Author: Awais

Listen in and play along as hosts Cara Anthony and Blake Farmer test their knowledge with a HealthQ quiz on detecting early-onset cancers. (Candice Evers for WPLN and KFF Health News) Bryce Ramsey of Madison, Mississippi, was 33 when she was diagnosed with colorectal cancer. Upon noticing blood in her stool, she blamed the hemorrhoids she’d developed after delivering her son eight years earlier. Ramsey didn’t initially link her symptoms to cancer. “But I had just kind of made a deal with myself because the blood was starting to become more frequent,” she said. “I was like, ‘If this happens…

Read More

A county with one of the highest volumes of insurance fraud cases in Washington has filed its first changes under a new agreement with the state’s insurance regulator. The Pierce County Prosecuting Attorney’s Office filed insurance fraud charges in Pierce Co. Superior Court against Ulrich W. Motchoffo-Kom on June 4. The case was enabled under an interagency agreement with the Washington Office of the Insurance Commissioner. Related: Washington Commissioner Issued $167K in Fines in 2Q Pierce County was the source of the second-highest volume of insurance fraud cases referred to the OIC in 2025, with 561 cases. The OIC asked…

Read More

Any advertisements in New York that feature artificial intelligence-generated people in place of actors will now be violating state law if they don’t clearly label that they have used a “synthetic performer.” The law, signed in December by Gov. Kathy Hochul, went into effect last Tuesday. Her office is calling it a “first-in-the-nation law” that will boost transparency at a time when it says AI generated performers are popping up across all forms of media, including on social platforms and in digital advertising. Synthetic performers are defined under state law as “digitally-created media that appear as a real person.” The…

Read More

A new analysis by Morningstar DBRS covering a select group of the ten largest non-mutual life insurers in the US and Canada by premium volume and capitalization found that average adjusted earnings increased 10% quarter over quarter. The group includes Aflac, Athene Holding, Brookfield Wealth Solutions, Corebridge Financial, Global Atlantic, Great-West Lifeco, Manulife Financial, MetLife, Prudential Financial and Sun Life Financial.

Read More

CVS is paying $36.5 million for submitting false claims to the Medi-Cal program for excessive dispensing of insulin pens. A settlement pursued by California Attorney General Rob Bonta in collaboration with the United States Department of Justice with CVS Pharmacy, Inc. resolves allegations that between 2010 and 2020, CVS submitted fraudulent claims to Medi-Cal, giving patients more insulin than prescribed and lying about refill timelines to get paid for unauthorized, unnecessary medication. The settlement requires CVS to pay $36.5 million total with California’s share being more than $2.7 million. According to Bonta’s office, CVS under-reported how many days insulin supplies…

Read More

Coverage gaps emerge where policies diverge from actual risk Peter Foster, chairman of global FINEX cyber and cyber risk solutions at Willis, said differences in how policies are constructed leave some organizations exposed where they most need protection. “Cyber insurance cover varies widely, which is why organisations must understand what they have in place and ensure it aligns with their risk exposures. When cover doesn’t reflect reality, organisations risk critical gaps where protection is needed most, while paying for cover that offers little real value,” Foster said. Organisations seeking the strongest value from cyber insurance, he added, should ensure coverage…

Read More

How can AI determine who gets matched to new therapies, who is identified for clinical trials, and how patient tracking is scaled across large populations? Chip is joined by Dr. A.J. Blood, a practicing cardiologist at Brigham and Women’s Hospital and the co-founder and Chief Executive Officer of AIwithCare, a startup company that delivers AI-enabled solutions for research, clinical operations, and patient care. They discuss the role of AI in identifying patients for clinical trials and new therapies—which is typically a critical bottleneck in drug development—as well as how to ensure clinical trials are representative. Also, Dr. Blood shares insights…

Read More

A high-ranking Mississippi Insurance Department official has been placed on leave after allegations that he and his wife diverted more than $90 million from a credit union that is now in receivership. Chad Bridges, director of financial and market regulation at the department since early 2024, is named in a federal lawsuit brought by the National Credit Union Administration, conservator of the troubled Jackson Area Federal Credit Union. The suit charges that Bridges’ wife, Leigh Bridges, who was CEO of the credit union, reaped the benefits of years of fraudulent transfers of funds, money that was used to pay for…

Read More

Doubts swirled around the U.S.-Iran interim deal to end the war in the Middle East as shippers said it could take weeks for confidence to return after any reopening of the Strait of Hormuz, and fundamental questions remained unanswered. U.S. President Donald Trump said on Monday a preliminary agreement to end the conflict had been signed by the U.S. and Iran, although details have yet to be made public and both countries said a permanent truce was yet to be negotiated. The interim agreement would extend a tenuous ceasefire announced in April by another 60 days and reopen the Strait…

Read More

The Board of the World Bank has approved a new $400 million program that aims to boost Morocco’s resilience against climate, disaster, and cyber risks, with catastrophe bonds and other forms of insurance risk transfer including parametric triggers mooted as part of the program outcomes.While strengthening the country’s resilience against climate and natural disasters, as well as cyber events, the $400 million Morocco Climate & Risk Finance Program also looks to help unlock private capital to support climate infrastructure development. Part of the program’s focus is on developing cyber and disaster insurance instruments to expand risk transfer capacity for Morocco.…

Read More

More than a decade after announcing plans for a large real estate development in Miami’s Little Haiti neighborhood, technology investor Bob Zangrillo is reviving the project, now pitching it as a home for the city’s growing roster of AI companies. The 7.8 million square foot (724,644 square meter) development will center around an office complex aiming to attract tenants in artificial intelligence, asset management and venture capital, said Zangrillo, head of investment firm Dragon Global. Plans also call for residential towers with more than 2,600 units, a hotel and retail space. The construction cost is expected to top $3 billion.…

Read More

Ukraine is accelerating reforms to align its banking and insurance sectors with EU standards by 2028 despite wartime challenges, to buttress investor confidence and deepen economic integration with Europe, its central bank governor said. The European Union launched formal talks with Ukraine on Monday by opening the first of six topics in accession negotiations, covering the judiciary, the rule of law, public procurement, and financial control. Ukraine hopes to open other negotiating areas later in the summer. “We have a large-scale program of European integration,” Governor Andriy Pyshnyi told Reuters. “We believe that the war and the transformation we’re undergoing…

Read More

Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. The proposed class action led by a Michigan pension fund was filed in Seattle federal court on Friday, after Microsoft shares fell 10% on January 29 in response to its quarterly earnings report a day earlier. About $357 billion of market value was erased, and Microsoft’s stock suffered its biggest one-day decline in nearly six years. Microsoft did not immediately…

Read More

Evan Hessel Gallagher is expanding its US retail brokerage capabilities with the appointment of three new practice leaders. Evan Hessel, managing director, casualty, joined Gallagher as part of the Woodruff Sawyer acquisition in 2025. He has extensive experience in developing risk financing strategies, analyzing complex risks and optimizing insurance programs. Cheryl Karim Cheryl Karim, managing director, fine arts, joined Gallagher in 2013 and has over three decades of experience specializing in fine arts and jewelry insurance, crafting tailored solutions that help protect the assets of galleries, museums, private collectors and dealers, artists and estates. Tom Harper Tom Harper, managing director,…

Read More