Midwest
Express Scripts says it has completed its $29.1 billion acquisition of Medco Health Solutions, which company officials say will reduce costs for members.
Savoy Associates, Bancorp Bank team up on HSA program
Savoy Associates, a full-service regional health insurance general agency, recently launched an Health Savings Account (HSA) banking initiative with The Bancorp Bank.
Austin Mutual Insurance Co., a Minnesota-based regional property-casualty insurer, is affiliating with The Main Street America Group, a super regional property-casualty insurance carrier building its midwestern footprint.
The U.S. Justice Department is forcing Humana and Arcadian Management Services to divest themselves of Arcadian’s Medicare Advantage business in parts of five states to secure approval of Humana’s acquisition.
A Puerto Rican group denounced State Farm Insurance for using former Indiana Hoosier basketball coach Bobby Knight in its TV advertisements appearing during NCAA March Madness men’s college basketball tournament games.
USI Insurance in Briarcliff Manor, N.Y., acquired an Itasca, Ill.-based property-casualty and employee benefits operation.
Texas health company grows with second acquisition of the year
HealthSmart Holdings, based in Irving, Texas, acquired a Springfield, Mo.-based insurance and health care services company to expand its national presence.
OneAmerica, based in Indianapolis, Ind., saw its retirement business have its most successful year in all major sales categories last year, as well as retain 95% of existing business.
California’s insurance regulators are challenging two insurance companies for using “large deductible agreements” on workers’ compensation cases without their approval.
Md. TPA offers its national Healthy Solution for employee health costs
A health insurance administrator, based in Maryland, is offering a new approach toward health and wellness, hoping it will bend the curve on health costs for its clients.

Federal health reform would add 10,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase

Life insurers sell shares in British tech firm to Pa. company
FINRA estimate for IA SROs excludes monetary, administrative details
Most insurance agencies seeing better results than last year

Pa. broker adds $181,000 commission to $2.1M false insurance invoice
A.M. Best rates Pa.-based insurer’s outlook ‘negative’
With five-year plan stuck, House passes new short-term NFIP extension


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