The Latest Breaking News from Insurance

The American Council of Cannabis Medicine (ACCM) formed the Next Frontier Task Force. The task force is created to bring together stakeholders from medical cannabis, insurance and third party payers to facilitate expanded participation.

Rite Aid Corp (NYSE:RAD) has reported Q1 FY23 sales of 6.01 billion, down 2.4% Y/Y, beating the consensus of $5.75 billion.  The company reported an EPS loss of $(0.60) compared to an income of $0.38 a year ago, driven by non-cash impairment charges and cycling prior-year COVID vaccination benefit. Retail Pharmacy Segment…

A Senate deal to cap the cost of insulin at $35 a month for individuals with private insurance and Medicare poses a new test of whether Democrats can make good on campaign pledges to rein in drug costs, Axios' Adriel Bettelheim writes.

Bill would raise the minimum wage for US airport workers at a time when the travel industry in the US is in a deep crisis

The Surrogacy (Regulation) Act, 2021 came into force on January 25 this year

Mother missed out on National Insurance payments while raising five children

Gareth Crouth is in hospital in the States after suffering horrific injuries while visiting friends in Kentucky. Without insurance, it'll cost thousands to bring him home.

The prolonged Russia-Ukraine war started in February and dragging on into the second quarter of 2022, has caused a hike in global crude oil prices to high levels. The average price of ICE Brent crude oil increased from 13.86 USD per barrel in the first quarter of 2022 to 111.63…

Insurers may already be using artificial intelligence to make judgments — perhaps erroneously — about customers. And there’s no way to know.

A new survey by Allianz Life Insurance Company of North America suggests a majority of Americans approaching retirement age are expecting to work beyond their traditional retirement age.

Victoria's September 22 earthquake is the third most complained about insurance event in the last year after COVID-19 and east coast flooding, according to the Australian Financial Complaints Authority.