News
Auto Insurers Struggle With Seamless Cross-Channel Experience, JD Power Finds - Program Business | Where insurance industry clicks
1+ hour, 36+ min ago (445+ words) Published on June 10, 2026 The auto insurance market has shifted from a pricing crisis to an experience challenge, according to the JD Power 2026 U. S. Auto Insurance Study released June 9. As competition intensifies and rates stabilize, insurers are losing ground on customer experience,…...
Providence to Exit Most Insurance Lines in 2027 - Program Business | Where insurance industry clicks
2+ week, 5+ day ago (407+ words) Providence Health Plan announced Wednesday it will end most of its health insurance operations beginning in 2027, citing rising costs, regulatory pressures, and increasing competition from national carriers. The Renton, Washington-based nonprofit health system will stop offering Medicaid, Affordable Care Act…...
AI Exclusions in Insurance Policies Draw Scrutiny as Litigation Expands - Program Business | Where insurance industry clicks
1+ mon, 3+ week ago (471+ words) As generative artificial intelligence becomes more integrated into commercial operations, insurers are adjusting policy language to address emerging risks. At the same time, litigation tied to AI development, deployment, and disclosure continues to grow, prompting broader use of exclusions and…...
Key Facts About the Uninsured Population - Program Business | Where insurance industry clicks
2+ mon, 1+ hour ago (374+ words) Recent data from KFF shows that health coverage levels in the United States remained relatively stable in 2023, even as pandemic-era policies began to phase out. Among individuals ages 0 to 64, 25. 3 million were uninsured, representing a 9. 5% uninsured rate. Both figures remained largely…...
Florida Class Action Alleges GEICO Added Unverified Drivers to Policies, Raising Premiums - Program Business | Where insurance industry clicks
3+ mon, 1+ week ago (303+ words) A Florida policyholder has filed a proposed class action lawsuit against GEICO, alleging the insurer added strangers to her auto insurance policy, resulting in higher premiums. According to the complaint, GEICO uses third-party data sources to identify licensed or permitted…...
Oklahoma Senate Panel Advances Bill Barring Use of Credit Information in Insurance Rates - Program Business | Where insurance industry clicks
4+ mon, 4+ day ago (448+ words) The Senate Business and Insurance Committee on Thursday approved Senate Bill 1435 by a 5-3 vote. Senate Minority Leader Julia Kirt, D-Oklahoma City, authored the measure. The bill would bar insurance companies from considering credit information when setting rates. Credit history currently…...
Liability Claims Surge as Non-Economic Inflation Drives Nuclear Verdicts, Swiss Re Warns - Program Business | Where insurance industry clicks
4+ mon, 3+ week ago (180+ words) Analysis from Swiss Re Institute shows that non-economic inflation now accounts for roughly 60% of U. S. liability claims growth. Unlike traditional drivers such as wage or price inflation, this increase stems from legal system dynamics. As a result, historical loss patterns no…...
New Jersey Comptroller Flags Alleged Conflicts in Public Insurance Funds - Program Business | Where insurance industry clicks
8+ mon, 4+ week ago (564+ words) Acting New Jersey State Comptroller Kevin Walsh has released a report detailing alleged violations in the operation of several public joint insurance funds. The findings point to potential conflicts of interest, procurement irregularities, and concerns over undisclosed relationships between key…...