After five months of negotiations, an Ohio University sorority has paid $25,500 in settlement money for damages caused at a winter formal.

Commercial, Medicare health care cost increases edge down slightly

Health care service costs for commercial and Medicare insurance programs are rising at a slightly lower rate, according to a Standard & Poor’s analysis.  Read Story

Manulife Financial Corp., the Canadian insurer that bought John Hancock Financial for $13.9 billion in 2004, said uncertainty about increased regulation is stifling mergers and acquisitions in the industry.

Brighton, N.Y., town officials selected a health insurance proposal offered by Excellus BlueCross BlueShield instead of participating in a health care consortium, a move that should save them about $2 million over three years.  Read Story

Md. insurance brokers form group to preserve jobs with health reform

Health insurance agents and brokers in Maryland have formed a coalition whose objective is to ensure their jobs are maintained as the state implements health reform.  Read Story

A couple was awarded over $1.5 million in medical malpractice damages, only to have the award reduced to a third because of a state law that caps medical ...  Read →  Read Story

New York corrections officer arrested for workers’ comp. fraud

A Hudson Falls, N.Y.-based corrections officer was arrested for allegedly lying about being employed while receiving workers’ compensation benefits.  Read Story

Brain-training software could mean fewer at-fault senior car crashes

New brain-training software could reduce the number of at-fault vehicle accidents involving older drivers, and insurers could offer discounts for people over 50 years old who complete the training.  Read Story

Millionaires continue making investments, relying on financial advisors

Millionaires are still investing in the stock market and many depend on financial advisors for investment decisions, a new study shows.  Read Story

FRANKFORT — Gov. Steve Beshear announced Monday changes to save more than $142 million in the cash-strapped Medicaid program over the next two years.