IFAwebnews » CA

Federal health reform would add 100,000 jobs, $4.4 billion to Calif.

Bob Graham — Mon, 21 May 2012 13:36:46 +0000

The federal health reform law would create about 100,000 new jobs and add $4.4 billion to California's economy, according to a new study.

Federal health reform would add 100,000 jobs, $4.4 billion to Calif. via IFAwebnews.

Towers Watson boosts Medicare offerings with $435M Extend Health deal

IFAwebnews Staff — Mon, 14 May 2012 13:49:59 +0000

Towers Watson, a professional services company based in New York, is acquiring Extend Health, which operates the largest private Medicare exchange in the U.S., as it seeks to expand its retirement services offerings.

Towers Watson boosts Medicare offerings with $435M Extend Health deal via IFAwebnews.

Beverly Hills dentist accused of 113 counts of insurance fraud

Jaime L. Brockway — Thu, 10 May 2012 12:29:08 +0000

A Beverly Hills, Calif., dentist and his office manager were arrested for allegedly submitting fraudulent billing statements to four insurers for services that were never performed.

Beverly Hills dentist accused of 113 counts of insurance fraud via IFAwebnews.

MetLife to pay $600 million to consumers in ‘landmark’ settlement

Jaime L. Brockway — Mon, 23 Apr 2012 21:40:09 +0000

A group of six states reached a $40 million “landmark” settlement today (April 23) with nine MetLife insurance companies that might return about $600 million to consumers nationwide.

MetLife to pay $600 million to consumers in ‘landmark’ settlement via IFAwebnews.

UnitedHealthcare agrees to coverage for autism services in California

IFAwebnews Staff — Tue, 17 Apr 2012 17:47:42 +0000

UnitedHealthcare has agreed to provide its members with immediate coverage of behavioral therapy for autism in California.

UnitedHealthcare agrees to coverage for autism services in California via IFAwebnews.

California insurance agent must pay back $62,000 in false commissions

Jaime L. Brockway — Mon, 16 Apr 2012 09:39:42 +0000

A former Culver City, Calif., insurance agent was sentenced for collecting more than $62,000 after submitting 377 fraudulent insurance applications to a life insurer.

California insurance agent must pay back $62,000 in false commissions via IFAwebnews.

Aetna disputes California finding its PPO rate hike is ‘unreasonable’

Bob Graham — Fri, 06 Apr 2012 18:11:19 +0000

Health insurer Aetna rejected California Insurance Commissioner Dave Jones' request not to increase premiums for its small-group PPO product.

Aetna disputes California finding its PPO rate hike is ‘unreasonable’ via IFAwebnews.

Justice Department tells Humana, Arcadian to divest in five states

IFAwebnews Staff — Thu, 29 Mar 2012 17:16:57 +0000

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.

Justice Department tells Humana, Arcadian to divest in five states via IFAwebnews.

California wants to limit stop-loss policies used by small employers

Jaime L. Brockway — Wed, 28 Mar 2012 16:14:13 +0000

California insurance regulators are introducing, to the dismay of the insurance industry, controversial legislation to limit self-insurance for small businesses that they say undermines the federal health care reform.

California wants to limit stop-loss policies used by small employers via IFAwebnews.

California company acquires East Coast MGA and Peachtree Casualty

IFAwebnews Staff — Wed, 28 Mar 2012 13:17:33 +0000

A San Diego, Calif.-based holding company has bought a managing general insurance agency and a private auto insurance company as it seeks to expand its national footprint.

California company acquires East Coast MGA and Peachtree Casualty via IFAwebnews.