U.S. insurers are targeting the wealthy as one of the few client groups willing to pay higher rates and buy more policies, and competition to serve those people is increasing. From life insurers to property and casualty underwriters, the story …
Repeal reform? No thanks, say health insurers, drugmakers and others looking for a clearer picture of the U.S. healthcare market after the bruising passage of the controversial overhaul law. Company executives at the Reuters Health Summit this week said the …
Federal labor officials have taken aim at a Connecticut ambulance company they allege fired a union employee who posted negative comments about her supervisor on her personal Facebook page. The complaint issued by the Hartford office of the National Labor …
Any efforts to halt progress on implementing the nation’s healthcare overhaul or to freeze funding are a step in the wrong direction even though some changes are needed, the president of Aetna Inc. told Reuters Wednesday. Republicans, who made gains …
Lawsuits against banks over their mortgage lending and foreclosure practices continue to pile up, with JPMorgan, PNC Financial Services and Ally Financial disclosing suits on Tuesday. JPMorgan Chase & Co. faces two possible class action lawsuits related to foreclosures, the …
Dutch bancassurance group ING said on Wednesday it planned two initial public offerings, rather than one, for its insurance activities as part of a mandatory split-up imposed because of its state bailout. Chief executive Jan Hommen told a conference call …
John Mina has been appointed managing partner at Willis of Maryland, Inc. Mina will be responsible for business development for Willis’ Washington, D.C.-based insurance brokerage operations. He will be based in Potomac, Md. Willis of Maryland has more than 100 …
Proposed 30 percent increases in what medical providers in New York are paid for treating workers’ compensation injuries could have unintended consequences for the state’s motorists, an industry group has warned In a letter to the New York State Workers …
Thousands of laborers, police officers and firefighters suing New York City over their exposure to toxic World Trade Center dust have until Monday to decide whether to join a legal settlement that could ultimately pay them as much as $815 …
Ambac Financial Group Inc., which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, filed for Chapter 11 bankruptcy Monday. The filing cements Ambac’s decline from a company that once guaranteed payments on more than $550 …
