A major change in the insurance industry is coming.The industry is expected to grow from a billion to one trillion in the next 15 years, according to a new report by insurance giant Allstate, citing industry estimates.It’s the largest single category of jobs created by the industry in the last three decades.The insurance industry has […]Read More
Insurers’ plans for 2016 are shaping up to be more than just a continuation of the business of insurance.They are also shaping up as the biggest annual conferences in the insurance industry, with hundreds of industry leaders and analysts expected to participate.The Insurance Industry Association, which represents major insurers, is scheduled to hold its first […]Read More
Private insurance companies are bracing for the threat of new technology that could render their own data useless.They’re planning to keep pace with the growing digital world, with a range of devices including smartphones, wearables and the internet of things, as well as the growing threat of hackers who can steal their data.As a result, […]Read More
Health insurance companies like Anthem and Aetna, which were among the largest insurers to exit the Affordable Care Act marketplaces, have been vocal about the law’s impact on premiums and out-of-pocket costs.They have said that the cost of health insurance is now significantly higher than it was in 2015, and that the industry is experiencing […]Read More
The US insurance industry is in turmoil, with a new climate change study finding the industry is “at a crossroads”.
Insurance industry analysts have forecast a major fall in the insurance market as global demand for affordable health insurance declines, as a result of rising temperatures, rising CO2 emissions and the impact of CO2-driven storms and floods.The report by the Institute for Health Policy and Research (IHPR) warns that the industry has “taken a huge […]Read More
Back in the future, a group of young adults from across the globe gathered in the heart of New York City for a weekend event dubbed the “Back to the Futurists” conference.While many attendees were dressed in the “future” fashion of a future-themed sci-fi movie, many were dressed as scientists, cosmologists, and physicists.The event, dubbed […]Read More
Insurance companies are trying to get more people to buy insurance on the federal exchange, but a study shows that they’re often less than they advertise.In fact, insurance companies have been so aggressive they’ve made misleading claims about what they pay.The National Geographic report, “The Big Lie,” details how insurance companies lie to customers.Read more […]Read More