Archive for October, 2009
The U.S. Department of Health and Human Services recently announced $40 million in grants to help find and enroll children who are uninsured, but eligible for either Medicaid or the Children’s Health Insurance Program (CHIP). Read Story
Two Westchester County, N.Y., public adjuster companies were fined $25,000 each for soliciting business outside of business hours and one also was cited for operating without a license. Read Story
Keystone Insurers Group has acquired the benefits division of Indiana-based Synergy Insurance Group, saying the purchase will better position it against larger firms. Read Story
Five life insurance industry organizations have joined to combat what they say is a mischaracterization of corporate-owned life insurance by Michael Moore in his movie, "Capitalism: A Love Story." Read Story
Travelers Cos., one of the largest property-casualty insurers in the U.S. reported that third-quarter profits rose more than four-fold. Read Story
Formerly named the Amigo Short Term Medical Plan, HCC Life Insurance Co. announced that the product is now known as HCC Life Short Term Medical. Read Story
To help meet the need for added coverage to those working to improve the nation’s infrastructure, Travelers is paving the way with a new highway, street and road contractors program. Read Story
The House Judiciary Committee has approved a bill that “fixes a mistake” in removing the federal antitrust exemption for health and medical malpractice insurers. Read Story
Two rings of alleged drug dealers, including several doctors and pharmacists, were arrested in connection with the black-market distribution in New Jersey of thousands of prescription pain pills, many of which were paid for through Medicaid and private insurance. Read Story
The life settlement industry, still reeling from its loss of funding sources in 2008 that caused a 4% decline in transactions, may be poised for a strong return, an industry analyst predicts. Read Story


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