March 10, 2015
Executives from a Massachusetts-based independent insurance agency recently announced the launch of a new agency network. The New England Insurance Group Network, which began operation in January, is based in Newton, Massachusetts. It was founded by Edward Lukatsky and Steven …
March 10, 2015
While workers’ compensation pharmacy benefit managers have been utilizing drug formularies to control prescription drugs costs and monitor medical treatments for a long time, states are now catching on. Drug formularies are lists of prescription drugs that are considered appropriate …
March 10, 2015
The state of Washington has not yet declared a drought this year, but they’re asking the Legislature for $9 million for drought relief in case it’s needed. The Department of Ecology says snowpack level statewide is about 28 percent of …
March 10, 2015
A former Hylant Group Inc. official denied that he misappropriated trade secrets and tried to recruit Hylant employees to Chicago-based Wells Fargo Insurance Services Inc. Todd J. Belden, in a March 4 court filing, opposed Hylant’s request for a court …
March 10, 2015
Federal disaster relief officials are keeping a closer eye on companies that help it provide flood insurance, following allegations by Hurricane Sandy victims that claims were denied or underpaid based on manipulated engineering reports. A spokesman for the Federal Emergency …
March 10, 2015
U.S. Congressional forecasters on Monday once again cut their estimate of Affordable Care Act health insurance coverage costs, citing unexpectedly less spending on premium subsidies and lower enrollment rates through exchanges set up under the 2010 reform. The $142 billion …
March 10, 2015
Verisk Analytics Inc. has agreed to acquire British analytics firm Wood Mackenzie for more than €1.8 billion ($1.937 billion), according to a source familiar with the matter. Wood Mackenzie, a private research consultancy owned by buyout firm Hellman & Friedman …
March 10, 2015
Buying homes, getting jobs and borrowing money will be easier after an agreement by the three biggest U.S. consumer credit reporting services with New York. “This is huge,” Chi Chi Wu, an attorney at Boston-based National Consumer Law Center, said …
March 10, 2015
Willis Group Holdings plc announced that its Affinity business will become a new global practice as it expands into the North American and UK markets. “Existing Affinity-like businesses in these high potential regions will become part of the new practice …
March 10, 2015
A series of train derailments in northern Ontario is cause for concern for Canada’s transport minister, a spokesman said on Monday, as fires continued to burn where Canadian National Railway Co train carrying oil went off the tracks on the …