Amid a wave of criticism focused on her and the state’s insurance office, Delaware Insurance Commissioner Karen Weldin Stewart has announced a meeting to focus on denials of medically necessary tests by insurers.
Employees at American International Group are accepting a bonus reduction of $20 million, nearly a year after their bonuses received national attention, prompting a U.S. House of Representatives’ subcommittee hearing.
Hartford Casualty Insurance Co. and Hartford Underwriters Insurance Co. had a request to vacate an order against them denied by the Maryland Insurance Administration.
A House committee has scheduled a hearing to examine the Federal Reserve Bank of New York’s possible role in prohibiting public disclosure of some of the details of the taxpayer bailout of American International Group.
Claiming hundreds of thousands of federal employees were “grossly misled” by two insurers and a government agency regarding freezes in premiums for long-term care insurance, a Virginia congressman wants a hearing on the matter to prevent future incidents.
Health insurer CareFirst and one of its regional subsidiaries do not have excessive surplus and efforts to divide those funds could prove detrimental, according to a new report.
A day after sharp criticism from a New York regulator on their decision not to participate in a hearing on ratings services and their impact on the insurance industry, Moody’s Investors Services has said it will attend the gathering.
New York officials are examining the marketing practices of companies selling limited benefit health insurance plans in the state, after fining one company $700,000 for violations of state insurance law.
Insurance regulators in Virginia will hold a hearing in October to consider a series of workers’ compensation rate adjustments requested by the National Council on Compensation Insurance.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.