The No Surprises Act, which was signed into law by President Trump during his first term and took effect in 2022, aims to protect consumers from certain surprise medical bills. The law established processes to keep the patient out of the payment negotiations between the provider and the plan. In the event of an unsuccessful…More
The House budget reconciliation bill contains various expansions to Health Savings Accounts (HSAs). This policy watch explains what HSAs are, how they have been used, what the key changes to HSAs would be, and how much they would cost the federal government.
This analysis documents average deductibles for Affordable Care Act Marketplace plans available on Healthcare.gov in 2025 for all metal tiers, including silver plans after cost-sharing reductions are applied, as well as trend data since 2014.
Willis, a WTW business, has released its Reputational Risk Readiness Survey 2024/25, highlighting a sharp rise in concerns around cyber threats and environmental challenges among global senior executives. Of the 500 respondents, 65% identified cyber risk—especially cyber-attacks—as the most significant threat to their organisation’s reputation, an increase from 52% in 2023. Environmental issues followed closely, […]
Insurance Advisory Partners (IAP), an investment bank dedicated to the insurance, insurance services, and insurtech sectors, has announced the appointment of Joe Plumeri as Chairman. His appointment will take effect on September 1, 2025. In addition to assuming this new leadership role, Plumeri will also become an investor in the firm. Plumeri brings decades of […]
AM Best has affirmed its Stable outlook for Spain’s non-life insurance segment, citing a number of positive trends that are expected to help improve the sector’s performance. These include the increasing prominence in health and catastrophic risks, which AM Best argues is reshaping the competitive landscape; the ongoing motor insurance pricing adjustments that are expected […]
Venbrook Group, LLC, an independent insurance distribution and services firm in the US, has promoted Jeff Lang to the newly created position of President, Retail Property & Casualty. In his new role, Lang will continue the successful growth momentum and lead Venbrook’s retail division and guide the firm’s national strategy across key sectors. He will […]
Mitsui Sumitomo Insurance Thailand Branch (MSITB) and MSIG Thailand have partnered with Bank of China (BOC Thai) and China Pacific Insurance (CPIC), to expand a strategic bancassurance alliance in Thailand. Having signed a Memorandum of Understanding (MOU), the three organisations will collaborate to enhance the distribution of comprehensive insurance products through BOC Thai’s channels, catering […]
Sompo International has reported an adjusted profit of $1.38 billion for the 2024 financial year (FY2024), an increase of $230 million year-over-year, driven by robust top-line growth, reduced adverse prior-year development, and higher net investment income. Meanwhile, the firm reported gross written premiums (GWP) of $16.53 billion for FY2024, up from $15.62 billion in FY2023. […]
Commercial and specialty lines insurer HDI Global has announced the appointment of Phil McDowell as Global Sales & Distribution Lead for International Programmes and Captives. Based in London, McDowell will work within the global International Programmes (IP) department, focusing on strengthening relationships with global and international brokers. His priorities include enhancing HDI Global’s IP and […]
