A Texas judge has finalized a $158 million settlement between Texas and a subsidiary of health care giant Johnson & Johnson in a Medicaid fraud lawsuit over the anti-psychotic drug Risperdal. The agreement, reached during a January trial settled a …
A Florida domiciled auto insurer that provides coverage to 18,000 drivers in the state and Georgia has been acquired by California equity firm looking to enter the non-standard market. Peachtree Casualty Insurance Co. is licensed to market insurance in 38 …
The gecko, caveman and sales clerk Flo might want to check their retirement plans. Their brands are getting overshadowed by competition from “upstarts” like the Allstate mayhem man, State Farm’s QB Aaron Rodgers and the Farmers University professor. The Geico …
Virginia’s attorney general was in an upbeat mood Tuesday after listening to the U.S. Supreme Court’s arguments on the key provision in President Barack Obama’s health care overhaul — a requirement that most Americans buy health insurance or pay a …
Hospitals, insurers, doctors and unions are spending tens of millions of dollars trying to make sure their voices are heard on Beacon Hill as Massachusetts lawmakers weigh sweeping changes to the way the state pays for health coverage. In 2011 …
Kentucky’s General Assembly has given final passage to legislation that would exempt the Amish from a longstanding requirement that they affix bright orange safety triangles on their slow-moving buggies. Lawmakers, in a debate watched by other states with sizable Amish …
Banco Financiero y de Ahorros (BFA) has sold its 10.36 percent stake in MAPFRE AMÉRICA for a consideration of € 244 million [$324 million] to Spanish insurer MAPFRE through the exercise of a put option agreed between the parties in …
Officials with the National Hurricane Center had a message this week for residents living in hurricane-prone areas: Don’t tape your windows. Center officials are joining with a consumer advocate group at the National Hurricane Conference in Orlando, Fla. this week …
A commission put together by Gov. Robert Bentley has made its first recommendations about the availability and affordability of homeowners’ insurance. The Affordable Homeowners Insurance Commission said it decided to back legislation that would create catastrophic savings accounts. These would …
A program to pay hospitals bonuses for hitting key performance measures, or dock them if they miss, failed to improve the health outcomes of patients, according to a large, long-term study. The study could lead to a re-examination of financial …
