Coventry News

Alabama Court Gives Go Ahead to Workers Comp Suit Against AIG, Coventry

An Alabama appellate court has cleared the way for a lawsuit that alleges outrageous and fraudulent conduct by American International Group and Coventry against a worker who was injured in an explosion and sought psychological care. The Court of Civil …

Health Insurers in Illinois, Michigan Seeking Rate Hikes for 2016

Blue Cross Blue Shield and Blue Care Network, which sell medical insurance to more than half of Michigan residents who buy their own coverage under the federal health care law, are seeking 2016 premium increases that average about 10 percent, …

Iowa Health Insurance Exchange Price Info Delayed

Iowa’s insurance commissioner says he needs a commitment from a national insurer before he can release pricing information on policies to be sold on the state’s new health insurance exchange. The prices were scheduled to be released next week, but …

Fund Manager’s Bet on Insurer Coventry Could Pay Off Big

Several big name hedge fund managers opened sizable stakes in health care insurance companies during the second quarter, and David Einhorn’s bet on Coventry Health Care Inc. may already be paying huge dividends for the closely watched investor. On Monday …

Aetna to Buy Rival Coventry Health for $5.6 Billion

Health insurer Aetna Inc. said on Monday that it would buy rival Coventry Health Care Inc. for $5.6 billion to increase its share of the fast-growing, U.S. government-backed Medicare and Medicaid programs. The purchase, which will add more than 5 …