Three House chairs to work together on health care reform initiatives

The chairmen of three committees in the U.S. House of Representatives have agreed to work together to build legislation to overhaul the nation’s health care system, which they hope to ...  Read →  Read Story

Lancaster insurer issues quarterly dividend

Lancaster, Pa.-based Eastern Insurance Holdings Inc. said its board of directors authorized a 7 cent per share quarterly cash dividend on its stocks.

Eastern Insurance Holdings is the parent company of ...  Read →  Read Story

Health insurers looking to stave off more earnings shortfalls

Health insurers will alter pricing in the wake of “serious earnings shortfalls” last year, a key insurance ratings service predicts.

“As a result of last year’s reduced profitability, we expect that ...  Read →  Read Story

A Beltsville, Md., insurance agency, Joseph W. McCartin Insurance, was named the Trusted Choice Agency of the Month by Trusted Choice, the branding program of the Independent Insurance Agents & ...  Read →  Read Story

New umbrella policy targets needs of high net worth clients

ACE Private Risk Services offers a new umbrella policy targeting its high net worth clients. The new policy features liability limits up to $100 million.

ACE Private Risk Services has begun ...  Read →  Read Story

Financial services firm reorganizing, trimming up to $250 million this year

To fight “a period of prolonged economic stress,” a Pennsylvania-based financial services firm is reorganizing its staff and taking other steps it hopes could trim up to $250 million from ...  Read →  Read Story

UnitedHealthcare offering N.J. social services workers lower-cost health insurance

UnitedHealthcare has partnered with the Social Services Purchasing Alliance to provide more than 10,000 employees a 5% discount on the New Jersey Small Employer health plans it offers.

The plans include ...  Read →  Read Story

Taking cover from a barrage of criticism from both sides of the aisle in Congress, as well as major veteran advocacy groups — not to mention unending negative media attention ...  Read →  Read Story

Life insurance sales up 1% in February

Application activity for individually underwritten life insurance rose 1% in February compared to the same month last year, according to the MIB Life Index.

Activity for people age 60 and older ...  Read →  Read Story

Carrier to offer its health plan members real-time cost estimates for procedures

CIGNA plans this spring to launch a system that provides actual cost and benefit information for its members prior to them seeking treatment.

The CIGNA Cost of Care Estimator is new ...  Read →  Read Story