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The Idaho Department of Insurance has taken action against three health insurers over claims they limited access to Medicare Advantage applications. PacificSource Community Health Plans, UnitedHealthcare of the Rockies, and Care Improvement Plus South-Central Insurance Co. received cease-and-desist orders after an investigation found they were restricting both online and paper applications for these plans. The … Read more

In the construction world, Exterior Insulation and Finish Systems, or EIFS, have gained attention for their benefits like good insulation, light weight, and low cost. Many builders and homeowners see EIFS as a modern choice compared to traditional siding or stucco. However, behind these advantages lies a serious hidden problem: mold growth caused by trapped … Read more

U.S. companies are spending more than ever to protect their top executives, as threats and violent attacks on corporate leaders have become more common. This surge in security measures comes after two high-profile killings of business officials in New York City over the past eight months. In response to a recent shooting in Manhattan that … Read more

A climate nonprofit is bringing back an important federal database that tracks billion-dollar weather disasters, which the Trump administration stopped updating in May. This database, originally created by the National Oceanic and Atmospheric Administration (NOAA), will return this fall under the care of Climate Central, a climate-focused nonprofit. Climate Central has hired Adam Smith, the … Read more

Last month, federal immigration agents carried out a major raid at Glass House Brands, California’s largest legal marijuana grower. The operation took place at the company’s farms in Camarillo and Carpinteria, just northwest of Los Angeles, leading to the detention of hundreds of people, including nine employees of Glass House. The raid, one of the … Read more

New construction techniques like mass timber, modular manufacturing, and robotics are becoming more popular because they save money and cut down on labor. But these new methods are also creating problems for insurers and developers. They face fewer insurance options, higher costs, and tighter limits when choosing coverage. Kris Bauer, Senior Vice President of Construction … Read more

Diauntae Morrow, the agency principal at The Morrow Group & Co, recently shared his thoughts on the changing insurance industry in a new interview. Speaking as part of the Executive Insights series in collaboration with the National Association of African Americans in Insurance and Financial Services (NAAIA), Morrow talked about how he’s bringing fresh energy … Read more

Global shipping and logistics are facing steady challenges, and the insurance market is feeling the squeeze. Peter Herman, president of Insurance Marketing Agencies, says the strain on supply chains is here to stay. Costs for shipping and imports are up, and while it’s not as chaotic as during the height of the COVID pandemic, some … Read more

A financial advisor from Michigan is facing serious charges after being accused of insurance fraud. Todd Bernstein, 67, from Birmingham, was arraigned on July 30 in Bloomfield Hills. He stands charged with four counts of insurance fraud, each carrying a possible four-year felony sentence. The allegations claim that Bernstein submitted misleading information on applications for … Read more

Shareholders of Third Point Investors Ltd., a UK investment trust managed by Dan Loeb’s hedge fund Third Point, are being advised to vote against a major change to the company’s business. The proposal, which will be decided on August 14, involves turning the investment trust into a reinsurance company. ISS, a proxy advisory firm, has … Read more