Author: Awais

Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The Department of Labor wants to force pharmacy benefit managers to share more information about their compensation and business practices with their employer clients, in the latest bet from the Trump administration that better price transparency will lower healthcare costs. The DOL proposed a rule on Thursday that would require the drug middlemen to disclose rebates and fees they receive from pharmaceutical manufacturers, compensation from spread pricing arrangements, and any additional payments recouped from pharmacies related to an employers’ prescription drugs.…

Read More

As US healthcare markets harden, brokers and clients navigate higher costs, narrower options, and more complex program designs. Brett Pollak (pictured), senior managing director and director of M&A development at Foundation Risk Partners, said today’s conditions mirror the early 2000s, with meaningful implications for providers.

Read More

Hours before a deadly explosion ripped through a Pennsylvania nursing home last month, staff grew concerned about the smell of natural gas on several floors and brought in workers from the local utility company to check it out, federal regulators said Wednesday. The preliminary report by the National Transportation Safety Board provides details about the three hours that passed between the report of a gas odor and the thunderous blast in Bristol, just outside Philadelphia, as well as how utility workers were on the scene for much of that time. It also notes that a utility worker traced the leak…

Read More

More than two years since the official end of the covid pandemic, a growing body of research continues to reveal information about the virus and its ability to cause harm long after initial infections resolve. The findings raise fresh concerns about the Trump administration’s decision to reduce recommendations about who should get covid vaccines and halt funding for the development of more-protective shots.  Covid, for instance, is now linked in studies to possible autism in children of mothers who were infected during pregnancy, as well as a decline in mental cognition and greater risk of heart problems. It’s even been…

Read More

Los Angeles County District Attorney Nathan Hochman asked the county to hold off on making initial payments for a landmark $4 billion sexual abuse settlement while his office conducts a criminal investigation of potentially fraudulent claims. In a letter to county officials, Hochman said the county should wait for at least six months before making any outlays on the abuse deal struck last year in order to avoid “irreparable loss of public funds and further harm to legitimate survivors.” The county said Wednesday in a court filing that in response to Hochman’s request it has agreed with plaintiffs’ lawyers to…

Read More

Conditions were dire earlier this week in parts of the South still reeling from subfreezing temperatures and widespread power outages as vehicles got stranded for hours on major highways and officials warned that people stuck at home were running out of food, medicine and other essentials. Mississippi dispatched 135 snowplows and National Guard troops equipped with wreckers to sections of Interstates 55 and 22 gridlocked by vehicles abandoned in the state’s ice-stricken northern region. Tens of thousands of homes and businesses remained without power as cold daytime temperatures sunk below freezing overnight in a region unaccustomed and ill-equipped for such…

Read More

The U.S. excess and surplus lines market isn’t growing at the rate it has been, with the premium growth through September 2025 lower than the prior year. According to a new report from insurance industry rating agency AM Best, years of consistent growth in the E&S space continues but “has shown signs of tapering off.” Premium growth in the E&S market increased by 9.7% through the third quarter of 2025, compared with 13.5% for the same prior year period, thanks to competitive market pressures on certain lines of coverage such as cyber, commercial property, and directors and officers liability. AM…

Read More

Net income at The Hartford increased 33% to about $1.1 billion in the fourth quarter 2025. Property/casualty written premiums increased 5% compared to Q4 2024, led by growth of 7% in the business insurance segment. CEO Christopher Swift said results were “driven by excellent performance in business insurance,” and a “pivotal year in personal insurance that restored target profitability in auto.” The Hartford’s business insurance and personal insurance segments turned in Q4 combined ratios of 83.6 and 79.6, respectively. These results were improvements of 3.8 and 6.2 points. For the year, the combined ratios were 88.3 and 91.9, respectively. The…

Read More

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The CMS on Thursday finalized a rule cracking down on provider taxes that critics argue states use to unfairly inflate their federal Medicaid reimbursement. The regulation, first proposed in May, prohibits states from levying higher tax rates on healthcare providers and managed care companies participating in the safety-net program. It also bans strategies that states use to disguise the taxes, such as “vague language or complex designs,” the CMS said. Additionally, the regulation adds compliance timelines for other Medicaid provider…

Read More

While the overall catastrophe bond market saw issuance rising around 40% year-on-year in 2025, broking group Aon saw its activity supporting issuance of new cat bonds rising by more than 50%, CEO Greg Case said today.In the fourth-quarter of 2025, Aon reported growth in revenues related to its insurance-linked securities (ILS) business in the double-digits, outpacing its overall reinsurance divisions’ 8% organic revenue expansion in the period. Speaking during the Q4 earnings call just now, Aon CEO Greg Case provided some additional colour and said his firm saw the cat bond business it acts on growing faster than the overall…

Read More

Aon plc reported revenue of $4.3 billion during the fourth quarter of 2025, an increase of $153 million or 4% from $4.1 billion in Q4 2024. For Q4 2025, Aon saw organic revenue growth of 5%, compared with 6% during the same period in 2024. Net income attributable to Aon shareholders increased 136% to $1.7 billion during Q4 2025, compared to $716 million in the prior-year period. Adjusted net income attributable to Aon shareholders increased 9% to $1.1 billion, compared to $965 million in the prior-year period. Total revenue for full-year 2025 increased 9% to $17.2 billion (revenue for FY…

Read More