CompSource Restructuring Faces Ethics Complaint Over $1 Billion Dispute
A proposed restructuring of CompSource Mutual Insurance Company has become one of Oklahoma’s most closely watched insurance disputes after an ethics complaint was filed against Insurance
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Erie Insurance Revenue Reaches $862.9M as Growth Slows and Customer Retention Falls
Erie Insurance delivered another profitable quarter, but its latest financial results also show a clear shift. After several quarters of strong premium-driven growth, the insurer is now seeing slower
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Horry County Auto Glass Business Owner Charged in $39K Insurance Fraud Case
A South Carolina auto glass business owner has been charged with insurance fraud after investigators alleged he submitted 31 false insurance claims involving Allstate and Progressive for windshield
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Former Maryland Insurance Agent Sentenced Again After Insurance Fraud Conviction
BALTIMORE, Md. — A former Maryland insurance agent has been sentenced to jail for a second time after a Baltimore County court found that he continued selling insurance products despite having his
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Healthcare Costs Push Consumer Confidence Down as Medical Bills Rise
A new PYMNTS Intelligence survey found that rising healthcare costs are making many Americans less confident about their finances. While 51% of consumers continue to struggle with everyday living
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Humana Dropping 600K Medicare Members: Are You Affected?
Humana will discontinue selected Medicare Advantage plans for the 2027 plan year, a move expected to affect about 600,000 members, as the health insurer continues reshaping its business to improve
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Hawaii Family Health Insurance Costs Rise 50% Over 10 Years: Report
Hawaii Family Health Insurance Costs Rise 50% Over 10 Years, Highest Increase in the U.S. A new NiceRx analysis found that Hawaii experienced the nation’s largest increase in employee
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Trump Ends Medicare Part D Subsidy: What It Means for 2027 Medicare Drug Costs
If you have a Medicare Part D prescription drug plan, the temporary federal subsidy that helped keep premiums stable will end after 2026. CMS says most beneficiaries are expected to see premium
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How Is Health Insurance Premium Calculated? The Formula, Factors & Real Numbers
Quick Summary: Health insurance premiums are calculated using a baseline loss expectation (actuarial risk) combined with five legally allowed rating factors: Age, Location, Tobacco Use, Individual
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What Is a Health Insurance Deductible?
A health insurance deductible is the amount of money you must pay out of your own pocket for covered healthcare services before your health insurance plan starts paying its share. Until you meet your
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