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Pa. firm brings innovation despite slow changes in life insurance automation

Pa. firm brings innovation despite slow changes in life insurance automation

Writing for the Philadelphia Inquirer, business writer Joseph N. DiStefano explores how iPipeline, the insurance automation app maker based near Philadelphia, has grown exponentially despite a nearly stagnant life insurance automation industry. DiStefano explains how Exton,Pa.-based insurance app maker that counts New York Life, Nationwide, and Mass […]

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Democrats move to offense on health care

Democrats move to offense on health care

Democrats are shifting to offense on health care, emboldened by successes in defending the Affordable Care Act. They say their ultimate goal is a government guarantee of affordable coverage for all, according to a report from ABC news. With Republicans unable to agree on their vision, Democrats […]

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Losses from hurricanes could initiate surge in M&A activity

Losses from hurricanes could initiate surge in M&A activity

Losses from last year’s hurricane season, and a potential effort by insurers and reinsurers to seek partners to help absorb those losses, could trigger a wave of mergers and acquisitions in 2018, according to an industry expert. Writing in a prediction for international law firm Clyde & […]

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Pennsylvania bill would limit life insurance payouts to terrorists

Pennsylvania bill would limit life insurance payouts to terrorists

A Pennsylvania lawmaker has proposed legislation designed to limit life insurance payouts when a policyholder dies while committing an act of terrorism, and direct funds to victims. Rep. Aaron Bernstine, a Republican who represents the Western Pennsylvania counties of Beaver, Butler and Lawrence, introduced House Bill 1996, […]

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Nearly half of home, rental policyholders welcome additional services

Nearly half of home, rental policyholders welcome additional services

Nearly half of consumers with either homeowners or renters insurance are interested in receiving additional services such as restoration and maintenance services from their insurance provider, according to new research. New research by Parks Associates issued a report, Insurance Opportunities in the Connected Home, which shows that […]

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Daughter of disgraced N.J. mayor sentenced for insurance fraud

Daughter of disgraced N.J. mayor sentenced for insurance fraud

A former Brick Township, N.J., employee was sentenced to five years in state prison after pleading guilty to stealing more than $940,000 from the township’s health insurance program, the state Attorney General’s Office announced. Kim E. Bogan, 52, of Brick pleaded guilty to second-degree theft by deception […]

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Obamacare enrollment ticks down slightly

Obamacare enrollment ticks down slightly

The final Obamacare sign-up total ticked down slightly in new data released Thursday, the result of a small number of people canceling their plans. The final number went from around 8.8 million to around 8.7 million, according to the Centers for Medicare and Medicaid Services (CMS), the […]

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N.Y. employers expect 6% or higher rise in medical costs

N.Y. employers expect 6% or higher rise in medical costs

Service firms in the metropolitan region and factories across the state expect their cost for medical insurance and other employee benefits to increase more than 6 percent this year, according to the Federal Reserve Bank of New York. The bank, in a survey of retailers and other […]

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Firm to launch smartphone auto insurance brokerage app

Firm to launch smartphone auto insurance brokerage app

Two Virginia entrepreneurs are leading a new business venture aimed at helping the millennial generation get better deals on automobile insurance through a mobile app. The Richmond, Va.-based company, Merlinio, plans to go live Feb. 1 with a smartphone app that will enable insurance shoppers, initially in […]

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Health insurance shaped by failed mergers and regulatory uncertainty in 2017

Health insurance shaped by failed mergers and regulatory uncertainty in 2017

Posted: December 29, 2017 The health insurance industry in 2017 was defined as much by events that didn’t take place as those that did, as reported by Modern Healthcare. Two mega-mergers between four of the largest insurance companies were ultimately abandoned at the start of the year, sparing […]

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