Deal advisers expect to see a surge in healthcare sector mergers and acquisitions in 2023, following a slowdown over the past year, according to reports. Health system M&A dipped in the second half of 2022 as hospitals addressed urgent challenges,…
Property and casualty insurance buyers should expect hard-market conditions for another two years and possibly longer, according to one industry expert. During a January webinar hosted by Travelers, Robert Hartwig, a professor at the University of South Carolina and director of…
By Brett Kelman and Blake Farmer, Nashville Public Radio Pregnant and scared, Natasha Valle went to a Tennova Healthcare hospital in Clarksville, Tennessee, in January 2021 because she was bleeding. She didn’t know much about miscarriage, but this seemed like…
ChatGPT represents a new cybersecurity threat as it lowers the barrier for bad actors with limited technical abilities, according to cybersecurity firm Recorded Future. Driven by artificial intelligence technology, ChatGPT allows users to have human-like conversations with a computer program….
Chief executives often find themselves in the role of chief communicator during a cyber crisis. Todd McKinnon, co-founder and CEO of Okta Inc., a company that provides identity authentication and management services, recently found this to be true when Okta…
Roughly one out of every $10 paid from medical malpractice claims over the past decade was due to social inflation, according to The Doctors Company. Social inflation is a term that describes the increase in insurance claims costs above general…
Ransomware attackers extorted 40% less money from victims in 2022 than the prior year, marking a positive trend in the fight against cybercrime. According to new research from Chainalysis, an American blockchain analysis firm, the total value extorted fell from…
AM Best gave the U.S. commercial insurance lines sector a stable outlook, which means they expect the status quo over the next 12 months. The stable outlook reflects AM Best’s expectation that commercial lines will remain profitable for insurers and…
A California Court of Appeal in Los Angeles ruled in favor of a Covid-19 policy in December for a well-loved restaurant in Sherman Oaks, that filed a business interruption claim with insurer Century-National. Many states have been siding with insurers…
By Lauren Sausser | Kaiser Health News MOUNT PLEASANT, S.C. — Most of the 30 volunteers who work at the 130-bed, for-profit East Cooper Medical Center spend their days assisting surgical patients — the scope of their duties extending far…
