A proposal to overhaul the way doctors and hospitals are paid in Massachusetts, a pioneer in healthcare, could help hold down spiraling costs and may have lessons for Washington as it grapples with reforming the U.S. health system. A state-appointed …
American International Group Inc., the insurer that has received billions of dollars in federal aid, withheld $2.4 million in bonuses due to be paid to dozens of senior managers on July 15. The AIG decision was disclosed by George Madison, …
Bellevue, Wash.-based National Specialty Underwriters Inc. (NSU) was named one of Washington’s “2009 Best Companies to Work For” by Seattle Business Magazine. The publication chose 100 finalists in its search. More than 10,000 employees from nominated companies completed anonymous surveys …
Illinois small business owners are being crushed by rising health care costs, and feel left out of the current health care debate in Washington, according to a report recently released by Illinois Public Interest Research Group in Evanston. The new …
Health insurance advisors, independent agents and brokers, consultants and employee benefit specialists combined forces again recently to voice their concerns over the single most important issue for insurance providers today: opposition to a public insurance option as part of any …
Clements International, a Washington, D.C.-based provider of global insurance solutions, has named J. Christopher Beck president. Beck was previously senior vice president of the company. Beck has led the sales divisions of Clements International since 2000. With more than 20 …
Premier Insurance Management Services Inc. (PIMS) out of Charlotte, North Carolina, is offering a new professional medical liability insurance program to not-for-profit hospital members of the Premier healthcare alliance. PIMS, a wholly owned subsidiary of Premier, is parterning with Medical …
NAPCO Wholesale commercial insurance brokerage NAPCO has relocated its corporate headquarters to an 11,000-square foot office inside the Woodbridge Hotel and Conference Center complex in Iselin, New Jersey. NAPCO says the move was prompted by steady growth in the catastrophic …
Focus Holdings, Capacity Insurance Focus Holdings, LLC in Sunrise, Florida, closed on its acquisition of Capacity Insurance Co. (CIC), a Florida domestic commercial lines insurer, effective July 1, 2009. Focus, better known by the name of its largest subsidiary, MacNeill …
AIG, 21st Century Insurance, Farmers Group Inc. American International Group has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to Farmers Group Inc. (FGI), a subsidiary of Zurich for …
