UnitedHealth has named a new head of its insurance segment less than two months after the death of a former executive.

UnitedHealth Group CEO Andrew Witty acknowledged the U.S. health care problems, cited high prices of medical services as root cause.

The cyberattack at UnitedHealth's tech unit Change affected the personal information of 190 million Americans, TechCrunch reported on Friday.

Despite the shocking incident, and subsequent financial loss, the company posted a better-than-expected profit in the final quarter of 2024

UnitedHealthcare has appointed Tim Noel as its new CEO following the fatal shooting of the company’s former leader Brian Thompson in December. Thompson was killed while walking to an investor

UnitedHealth Group CEO Andrew Witty told analysts that the company is positioned well for growth in 2025. This comes just a month after the CEO of its insurance unit was murdered.

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

Tim Noel has been appointed as the new CEO of UnitedHealth, the largest health insurer in the United States, following the tragic death of his predecessor, Brian Thompson. This leadership change comes nearly two months after Thompson was shot and killed outside a Manhattan hotel where he was staying.

UnitedHealth Group is facing a staggering loss in its market value following the former CEO’s sudden murder. The shocking assassination of Brian Thompson last December took the world by storm as all eyes focused on Luigi Mangione — the man who was allegedly responsible for gunning him down.

UnitedHealth Group shares have lost more than $63 billion in value since the murder of UnitedHealth CEO Brian Thompson in early December.