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Motorists decelerating on their auto coverage
Drivers, faced with less buying power with their dollar and increases at the gas pump, are trimming their auto insurance coverage, according to a regional insurer. Drivers are seeking the changes to...
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Colorado health insurer finds flaw, now to cover babies of any weight
A Colorado health insurer is reversing its decision not to cover a baby because he was too fat, following nationwide media attention given to the matter. Rocky Mountain Health Plans announced it found...
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Insurance coverage in Maryland unchanged amid new mammogram advice
WASHINGTON – Marylanders will not see any immediate changes to their health insurance coverage in light of the new breast cancer screening recommendations, health officials and insurance companies...
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Disability Insurance: Competition to spur market growth
Although the outcome of the health care reform is uncertain, the need and demand for disability insurance is inevitable. According to the National Association of Health Underwriters, nearly 33% of all...
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Carroll Co. delegate seeks more insurance for convicted drunk drivers
The Maryland House Economic Matters Committee is scheduled to debate a bill this week by a Carroll County delegate seeking to sharply increase the auto insurance requirements for those convicted of, or...
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N.Y. AG says inferior health plans, agent deals ‘leave students at risk’
Ten of the largest health insurers covering students – including Aetna and UnitedHealthcare – were recently subpoenaed in an ongoing investigation into what the New York Attorney General’s Office says...
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Report: Insurance will stem financial impact of oil spill for BP
With the cost of containment and cleanup of a massive oil spill in the Gulf of Mexico rising into the billions of dollars every day, the financial impact for oil company BP will be limited because of...
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Fear of uninsured medical expenses rivaling retirement fund worries
Finding funding for uninsured medical expenses worries people as much as funding their retirements, a new survey finds. Jordan Amin The financial concern expressed for uninsured medical expenses (11%)...
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Wash. State insurer to pay $148,000 for violating prescription law
Regence BlueShield, a Washington State health insurer, was ordered to pay $148,000 for improperly paying claims for the removal of intrauterine devices since 2001. A total of 948 women who were denied...
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Off-book expenses spur overall 14.7% health care spending increase
People are spending 14.7% more – a total of $363 billion – on their health care than “traditionally reported in government accounts,” according to a new Deloitte report. The expenses fall outside the...
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Coventry HMO fined, ordered to submit records for MIA review
A Wilmington, Del.-based health insurance company was ordered to pay a $1,000 fine and submit records to the Maryland Insurance Administration for a review of its policies. Coventry Health Care of...
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Swine flu may mean policy questions for insurance agents
As swine flu continues its spread, insurance agents and brokers can expect increasing questions from their policyholders about coverage. Agents should remain “alert,” keeping their eyes on daily news...
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Kaine signs new law requiring insurers to cover prosthetics
Virginia Gov. Tim Kaine has signed legislation into law that requires private insurers to cover prosthetic devices. Kaine, a Democrat, signed SB 1116 into law with a series of bills addressing military...
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Court rules against Lloyds in Taco Bell outbreak case
A New Jersey court has ruled against an insurance company, siding with Taco Bell Restaurants in a case involving coverage for business losses as a result of food contamination in 2006. The so-called...
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MinuteClinic teams with CareFirst to expand coverage
The largest provider of retail health care in the U.S. has paired with the largest health care insurer in the mid-Atlantic region to offer new health care options to consumers. MinuteClinic has become...
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