Iowa’s largest health insurance company filed a lawsuit this week to stop three health care organizations from building hospitals without seeking state approval. Wellmark Inc., widely known as Wellmark Blue Cross and Blue Shield, filed the lawsuit in Polk County …
Employment in the state’s insurance industry doubled during a 15-year period ending in 2005, with workers in the industry making far more than other nonfarm employees, a new study found. The study, by Iowa State University economist David Swenson, found …
Maryland-based American Bank Holdings, Inc. and Ohio’s The Grange Bank announced today that the two companies have entered into an agreement under which American’s subsidiary, American Bank, will acquire The Grange Bank. The Grange Bank is a wholly owned subsidiary …
A national insurance trade group provided supporting testimony this week, as Indiana took a step forward in attracting more insurance jobs to the state by lowering its insurance premium tax to 1 percent. “The House Insurance Committee’s unanimous approval of …
Washington’s Office of the Insurance Commissioner has ordered UnitedHealthcare Insurance Co. of Minneapolis to pay a $59,000 fine following an agency investigation into the company’s use of unapproved contracts to add chiropractors to its provider network. The agency ordered the …
California Attorney General Jerry Brown has reached an $8 million, 30-state settlement with Bayer Corp. that will resolve an enforcement action initiated because of Bayer’s failure to adequately disclose safety risks associated with the use of Baycol, a drug used …
The world’s largest kosher slaughterhouse is recalling about 2,700 pounds of potentially underprocessed frankfurters shipped to New Jersey, New York and Pennsylvania, company and federal officials said. Agriprocessors Inc., based in Postville in northeast Iowa, is accepting returns on its …
Although 2006 is safely behind us, some sticky issues are on the horizon as we edge our way into 2007. Case in point is the pending Supreme Court cases of Safeco v. Burr and GEICO v. Edo. The cases are …
Apartment Property Program Nuts & Bolts: Houston-based London American Risk Specialists Inc. has an Apartment Property Program endorsed by the National Apartment Association. The program is available in the continental United States. Highlights of the program include: competitive rates on …
Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …
