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UnitedHealth CEO Doesn’t Know Why Hacked Server Was Unprotected
Bloomberg via Yahoo News· 39 minutes ago(Bloomberg) -- UnitedHealth Group Inc. Chief Executive Officer Andrew Witty told lawmakers the...
CVS Stock Falls Most Since 2009 as Medicare Costs Shock Wall Street
Barrons.com· 40 minutes agoFEATURE CVS Health stock was in free fall Wednesday after the pharmacy chain and health insurer...
Financial complaints have jumped by around a fifth, says ombudsman service
PA Media: Money via Yahoo Finance· 1 hour agoThe service also saw an increase in general insurance cases, with car and motorcycle insurance...
Louisiana Lawmakers Repeal 'Three-Year Rule' that Barred Policy Cancellations
Insurance Journal· 4 hours agoProperty insurers in storm-swept Louisiana could soon gain much more flexibility over policy...
Rising Cost For Health Insurers Bites CVS Health's Q1 Profit, Stock Tanks
Benzinga via Yahoo Finance· 2 hours agoOn Wednesday, CVS Health Corp (NYSE:CVS) reported first-quarter sales of $88.4 billion, up 3.7% year...
Canopius appoints CUO and CFO in Bermuda
Life Insurance International via Yahoo Finance· 3 hours agoGlobal specialty lines (re)insurer Canopius has boosted its senior leadership team in Bermuda by adding a CUO and CFO. Jesse DeCouto will become the new...
Insurers make record-breaking loss as space gets cramped
The Register· 5 hours agoThe space above the Earth is getting increasingly crowded as launches become more frequent and satellites are squeezed closer together. Space insurers paid out a record $995 ...
Growing Wildfire Risk Leaves States Grappling With How to Keep Insurers From Fleeing
Insurance Journal· 3 hours agoInsurance providers, state regulators and researchers are grappling with how to keep the insurance...
CVS Made a Big Bet on Medicare. It’s Looking Risky.
The Wall Street Journal· 2 hours agoLynch, who led Aetna before taking over as CEO, has invested heavily in the Medicare business. In addition to aggressively expanding enrollment in...
Private Equity and Traditional Insurers Spar Over Risk Rules
The Wall Street Journal· 7 hours agoOver the past decade, insurance has become a cash cow for PE firms. The standoff over illiquid...
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