Clik here to view.
Prescription benefit provider for 21 states suspended by Medicare
The U.S. Centers for Medicare & Medicaid Services (CMS) has suspended the marketing and enrollment activities of a New York-based company for not meeting the prescription drug needs of some of its...
View ArticleClik here to view.
MIA evaluating effect of attorney general’s same-sex marriage ruling
The Maryland Insurance Administration is evaluating whether the recent ruling from Maryland’s attorney general saying the state must recognize same-sex marriages performed in other states affects...
View ArticleClik here to view.
AXA Equitable unit unveils retirement-income planning course
AXA Distributors, the annuity wholesale distribution unit of AXA Equitable Life Insurance Co., created “Cracking the Code,” a retirement-income planning curriculum for financial professionals. The...
View ArticleClik here to view.
Medicare pulls contract of provider over ‘significant deficiencies’
Just a little over a week after it suspended a prescription benefit provider for 21 states, the U.S. Centers for Medicare & Medicaid Services has terminated the company’s contract, effective...
View ArticleClik here to view.
Hawaii boosts insurance fees to help offset its budget shortfall
Hawaii’s legislators, who ended their annual session April 30, looked to the insurance industry to help recover from its budget deficit, an approach one trade association says will mean increased costs...
View ArticleClik here to view.
Hawaii’s insurance commissioner Schmidt resigns to join law firm
Leaving state office, but continuing his involvement in the insurance industry, Hawaii Insurance Commissioner J.P. Schmidt has tendered his resignation, effective July 1. J.P. Schmidt Schmidt,...
View ArticleClik here to view.
State insurance regulators meet with president on health reform
A majority of the states represented in the National Association of Insurance Commissioners (NAIC) met with President Barack Obama Sept. 22 to discuss implementation of the Patient Protection and...
View ArticleClik here to view.
Virginia among best, Maryland among worst retirement states
MoneyRates.com rated Virginia as the sixth best state and Maryland as the fifth worst state in two lists naming the 10 best and worst states in which to retire. The best and worst states were chosen...
View ArticleClik here to view.
Insurance rates ‘skyrocketing’, health reform may help, group says
Premiums and deductibles have risen “sharply” since 2003 and are outpacing workers’ payroll increases, although the new health reform law may “reverse” the rate increases, according to a new report....
View ArticleClik here to view.
Florida-based property-casualty carrier licensed in Maryland
Universal Property & Casualty Insurance Co. has been licensed to write property and casualty insurance policies in Maryland. The company, a subsidiary of Fort Lauderdale, Fla.-based Universal...
View ArticleClik here to view.
C.V. Starr unveils new commercial contractor product
C.V. Starr & Co., a subsidiary of C. V. Starr & Co., Inc., is offering its PrimeSTARR product, designed specifically for small- to medium-sized commercial trade and general contractors....
View ArticleClik here to view.
‘Danny’ serving as a reminder of hurricane threat to policyholders
An insurance group says Tropical Storm Danny, which is expected to move up the Atlantic coastline this weekend, serves as a reminder of the potential each hurricane season brings – after several years...
View ArticleClik here to view.
‘Uncertain’ economy forces widespread health ratings withdrawal
The evolving health insurance marketplace is so tumultuous that a key ratings service has withdrawn a series of ratings for more than 125 health insurers, including HMOs and Blue Cross and Blue Shield...
View ArticleClik here to view.
Private insurers get ‘free rein’ without public option, Democrats say
Omitting a government-run health insurance program from a Senate reform bill will give private insurers “free rein” to increase premiums and “drive up the cost of federal subsidies,” according to a...
View ArticleClik here to view.
Company expands Medicare Part D offerings to 20 states
Fox Insurance Co., a stand-alone Medicare Part D Prescription Drug Provider (PDP), is expanding its market presence, providing plans to 20 states by January 2010. Fox Insurance currently offers its...
View Article
