Seniors who've tried to wade through all the marketing brochures for Medicare prescription drug plans know how confusing they can be. As it turns out, those brochures do a pretty poor job of meeting the guidelines laid out by the feds. A report out yesterday from the inspector general's office [...]
RTT News |
September 5th, 2008 |
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Private insurance-provider Max India has entered into a joint venture agreement with the UK-based British United Provident Fund or BUPA to set up a standalone health insurance company by name Max Bupa Health Insurance Ltd., media reported.[...]
MSN |
September 5th, 2008 |
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Our game's top player so far this round uses screens based in part on the Oracle of Omaha's strategy -- and is outperforming Buffett's flagship Berkshire Hathaway.[...]
Most of the marketing materials that private insurers use for their prescription-drug plans fail to meet all of Medicare's guidelines, federal auditors said.[...]
CNN |
September 4th, 2008 |
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Read full story for latest details.[...]
California's Legislature adjourned Sunday, after passing a bunch of bills that tweaked health-care rules in the state. But the state's lawmakers failed to pass the kind of sweeping reform that Gov. Schwarzenegger was pushing when the two-year session began. This morning's Los Angeles Times has a wrap-up. Measures that passed [...]
The Street |
September 4th, 2008 |
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This insurance company is a sign of deflation, and it's not done yet.[...]
Seeking Alpha |
September 4th, 2008 |
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The Wall Street Journal “Price Strategy Puts WellPoint in Bind” reports that the CEO of America’s largest health insurer, Angela Braly, is having difficulty balancing shareholders' need for profits with unaffordable premiums. To cope with rising medical expenses, WellPoint (WLP), sharply increased premiums. WellPoint lost 189,000 members in the first [...]
The Street |
September 4th, 2008 |
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Petsmart, Pico Holdings, RadioShack, Ship Finance International and Vimpel-Communications make the list.[...]
NYT Dealbook |
September 4th, 2008 |
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AIG, the troubled insurance giant, is working with JPMorgan Chase as it considers a possible plan to put billions of dollars of its most toxic assets into a separate company, The New York Post reported, citing undisclosed sources. The plan hasn't been made final, but an unnamed official told the [...]
Seeking Alpha |
September 4th, 2008 |
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Berkshire Hathaway’s (BRK.A) (BRK.B) HomeServices of America residential real estate brokerage unit, run by CEO Ron Peltier, is putting the pedal to the metal acquisition-wise:Peltier said he expects to spend $200 million in the next two years paying 20 cents to 25 cents on the dollar for distressed brokerages to [...]
New York Yankees fans glum about the team's standing seven games out of the playoffs and the impending demolition of the old Yankee Stadium have a reason to tune in to the team's remaining 24 games. WCBS, the team's local radio broadcaster, is promoting big prizes for listeners if the [...]
Chicago Tribune |
September 3rd, 2008 |
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Insured losses for Hurricane Gustav could reach as high as $10 billion, which would make it the sixth-most-costly U.S. catastrophe.[...]
The high cost of health insurance has aggravated patients and employers and generated plenty of debate on the campaign trail. But there's one constituency that tends to stomach price hikes just fine: investors. One giant health insurer that's certainly aware of the phenomenon is WellPoint, which has seen its profits [...]
NYT Dealbook |
September 3rd, 2008 |
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High-ranking bankers at Dresdner Kleinwort are said to be considering a management buyout of the London investment bank after Commerzbank agreed to buy its parent, Dresdner Bank, for 9.8 billion euros from Allianz ($14.2 billion), The Deal reported. Meanwhile, potential suitors are reportedly considering offers for part of the investment [...]
NM-Albuquerque, Description Infinity Insurance Company , a national provider of personal automobile insurance is seeking a dynamic, enthusiastic Business Development Representative . This self-starter will be respons[...]
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TX-Dallas, SUPERVISOR DATA ANALYSIS SCOR Global Life U.S. is a Reinsurance company based in Dallas , Texas that supports Life Insurance companies by providing solutions and capacity in life and Annuity products.[...]
