Insurance

Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO

The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as…

9 months ago

Health-Insurance Costs Are Taking Biggest Jumps in Years

Employers and workers are expected to see an increase of about 6.5% or higher in the cost of their health…

10 months ago

To Pay for Weight Loss Drugs, Some Take Second Jobs, Ring Up Credit-Card Debts

Some people are paying more than $10,000 a year for Ozempic and Mounjaro. Source link

10 months ago

Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks

Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has…

10 months ago

Weight-Loss Drug Wegovy Cuts Heart Risk in New Study

Novo Nordisk’s anti-obesity drug reduced people’s risk of suffering heart attacks, strokes and cardiovascular deaths by 20%. Source link

11 months ago

Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal

The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its…

11 months ago

Employers Cut Off Access to Weight-Loss Drugs for Workers

Costs are mounting for popular drugs such as Wegovy, a cousin of Ozempic, and healthcare plans are restricting coverage to…

11 months ago

Home Insurers Are Charging More and Insuring Less

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber…

11 months ago

$2 Billion Default Followed Warnings to Everyone but Investors

Beneficient executives and board directors headed for the exits over signs of trouble—long before a financial blowup that is now…

11 months ago

Facing Big Storm Losses, Insurers Aim to Boost Rates

Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are…

12 months ago