NEW: EmblemHealth has agreed to a $2.5 million settlement with the New York attorney general’s office after failing to correct provider directory errors that made it more difficult for customers to get mental health care.
An accounting group is seeking to ease rules on how life insurers in Japan book paper losses on government bonds, treating such bonds held to match long-term policies as held to maturity under certain conditions. https://www.japantimes.co.jp/business/2026/02/18/companies/life-insurers-bond-paper-losses/?utm_medium=Social&utm_source=mastodon #business #companies #jgb #insurance #bonds
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. https://www.japantimes.co.jp/business/2026/02/17/civil-unrest-insurance/?utm_medium=Social&utm_source=mastodon #business #insurance #minneapolis #minnesota #us #donaldtrump
Dai-ichi Life Holdings said that it has confirmed 1,155 cases of unauthorized data transfers by 64 employees seconded from affiliated insurance companies to 28 agents, including banks. https://www.japantimes.co.jp/business/2026/02/12/daiichi-life-unauthorized-data-transfers/?utm_medium=Social&utm_source=mastodon #business #daiichilife #insurance
A spotlight has fallen on Prudential Life Insurance’s fully commission-based remuneration system, which is thought to have been a factor that led some of its employees to commit fraud over more than three decades. https://www.japantimes.co.jp/business/2026/02/12/companies/prudential-followup/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #insurance #corporategovernance #fraud #lifeinsurance #businessethics
The intense performance-based system at Prudential Life Insurance has been identified as a major factor behind the rampant misconduct uncovered at the company, newly appointed CEO Hiromitsu Tokumaru says. https://www.japantimes.co.jp/business/2026/02/10/companies/prudential-life-new-ceo/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #insurance #corporategovernance #fraud #lifeinsurance #businessethics
Ika Makimaki
boosted
It's happening. In parts of New Zealand, insurers have stopped offering cover on properties at risk from climate change.
It started with AMI in Westport, progressed through Blenheim and Canterbury and now Tower Insurance is refusing to cover some properties in Outram, on the Taieri Plains.
Climate change... coming to a property near you, a whole lot earlier than you expect.
It's happening. In parts of New Zealand, insurers have stopped offering cover on properties at risk from climate change.
It started with AMI in Westport, progressed through Blenheim and Canterbury and now Tower Insurance is refusing to cover some properties in Outram, on the Taieri Plains.
Climate change... coming to a property near you, a whole lot earlier than you expect.
Ross Gayler
and 1 other
boosted
Australian friends, do any of you have a caravan and have had to make a claim on your insurance?
If so, and you had a good experience, who did you insure with?
I ask because finding one that doesn't have a bunch of terrible reviews, or conversely a bunch of excellent reviews from people who have only signed up and never made a claim, is somewhat difficult.
Australian friends, do any of you have a caravan and have had to make a claim on your insurance?
If so, and you had a good experience, who did you insure with?
I ask because finding one that doesn't have a bunch of terrible reviews, or conversely a bunch of excellent reviews from people who have only signed up and never made a claim, is somewhat difficult.
"The Centers for Disease Control and Prevention estimates more than 2 million Americans could benefit from a treatment known as PrEP, but only a quarter of them are getting a form of the drug. Zach Dyer appeared on WAMU’s “Health Hub” on Feb. 4 to share tips patients can use to avoid those pitfalls and find a doctor who knows more about PrEP."
#PublicHealth #healthcare #insurance #HIV #PrescriptionDrugs #physicians #PrimaryCare #prevention #audio
Prudential Life Insurance will suspend sales of new insurance policies following the discovery of widespread financial misconduct involving current and former employees. https://www.japantimes.co.jp/business/2026/02/04/companies/prudential-life-suspension-sales/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallife #lifeinsurance #insurance #corporategovernance #fraud #businessethics
Alex Akselrod
and 1 other
boosted
A teacher called over a dozen therapists to find mental health care following a miscarriage.
An EMT spent months looking for one after a suicide attempt.
They couldn’t find any in-network provider able to see them. Now they're suing their insurer.
https://www.propublica.org/article/emblemhealth-ghost-network-mental-health-lawsuit-new-york?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post
#News #Law #Health #MentalHealth #Lawsuit #Healthcare #Insurance #NewYork
Prudential Life Insurance has revealed that over 100 of its current and former employees in Japan had defrauded some 500 customers of around ¥3.1 billion. https://www.japantimes.co.jp/business/2026/01/16/companies/prudential-life-insurance-misconduct/?utm_medium=Social&utm_source=mastodon #business #companies #prudentiallifeinsurance #insurance #corporategovernance
tools for commensality 🧿
boosted
"Marketplace plans from the Affordable Care Act no longer feel very affordable to many people, because Congress did not extend a package of enhanced subsidies that expired at the end of 2025. An estimated 4.8 million will go without coverage this year."
#healthcare #ACA #insurance #medicaid #hospitals #RuralHealth #CostsOfCare #DrugPrices
"Marketplace plans from the Affordable Care Act no longer feel very affordable to many people, because Congress did not extend a package of enhanced subsidies that expired at the end of 2025. An estimated 4.8 million will go without coverage this year."
#healthcare #ACA #insurance #medicaid #hospitals #RuralHealth #CostsOfCare #DrugPrices
Major Japanese nonlife insurer MS&AD Insurance Group Holdings plans to consolidate its domestic bases ahead of the planned merger in April 2027 of its key subsidiaries, its president said. https://www.japantimes.co.jp/business/2026/01/12/companies/msad-consolidate-domestic-bases/?utm_medium=Social&utm_source=mastodon #business #companies #msadinsurancegroup #insurance #mergers
ophiocephalic 🐍
boosted
Thanks to the Trump Administration’s “Big Beautiful Bill,” which slashed Medicaid by more than $900 billion over the next 10 years, the Alameda Health System has taken drastic budget cuts for the coming year. That means, in part, laying off 296 employees across the system. https://alamedapost.com/news/alameda-health-system-lay-off-300-massive-medicaid-cuts/