Dental insurance ransomware hack exposes 9 million patient accounts

Logan B.
Dental insurance - Form on phone

Managed Care of North America Dental provides government-sponsored plans for children and seniors. One of the largest dental insurance providers in the United States has suffered an apparent ransomware attack, compromising the personal information of nearly nine million people in the country. The insurer posted a notice saying that it had become aware of unauthorized activity on its computer system. Managed Care of North America (MCNA) Dental calls itself the largest dental insurer in the US for government-sponsored plans providing coverage for seniors and children. It recently posted a notice…

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65% of Americans believe employer-sponsored health insurance is financially critical

Nordstrom
Health insurance - Survey - Keyboard

A new AHIP survey showed that employers feel it is important to recruitment and retention. About 65 percent of US adults feel that their employer-sponsored health insurance gives them “financial peace of mind” according to the results of a new AHIP survey. The survey was conducted as a component of a broader AHIP [email protected] campaign. The survey was conducted by Locust Street Group and ran from April 17 to April 25 on behalf of AHIP. The purpose was to gather insights into the thoughts adults have across the US regarding…

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State Farm will no longer sell home insurance in wildfire-prone California

Julie Campbell
Home insurance - House on fire

The giant has announced that it is leaving the state’s homeowners’ market due to high risk and construction costs. State Farm has announced that due to spiking wildfire risks and construction costs, it is leaving selling in California’s home insurance market altogether. The insurer is stopping new sales of the coverage in the state, which it says has become too expensive. State Farm issued an official media release to announce its withdrawal from the home insurance market in California. It stopped accepting business and personal applications on May 27. That…

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Are Outdoor Patios And Paving Properly Covered By Home Insurance Policies?

Guest Author
patio home insurance poilicy

A home insurance policy helps cover the contents of a building as needed, but does this extend to the outdoors as well? What happens to your patio or paving in case of damage? The short answer is that most home insurance policies do indeed cover both of these features in case of damage and will pay to have them replaced.  Your patio is usually covered under the buildings section of your home insurance policy. This section is also responsible for shed, paving, gates, and boundary wall coverage as well. In…

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2 health insurance companies say cyberattack compromised customer data

H. Cutner
Health insurance companies - Cyberattack - Digital security

The insurers say that they experienced a data breach and customer information was compromised. Two major health insurance companies in Massachusetts and New Hampshire are alerting their customers that they experienced a cyberattack in the form of ransomware in March and April, at which time some of their members’ personal information was compromised. The corporate parent of the insurers has confirmed that the threat impacted customer personal data. The corporate parent of Tufts Health Plan and Harvard Pilgrim Health Care health insurance companies, Point32Health, has announced that the threat impacted…

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Positive marijuana test results following workplace accidents reaches 25-year high

Marc
Positive marijuana test - Workplace accident - marijuana leaves

Results in the finance and insurance industry rose by a considerable 38.5% in five years. Workforce positive marijuana test results after accidents have reached a 25-year high, according to the recently published results of the Quest Diagnostics Drug Testing Index. The rise among the general workforce in the United States aligned with early recreational pot legalizations. Last year, the percentage of US workers who have had a positive marijuana test result after a workplace accident had increased to the highest level recorded in 25 years. This, according to a new…

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Property and casualty insurance sees largest ever Q1 statutory underwriting loss

Logan B.
Property and Casualty Insurance - net loss

Personal lines resulted in the US industry experiencing its first and biggest Q1 net loss in over a decade. Low personal lines have caused the US property and casualty insurance industry to experience the largest underwriting loss on record and its first in 12 years, according to a new data analysis of statutory financial statements by S&P Global market Intelligence. The analysis was a preliminary calculation based on the underwriting losses of P&C insurers. According to S&P Global Market Intelligence’s preliminary calculations, property and casualty insurers in the United States…

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