business - "insurance"

American International Group Inc plans to establish a global shared services and data centers in Malaysia through one of its subsidiaries, the insurance giant said on Saturday. via Earth Times

Minnesota Gov. Tim Pawlenty signed a bill on May 14th that requires insurance companies and agents to notify homeowners annually if their insurance policies do not include flood coverage. The required

Washington's insurance Commissioner's Office is currently seeking proposals from consultants in the areas of accounting and legal services to review the proposed sale of Safeco insurance Companies to

Wilmington (Delaware) City Council President Ted Blunt has suspended his campaign for lieutenant governor.Blunt issued a statement saying it was important for the Democratic Party to unite.Th

It's time for the group representing the states' insurance regulatory experts to pack up its bags, computers and name badges -- and move to Washington, D.C.The National Association of insurance Com

Kaiser Permanente to pay $300,000 settlement in insurance lawsuit.

Governor's Press Office * SPECIAL TO THE DEMOCRAT * May 20, 2008 Gov. Charlie Crist continued a weeklong series of health-care bill signings today by signing Senate Bill 2654, which increases health insurance ...

Some HMOs in New York state are restricting patients' access to so-called single-source drugs, brand-name medications for specific ailments that do not have lower-cost generic versions, according to a report released on Sunday, the New York Daily News reports. The report, released by state Sen. Jeffrey Klein (D), involved a survey of the 15 HMOs with drug plans in the state -- including Aetna Oxford Health Plans Cigna Health insurance Plan of New York group health Associates and HealthNet of New York. Klein surveyed the HMOs to determine how and whether the companies restrict prescriptions to 20 common single-source drugs. The survey found several restrictions had been placed on consumers, such as a 'medical exception,' meaning that a patient and physician had to obtain prior permission from the insurer for coverage of a drug, which could be granted at the discretion of the company. Other insurers set quantity limits on certain drugs or implemented a 'step therapy' rule, under ...

House buyers may find that their new home is uninsurable due to poor planning reveal industry experts. The Association of British Insurers (ABI) has warned that home insurance may increase if the government plan to build millions of new homes on floodplains goes ahead.

(Crain's) - Allstate Corp. hasn't been much of a player in acquisitions in recent years, but that may change now that the markets' pummeling of insurance companies has reduced would-be sellers' expectations. In comments following Allstate's annual meeting Tuesday, CEO Thomas Wilson ...