Archive for the 'Business insurance' Category

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Used to health insurance affordable

A system of national health crisis can not be solved with a single bill.
This was the message yesterday, as a legislator, saw a proposal to solve the problem here in Rhode Island by reducing the costs of health insurance for small employers.
After months of negotiations with insurers, the National Health Insurance Commissioner Christopher F. Koller, […]

United to acquire Oxford Health .9 billion

United Health Group Inc. acquired Oxford Health Plans Inc. a company and cash transaction valued at approximately $ 4.9 billion, United Health said yesterday.
The merger would result in one of the largest insurers in the north-east. United Health Group is the parent company of United Health Care of New England, the second insurer in Rhode […]

AIG said in the accounting error

American International Group Inc., the largest insurer in the world, said yesterday that he engages in improper conduct, perhaps excessive society with a value so much clearer than 2 percent or 1, $ 7 billion during the last 14 years.
AIG, which displaces Chief Executive Officer Maurice “Hank” Greenberg earlier this month and structured transactions with […]

Laura Paul Kersey Tetrault: Insurers respond to market changes

Framingham - EIGENTUMERS in Rhode Island and in other neighbouring countries are increasingly frustrated by insurance. Many have seen their premiums increase. Others have been asked to participate higher or install hurricane shutters. Many have received notices of non-renewal of their insurers, including human beings, was provided with the same company for years and never […]

N.Y. General Public Prosecutor accuses the insurer of fraud

Albany, NY - New York Attorney General Eliot Spitzer yesterday insurance giant Marsh & McLennan continued involvement and American International Group and several others in a fraud probe, whereby brokers were payments of insurance companies to steer customers receive the way, rather than the best price for the policy, as they need it.
Spitzer argued that […]

AIG, the best leaders, accused of fraud

General Eliot Spitzer yesterday filed a civil complaint against American International Group Inc., has cast the nation’s largest insurance company and two former top leaders of “deception and fraud” to boost the stock price of the business.
In a related action, the president of one of the greatest nation enterprises insurance brokerage of his resignation as […]

N.Y. Attorney General Probes federal insurance

The assurance of the economy could very well differently today in New York Attorney General Eliot Spitzer, with his investigation.
His previous probes in the financial services industry forced reforms in research analysts, which was decided contaminated by links to lucrative investment banking deals and investment funds, where individuals were selected Trading Privileges to detriment of […]

Report a damning indictment of Beaconsfield

The Beacon Mutual Insurance Co. gave preferential tariffs to certain companies and maintained “inappropriate relationship” of some insurance agents, get too generous commissions and was on golf, travel to North Carolina and Scotland with Beacon President, after a verification of Giuliani Security and Safety.
The report, on behalf of Beacon’s Board of Directors in February and […]

The hurricanes took sparks on the insurance market in stocks

This year’s hurricane season has many homeowners and more research on the fine print on their insurance policies, and many investors eyeing the impact on insurance shares.
With a total insured damage by hurricanes Charley, Frances and Ivan on estimates of $ 15 billion to 18 billion dollars, and more storms brewing on the lake, is […]

Do not worry a written assurance Coast RI

While national insurers have backed away from writing policies in coastal areas, paralyzing fear of losses before the hurricane and storm damage, a new local company to swim against the current.
It is aptly named Narragansett Bay Insurance Co., and its business plan writing, composed of 30 per cent to 40 per cent of its policy […]


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