Aetna on Tuesday became the latest health insurance giant to deliver not so good news on Obamacare. The company said it expects to lose more than $300 million this year around the 900,000 patients it covers underneath the Affordable Care Act - which would re-evaluate its 15-state coverage in the...

The connected world is here now. Things are “smart.” As well as for insurers, the implications are huge. Anything you insure is now able to connected, monitored and analyzed. People, places and things, moving or stationary, living or non-living-are all becoming smart. Believe that is an exaggeration? Consider the following...

The average FDNY retiree from the last Twelve months will collect $120,000 a year, guaranteed for a lifetime - along with a dozen will pull more than $200,000. But that is only a corner from the city's pension mess. The figures originate from a brand new Empire Center report, which...

For example, H5 would be an insurance agent traveling to an accident and manually filling out a claim. Moving over the scale, we find a claimant snapping a picture from the accident utilizing a smartphone after which filing claims utilizing a mobile app and getting money through direct deposit. This...

In their rush to jump around the big data bandwagon, many organizations have lost sight of a much easier yet effective source of customer insight: "small data." Big information is about synthesizing, mining and analyzing mounds of seemingly unrelated information to derive actionable insights about your customer. It is a...

New York's 16.6 percent hike in Obamacare premiums for people the coming year looks like a bargain compared to other states, where individuals are getting socked with increases 3 or 4 times as high. Tennessee now approved higher premiums of 62, 46 and 44 percent because of its three insurers....

Insurance giant Aetna won’t offer coverage under ObamaCare the coming year in 11 of the 15 states it now serves - a comment that instantly became a problem in the presidential race. Aetna’s decision led Mr . trump to charge that President Obama's health care reform was "imploding." "Aetna's decision...

Residents in seven states do not possess a choice in selecting medical care coverage under ObamaCare the coming year because only just one insurer plans to offer policies in every market, it had been reported Monday. "Lower-than-expected enrollment, a high-cost population, and troubled risk-mitigation programs have resulted in decreased plan...

When start-ups jumped into insurance, many focused on the private auto industry. Unsurprising, great deal of thought is arguably the least complex type of insurance and is usually the first to become disrupted (going back to Progressive within the '90s). Now that InsurTech investment is at an all-time high, more...

The Home Insurance Customer Experience Leader portfolio outperformed the industry, establishing a total return which was 42 points greater than the Dow Jones Property & Casualty Market Index.While several home insurance carriers made it into the Leader category many times, just one achieved that distinction for each year of the...