CIGNA HealthCare of Texas hired James Saad as its new vice president for small group sales, the company reported. Saad brings more than 20 years of health care benefit experience in the small group market to this position. “I am …
The Bush administration has approved an Arkansas program to offer insurance to thousand of low-income workers, a spokesman for Gov. Mike Huckabee said. Huckabee was scheduled to announce the plan, expected to affect 80,000 low-income, uninsured Arkansans, at a news …
The Oklahoma Senate defeated by a vote of 21-25 Senate Bill 1874, which was authored and introduced by the Senate’s Democrat leadership as a lawsuit reform bill. All 21 Republican senators present, joined by four Democrat senators, voted against the …
Perry Murray Wilson, 53, of Black Mountain, N.C. was apprehended on six felony charges including two misdemeanor charges of selling insurance without a license, financial identity fraud, obtaining property under false pretenses and forgery. According to the Department of Insurance, …
An attorney for Merck & Co. insisted at the start of another Vioxx trial that the company adequately investigated the drug’s safety and asserted it was heart disease and other ailments, not Vioxx, that led to two former users’ heart …
Rhode Island Gov. Don Carcieri said he hopes to force health insurance companies pay for an anti-smoking program he wants to cut from the state budget. Carcieri’s proposed budget would eliminate the state’s $835,000 stop-smoking program and reduce the amount …
The Supreme Court refused this week to consider whether a top judge in Illinois improperly voted to throw out a $1 billion judgment against State Farm Insurance Co. after accepting campaign donations from company lawyers and executives. The case raised …
Massachusetts Gov. Mitt Romney has held off on saying whether he’ll support a sweeping health care reform bill crafted by legislative leaders until he can determine if it would require a tax increase to pay for it. Romney said he …
Germany’s Hannover Re has announced a fundamental restructuring its U.S. primary insurance business. “All specialty business – henceforth the strategic focus – is to be transferred to the newly established Praetorian Financial Group, Inc. [PFG],” said the announcement. “Clarendon Insurance …
Jardine Lloyd Thompson Group plc. has reported a 20 percent drop in pretax profits in its preliminary earnings report. The U.K.’s largest insurance broker said that profit “before tax, exceptional items and impairment charges” for 2005 totaled £76.8 million ($133.5 …
