Nebraska Attorney General Mike Hilgers announced last week that a district court denied Change Healthcare’s motion to dismiss claims for alleged consumer protection and data privacy violations, allowing the state’s lawsuit against Change Healthcare, UnitedHealth Group, and Optum to move …
Category: Insurance Journal
AM Best Revises Outlook to Stable for Members of Illinois’ IFG Companies
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) for the members of Chicago-based IFG Companies (IFG). These …
Louisiana Man Arrested in Extensive Auto Insurance Fraud Scheme
A Monroe, Louisiana man has been arrested following an investigation into a suspected staged-crash and insurance fraud scheme, the Louisiana Department of Insurance (LDI) announced. Adrian Sampson, 21, is charged with 49 felony counts including aggravated criminal damage to property, …
Florida-Based Neptune Reports $11.5M Q3 Profit After IPO
Two months after its initial public offering raised more than $368 million, Neptune Insurance Holdings Inc. reported a lucrative third quarter, despite a slight dip in net income. Q3 net income for the St. Petersburg, Florida-based private flood insurance firm …
Coal Miners With Black Lung Say Government Is Suffocating The ‘Working Man’
Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names, …
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week
The National Transportation Safety Board will hold a public board meeting this week to determine the probable cause of the contact of the containership Dali with the Francis Scott Key Bridge and subsequent bridge collapse. NTSB’s board is expected to …
Arizona Workers’ Comp Rates Fall for a 12th Straight Year
Workers’ compensation rates in Arizona are set to go down 6.7% next year. The Arizona Department of Insurance and Financial Institutions reviewed the annual National Council on Compensation Insurance rate filing for a 6.7% reduction in workers’ comp rates, which …
NYC Council Committee Rejects Ban on Central Park Horse Carriages
Central Park’s iconic horse-drawn carriages will trot on, for now. A proposal to ban the popular tourist attractions that have been fixtures in Central Park for more than 150 years failed to clear a key New York City Council committee …
How to Grow an Agency in 2026
After years of rate inflation in nearly all lines of property and casualty insurance, 2026 offers some reprieve for insurance buyers. Agents and brokers can no longer rely on agency growth through rate increases and exposure changes. “We’ve been in …
Lemonade Books Q3 Net Loss of $37.5 Million
Insurtech Lemonade reported a third-quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time. Revenue and gross profit increased 42% and 113%, respectively, versus Q3 2024. However, operating …