While it is not likely, it is possible that payouts to “clients” of Bernie Madoff — the Wall Street swindler who operated what is probably the largest Ponzi scheme in ...  Read →  Read Story

With insurers among the first to line up for a federal bailout, followed by the auto industry, speculation has run rampant over who might line up next.  While suspects such ...  Read →  Read Story

A month ago, Aetna announced a massive layoff in response to the worsening economy. Now, Cigna is paring down its employment ranks, according to IFAwebnews.com.

It didn’t take long for Delaware Insurance Commissioner Matt Denn to impose a $150,000 fine against the state’s BlueCross BlueShield affiliate…in fact it took one day.

On Dec. 24 – Christmas ...  Read →  Read Story

Delaware Insurance Commissioner fines Blue Cross $150,000 for privacy violations

BlueCross BlueShield of Delaware is hoping to return an early Christmas gift by state insurance commissioner Matt Denn: a fine of $150,000.

Following a Dec. 24 hearing, Denn levied the fine, ...  Read →  Read Story

HEALTH INSURANCE: Mini med plans are invading

It is said that nothing is constant except change and we know all too well that the benefits industry is a prime example of this axiom.

Debates over the uninsured and ...  Read →  Read Story