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Archive for the Insurance News Net Category

Humana, Aetna extend merger deadline

Humana, Aetna extend merger deadline

Aetna Inc. and Humana Inc. are giving themselves a little more time to shore everything up before merging. On Friday, both companies filed 8-K forms with the U.S. Securities and Exchange Commission pushing the deadline to close the deal back to Dec. 31, 2016 According to Aetna’s […]

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Independence Blue Cross to start covering device-based asthma procedure

Independence Blue Cross to start covering device-based asthma procedure

Independence Blue Cross said Friday it has become the first health insurer is Pennsylvania to provide coverage for a device-based procedure performed to help asthma patients. The procedure, called a bronchial thermoplasty, is used to improve symptoms in patients with asthma that can’t be managed using inhaler […]

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Fed says judge wrong in overturning MetLife ‘too big to fail’ label

Fed says judge wrong in overturning MetLife ‘too big to fail’ label

The U.S. government is seeking to overturn a judge’s ruling that the Fed’s label of MetLife as “too big to fail” was a mistake. The March ruling from U.S. District Judge Rosemary Collyer that said MetLife in essence was “not too big to fail,” was seen as […]

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Market won’t drown with new players despite flood insurance reform

Market won’t drown with new players despite flood insurance reform

Opening the U.S. flood insurance market to private insurers won’t lead to a surge of new players, Standard & Poor’s asserts in a new report. Even if Congress passes legislation to make the change as it is widely expected to do, insurers have a number of obstacles […]

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Large U.S. auto insurer price perceptions drag market customer satisfaction down

Large U.S. auto insurer price perceptions drag market customer satisfaction down

After improving in each of the past two years, a decline in satisfaction among the nation’s largest auto insurers is driving overall industry satisfaction downward as customers react negatively to the perception of price increases, according to the J.D. Power 2016 U.S. Auto Insurance Study Included in […]

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Western bank offers cyber insurance to business clients

Western bank offers cyber insurance to business clients

Grandpoint Bank, which operates in the western U.S., is selling cyber insurance policies to its business customers to provide coverage for wire-transfer and cyber fraud. Los Angeles-based Grandpoint, which does business in California, Arizona and Washington, says it is the first bank to market policies of this […]

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California insurance commissioner urges Feds to block $54 billion Anthem-Cigna deal

California insurance commissioner urges Feds to block $54 billion Anthem-Cigna deal

California Insurance Commissioner Dave Jones urged federal officials to block the merger of health insurance giants Anthem Inc. and Cigna Corp., declaring the $54-billion deal anti-competitive and harmful to consumers. The state insurance department doesn’t have the authority to thwart the merger on its own, but Jones’ […]

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Insurer hoped to cash in on Obamacare, but reality is millions in losses

Insurer hoped to cash in on Obamacare, but reality is millions in losses

Oscar Health was going to be a new kind of insurance company. Started in 2012, just in time to offer plans to people buying insurance under the new federal health care law, the business promised to use technology to push less costly care and more consumer-friendly coverage. […]

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How to prevent skin cancer despite the hot Texas sun

How to prevent skin cancer despite the hot Texas sun

Sponsored content from The University of Texas Health Science Center at San Antonio It only takes five or more sunburns in a lifetime to double your risk for getting… more Image provided by Getty Images (JOHNNY GREIG) South Texas is called the hotbed of skin cancer for […]

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3 health care firms made the PBJ's Fastest-Growing Cos. list; Here's where they ranked

3 health care firms made the PBJ's Fastest-Growing Cos. list; Here's where they ranked

No. 3 Provata HealthBased: Lake OswegoFounded: 2013 Three health care companies in Oregon and southwest Washington made the PBJ’s Fastest-Growing Private Companies list. And while the number of health-related firms represented may have been limited, those that landed on the 2016 list made a strong showing. Click […]

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