAB said rising insurance costs have put small employers in a difficult position, with many choosing…...
UnitedHealth ranked fourth globally as earnings dropped and a breakup bill looms
15+ hour, 49+ min ago (420+ words) UnitedHealth Group ranked fourth on the 2026 Fortune Global 500, with $447.6 billion in revenue for fiscal year 2025, according to Fortune. That figure was up nearly 12% from the prior year and placed the company behind only Amazon, Walmart, and Chinese state utility State…...
Pennsylvania bill targets dental insurers over binding benefit quotes
1+ day, 8+ hour ago (180+ words) Pennsylvania lawmakers want dental insurers to stand behind their benefit quotes - and pay up when they get them wrong. House Bill 2722, introduced July 30, 2026, would add a dental insurance transparency section to Title 40, the state's insurance statutes. It was referred to…...
Insurance moves: Intact Insurance and Westfield Specialty
17+ hour, 12+ min ago (325+ words) Intact Insurance has created a new commercial trading role in the UK, while Westfield Specialty has expanded its European distribution team into the Nordic region. Intact Insurance has appointed Fraser Edmond (pictured, left) as vice president, commercial sales, distribution and…...
Employers chase cost cuts, leaving benefits brokers at a crossroads
1+ day, 6+ hour ago (787+ words) The most consequential shift in the 2026 renewal cycle isn't the size of the premium increase - it's what employers are now optimizing for when they set that premium, and that shift changes what brokers are actually being asked to do. As…...