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Markel FirstComp provides workers’ comp for NFIB members

Markel FirstComp provides workers’ comp for NFIB members

Posted: February 2, 2016 Markel FirstComp announced a relationship with the National Federation of Independent Business (NFIB) through which small business members across the country can qualify for workers’ compensation insurance. Markel FirstComp is a unit of Richmond, Va.-based Markel Corporation. NFIB, which represents 325,000 businesses in the […]

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Penn Mutual sponsors U.S. Olympic rugby hopefuls, Pennsylvania native

Penn Mutual sponsors U.S. Olympic rugby hopefuls, Pennsylvania native

  The Penn Mutual Life Insurance Company announced its support and sponsorship of two elite rugby athletes during their training and preparation for this year’s summer Olympic Games in Rio de Janeiro, Brazil. Horsham, Pa.-based Penn Mutual named Kristen Thomas and Madison Hughes as brand ambassadors while […]

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N.Y., Minn. offer plans to help low-income residents comply with Obamacare

N.Y., Minn. offer plans to help low-income residents comply with Obamacare

In January, more than 350,000 lower income New Yorkers began paying $20 a month or less for comprehensive health insurance with no deductibles and low copayments, under a federal Affordable Care Act program. Minnesota has similar coverage in place through the same program, with more than 125,000 […]

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Insurer’s approval of genetic testing for some cancers raises questions

Insurer’s approval of genetic testing for some cancers raises questions

Pennsylvania-based Independence Blue Cross’ announcement that it will cover a complex type of genetic testing for some cancer patients thrusts the insurer into an ongoing debate about how to handle an increasing array of these expensive tests. Independence — with its approximately 3 million members — became […]

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N.J. cardiologist charged with $600,000 health insurance double-billing scam

N.J. cardiologist charged with $600,000 health insurance double-billing scam

Posted: February 3, 2016 A Bergen County, N.J., cardiologist has been indicted for allegedly double-billing two private health insurance companies for medical services he provided through two or more of the three health-care entities he owned in Paramus, N.J. The charges were announced by New Jersey Acting Attorney […]

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Aetna joins chorus of insurers concerned about Obamacare exchange business

Aetna joins chorus of insurers concerned about Obamacare exchange business

Aetna has joined other major health insurers in sounding a warning about the Affordable Care Act’s public insurance exchanges. The nation’s third-largest insurer said Monday that it has been struggling with customers who sign up for coverage outside the ACA’s annual enrollment window and then use a […]

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Eppinger to step down as CEO of Hanover Insurance

Eppinger to step down as CEO of Hanover Insurance

Frederick H. Eppinger will step down as president, CEO and director of The Hanover Insurance Group next year, according to an announcment from the Worcester, Mass.-based insurer. The announcement said Eppinger, 56, is leaving to pursue other interests. Eppinger will continue to serve in his current role […]

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Medical Mutual completes HPIX acquisition, expands into Mid-Atlantic

Medical Mutual completes HPIX acquisition, expands into Mid-Atlantic

Medical Mutual announced that it has completed its acquisition of HPIX, expanding the Raleigh, N.C.-based firm’s footprint into the Mid-Atlantic territory. The acquisition is expected to grow Medical Mutual’s insured count by almost 20%. Philadelphia-based HPIX (Healthcare Providers Insurance Exchange) is a reciprocal insurance exchange and provider […]

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AIG increases global commercial property limits to $2.5 Billion

AIG increases global commercial property limits to $2.5 Billion

Posted: February 2, 2016 PRESS RELEASE: The following content has been reprinted in whole or part from a company-supplied press release or issued statement. American International Group (AIG) announced that it has significantly raised available global commercial property limits to $2.5 billion per occurrence. In a statement, AIG […]

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Lombard International expands into Asia

Lombard International expands into Asia

Posted: February 2, 2016 Lombard International, a global life insurance-based wealth solutions provider for high-net worth clients, has expanded into Asia with the opening of a Hong Kong office. Lombard International has regional headquarters in Philadelphia and Luxembourg and is owned by funds managed by Blackstone Group L.P. […]

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