This year will probably go down in history as a year with one of the highest numbers of victims and insured losses in the wake of natural catastrophes. More than 150,000 lives have been lost between January and June, while overall losses so far total about $50 billion. The insured …
California insurance regulators have ordered Allstate Insurance Co. to cut rates for homeowners coverage by an average of 28.5 percent, representing a savings of $255 million for policyholders.
Allstate customers would save an average of $242 per policy per year, state Insurance Commissioner Steve Poizner said in a news release Thursday.
Allstate, …
WASHINGTON, July 9 /PRNewswire-USNewswire/ — The Pharmaceutical Care Management Association (PCMA) released the following statement on Senate passage of the Medicare bill, which includes a provision that requires physicians to use electronic prescribing (e-prescribing) in Medicare:
“The inclusion of an e-prescribing requirement in Medicare is a major victory for America’s …
July 9 (Bloomberg) — Progressive Corp., the third-biggest U.S. auto insurer, stands to benefit from record gasoline prices and a slowing economy as fewer drivers take to the roads.
With gas prices above $4 a gallon and the unemployment rate hovering at the highest point in almost four years, Americans are …
WellPoint on Monday agreed to pay $11.8 million to about 480 private and public hospitals in California to resolve allegations that subsidiary Anthem Blue Cross failed to pay the bills of patients who had their health insurance policies canceled after they received treatment, the <a href=”http://www.latimes.com/business/la-fi-insure8-2008jul08,0,7714776.story?track=rss” …
MIAMI (AP) — Forecasters say Hurricane Bertha is moving slowly, but could regain major hurricane status as it heads toward Bermuda. The storm is currently a Category 2.
It’s unknown if or when the hurricane will make landfall and what impact it could have on Bermuda. Forecasters have been urging people …
WASHINGTON -(Dow Jones)- A U.S. House subcommittee on Wednesday passed a measure creating an insurance policy office within the Treasury Department, marking a potential broadening of the federal government’s role in an industry traditionally governed by the states.
A House Financial Services subcommittee approved by voice vote a bill to …
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Metropolitan Advisory Group Inc. (“MAG”) helps insurance brokers, financial advisors and wealthy individuals maximize the full potential of new opportunities that now exist in the insurance marketplace. MAG’s strategies can allow an advisor to dramatically boost their own income while providing their clients with more valuable advice and …
TRENTON, N.J. (AP) — New Jersey on Tuesday expanded a government health insurance program to cover more low-income families and provide coverage for all children in the state.
The bill signed by Democratic Gov. Jon Corzine is viewed as the first step toward ensuring that all New Jerseyans have health insurance …