Standard & Poor’s Ratings Services has issued a report entitled “Global Multiline Insurers Brace For A Testing Second-Half 2007 As Property/Casualty Market Languishes,” on its RatingsDirect service. The title is self-explanatory. S&P indicated that, “despite some recent upgrades, global multiline …
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of forcing good insurance risks to pay more – …
In a world where one-stop shopping is the norm, it makes sense that consumers now demand cosmetic and medical services be blended and offered in one location. With no extra travel and no extra hassle, a one-stop, beauty overhaul the …
In a world where one-stop shopping is the norm, it makes sense that consumers now demand cosmetic and medical services be blended and offered in one location. With no extra travel and no extra hassle, a one-stop, beauty overhaul — …
A Massachusetts man pleaded guilty this week to his role in a multistate scheme in which prosecutors say he and his wife intentionally ate glass at restaurants and collected more than $200,000 in compensation. Ronald Evano, 49, pleaded guilty to …
A fat cat, or dog, may result in a fat bill. Veterinary Pet Insurance (VPI), the nation’s oldest and largest provider of pet health insurance, recently reviewed policyholder data to find that it reimbursed more than $14 million last year …
New York Attorney General Andrew M. Cuomo has warned two major health insurers, Aetna and Cigna Healthcare, that their physician ranking programs, as currently designed, “are likely to confuse or even deceive consumers.” In letters to the two insurers, Cuomo …
A new report from Standard & Poor’s Ratings Services notes that “from October 2006 to August 2007, the Australian non-life [P/C] insurance industry underwent a deluge of activity that is changing the industry landscape permanently.” The report entitled, “Australian Non-Life …
A new report from Standard & Poor’s Ratings Services notes that the New Zealand non-life (P/C) insurance industry is still on a downward pricing cycle that has yet to correct. The report entitled, “Pursuit For Topline Growth Will Test Underwriting …
A Connecticut physicians group has sued three insurance companies, claiming they steer patients to certain doctors designated as elite to cut costs. In a lawsuit filed in Danbury Superior Court, the Fairfield County Medical Association accused Cigna Corp. and UnitedHealth …
