Insurance industry software provider Applied Systems Inc., headquartered in University Park, Ill., has signed a definitive agreement to be acquired by private equity investment firm Hellman & Friedman, which has offices in New York, San Francisco and London.
Wholesale brokerage firm R-T Specialty has named Meredith Dyson senior vice president for its property division.
A London-based subsidiary of Hyperion Insurance Group is expanding its presence in the U.S. by acquiring property/casualty program manager PGI Commercial, which has offices in Maryland, New Jersey, New York, Florida, Georgia and California.
One of California’s largest insurers said Monday that about 80,000 individual policy holders whose plans were set to expire Dec. 31 can keep them for three more months as part of an agreement with state insurance officials.
Carolyn Senger, a preventive medicine doctor in San Diego, regularly treats uninsured patients, coaching them how to stay healthy.
A Texas insurance agent and financial planner was indicted for allegedly stealing $1 million from the life insurance proceeds of a client.
New York Life Insurance Co. has agreed to a $15 million payment to settle claims that it misused or did not use the Social Security Administration’s Death Master File database to ensure beneficiaries were paid when an insured died.
They’ve got a few weeks. But if federal officials can’t get the new online insurance marketplace running smoothly by mid-November, the problems plaguing the three-week-old website could become a far bigger threat to the success of the health law, hampering enrollment and fueling opponents’ calls to delay implementation, say analysts.
Consumers aren’t the only ones frustrated by problems with the online health insurance exchanges being run by the feds. Private companies that sell health insurance on the Internet are also in a bind.
The National Insurance Crime Bureau released a report on heavy equipment thefts in 2012 showing that 10,925 reports to law enforcement for the year, a decrease of 7% from 2011.