Alabama has a new law governing captive insurance companies, and supporters hope it will mean that state regulators will soon lift a moratorium on new captives in the state. “The law takes effect in June, so we’re hoping that maybe by the end of summer the moratorium will be ended,” said Travis Bowden, president of Crossroads Risk Management, a captive management firm active in Alabama and Georgia. A spokesperson for the Alabama Department of Insurance said Tuesday: “Now that the act has been signed into law by Governor Ivey, the department is working to determine the best timing for bringing…
Author: Awais
Hybrid workplaces are blurring responsibility across employers and tech providers
By Jackie Fortiér April 21, 2026 Article HTML Jackie Fortiér High-deductible plans can look like a deal, until the bills start rolling in. On this episode of the NPR podcast Life Kit, reporter Jackie Fortiér breaks down what to expect and how to prepare. A lot of people choose their health insurance the way they shop for a flight — sort by the lowest price and click “buy.” But what looks like a bargain upfront can come with costly consequences later. After some federal financial aid expired, many Americans found that high-deductible health plans were the only option they could…
Relatives of a jail inmate whom investigators determined died after a Kansas sheriff’s deputy shoved his knee into the cuffed man’s back for one minute and 26 seconds have filed a federal lawsuit. Attorneys for the family of Charles Adair renewed their demand Friday that video of what happened be released publicly in announcing the wrongful death lawsuit. Filed earlier this month, the lawsuit names the Wyandotte County sheriff, the unified government for the county and Kansas City, Kansas, and Richard Fatherley, who was charged last year with second-degree murder in Adair’s death. “The public has a right to transparency…
‘The customer needs to be involved in the process’ This framing, starting with a fully automated vision, acts as a strategic exercise rather than a literal goal. It allows insurers to map out possibilities before making deliberate decisions about where human involvement remains essential. As Walsh told IB, the claims journey isn’t just an operational process – at its core there is a deeply human aspect. “The customer needs to be involved in the process, and having full automation may not involve them in the way that you or they want,” added Walsh. “With customers, you really want to offer…
Hayley Park will oversee BSCA’s prescription drug programs. The insurer has worked to overhaul its pharmacy management model in a bid to lower drug costs.
MS Amlin, the Lloyd’s global specialist re/insurer, has launched a new sub-syndicate to target innovative growth opportunities and provide greater flexibility and capacity for brokers. Named s1673, the sub-syndicate will support the growth of business written through MS Amlin’s recently formed Portfolio Solutions team. This team has been established to capture underwriting opportunities arising from the insurer’s MS&AD global network, as well as fast-follow relationships and business under Lloyd’s innovation and transition codes. The sub-syndicate also allows MS Amlin to increase its share and relevance to brokers in existing lines written on MS Amlin’s Syndicate 2001, by writing additional lines…
The US Supreme Court expressed little enthusiasm for curbing one of the Securities and Exchange Commission’s most important enforcement tools, as the justices weighed restricting the financial watchdog’s power to collect ill-gotten gains. Hearing arguments in Washington Monday, the court considered whether the SEC must show identifiable investor harm in order to win “disgorgement,” a legal remedy designed to recoup illicit profits and return them to victims. The high court limited the SEC’S disgorgement power in 2020, and critics of the commission are looking to build on that ruling. But even Justice Clarence Thomas, who had voted to bar the…
A federal jury on Monday said Uber should pay $5,000 to a woman who claimed she was sexually assaulted by a driver she booked through the app, as the company faces thousands of similar claims. The Raleigh, North Carolina jury verdict followed a trial that began April 14. It comes after a separate jury in Arizona earlier this year awarded $8.5 million to a woman who claimed an Uber driver had raped her when she was 19. Although Monday’s award is relatively small, it further establishes that jurors may not hesitate to find Uber liable for assaults by drivers in…
Beware, agents. That email from the National Insurance Producers Registry may not be legit. NIPR said it has learned of an active phishing email campaign referencing past-due invoices. The emails may look like they are from trusted sources such as @nipr.com, @naic.org, or @stipe but they are fraudulent and insurance agents are urged to use caution. Agents should not open any attachments, click links, or send payments if they receive an email asking for payment. Contact NIPR before taking action at niprbillingdept@nipr.com. “The emails impersonate NIPR and request payment. Agents should be aware of any unexpected or unsolicited invoices received,…
Keyes Coverage, part of Keystone Agency Partners, has acquired Seibert Insurance Agency in Tampa, expanding its western Florida presence with one of the better-known agencies in the area. Roeling “Joining Keyes Coverage is the right next step for our agency, our employees, and our clients,” Karyn Roeling, CEO of Seibert, said in a statement. “With Keyes and Keystone behind us, we can offer broader resources, more carrier access, and enhanced technology, while keeping the local service our clients expect.” Seibert Insurance was founded in 1971 by Roeling’s father, Keith Seibert. He retired in 2012, and Karyn was named president of…
Florida’s Citizens Property Insurance Corporation is back in the market looking to sponsor another catastrophe bond, with an initial target to secure $450 million or more in reinsurance protection from a new Everglades Re II Ltd. (Series 2026-1), Artemis has learned.This will become the seventeenth series of cat bond notes sponsored by Florida Citizens and the fifteenth to use the Everglades Re name, since the property insurer of last resort for Florida first sponsorship of a catastrophe bond back in 2012. Recall that, a year ago Florida Citizens sponsored its largest catastrophe bond yet, securing $1.525 billion of reinsurance from…
The state of Maryland and the federal government have filed separate civil lawsuits over the rupture of the sanitary pipeline known as the Potomac Interceptor that spilled more than 200 million gallons of untreated sewage into the Potomac River in January. Maryland Attorney General Anthony G. Brown and the Maryland Department of the Environment are suing DC Water, the utility that operates the pipeline, seeking penalties and damages for costs associated with the contamination and a court order requiring full restoration of the site. The suit alleges that DC Water violated state pollution laws because it was “aware that the…
Amanda Seitz and Maia Rosenfeld Democratic lawmakers are demanding that the Trump administration halt plans to collect sensitive medical records for millions of federal workers and retirees, as well as their family members. The Office of Personnel Management has asked 65 insurance companies to provide monthly reports with detailed medical and pharmaceutical claims data of more than 8 million people enrolled in federal health plans, KFF Health News reported earlier this month. The request, which could dramatically expand the personally identifiable medical information OPM can access, alarmed health ethicists, insurance company executives, and privacy advocates. Now, OPM Director Scott Kupor…