For the first time since the law was passed, the administrative burden of ACA compliance surpassed the excise tax as the top concern for employers in Mercer’s seventh health care reform survey, conducted in January of this year.
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Republicans will likely target the Consumer Financial Protection Bureau and capital requirements on insurance companies if they take the Senate.
Any changes the Republicans seek will be tempered by the fact ... Read →
Demand for permanent life insurance is growing in America’s career military, according to First Command Financial Services.
A.M. Best has placed under review with negative implications the ratings of Global Liberty Insurance Company of New York following the recent announcement that Atlas Financial will buy Global for $25 million.
Travelers Cos. said its operating profit edged up 1.1% in the third quarter, easily topping expectations, amid an unusually quiet U.S. hurricane season so far this year and strong investment ... Read →
A new report ranks the nation's 330 largest insurance companies on what they are saying and doing to respond to climate risks, finding strong leadership among fewer than a dozen companies but generally poor responses among the vast majority.
As fear of Ebola infections spreads to developed economies, U.S. and British insurance companies have begun writing Ebola exclusions into standard policies to cover hospitals, event organizers and other businesses ... Read →
Sam’s Club announced that it is opening a private health insurance exchange for its members, a move the company says is aimed at providing the small-business owners that are its ... Read →
Thomas F. Mulligan, president and CEO of Franklin Lakes, N.J.-based Western World Insurance Group, will retire from the firm following its acquisition by Validus Holdings.
Lawley Insurance added to its New York City region footprint by acquiring S. Turteltaub Sons of Bayonne, N.J.
Although insurance companies are generally confident in their existing risk management and control processes, some firms still have work to do as they prepare to file a new regulatory requirement for the U.S. insurance industry.
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A New Jersey woman pleaded guilty for submitting fraudulent healthcare claims that totaled more than $500,000 to her insurer over a two-year span. Read »
Federal authorities have accused a central Pennsylvania insurance agent of running a decades-long investment scam that conned 30 clients out of more than $1.5 million.