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May
10

Will Obamacare Hurt Young People?

By most accounts, now is a great time to be a young person on the health insurance marketplace. Thanks to the Affordable Care Act, children can stay on their parents' insurance plans until the age of 26; state insurance exchanges will make it easier for young people without a job to purchase

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Apr
19

Globalsurance Customers Experience Increased Security after HTH Merger with Blue Cross Blue Shield

After the recent merge of HTH with Blue Cross Blue Shield, the latest product from the growing company has been launched. It is hoped that the new "GeoBlue" product line, which will replace HTH's "Global Citizen" plan, will allow for increased brand recognition and the merge is expected to be especially promising for clients…

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Nov
19

The Re-Election of Obamacare

When Barack Obama was re-elected to the White House this November, America was reminded that not only is Obama the first African-American to preside in the Oval Office, he is the first president to make health care a primary component of his presidential legacy. Obama's re-election will certainly have important and lasting effects on the Patient Protection and Affordable Care Act, better known as…

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Aug
16

USA combating its worst West Nile Virus outbreak ever

While American farmers are struggling to deal with widespread losses due to the sustained period of drought this summer, a second menace is thriving in the unusually dry climate. The USA is now facing its worst year of the annual West Nile Virus outbreak since the virus was first identified in the USA in 1999. To date, there have been 26 deaths and 693 confirmed cases of the virus in…

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Jun
24

Lloyd's predicts Offshore Drilling Premiums will Rise

According to a recent statement by CEO Richard Ward, Lloyd's anticipates that the premiums for insuring offshore drilling will go up "quite significantly" as a direct result of the BP oil spill in the Gulf of Mexico. Mr Ward acknowledged that in the past rates for this type of operation in that area had fallen to a very low level and fellow players in the industry had been questioning for quite some time the profitability of insurance in that particular region.

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Jun
10

Marsh & McLennan to Sell Kroll to Altegrity

Altegrity Inc. will acquire Kroll Inc. from Marsh & McLennan Companies, Inc. (MMC) in an all-cash transaction valued at US$1.13 billion (EUR 942 million), according to a joint announcement recently released. The deal is expected to be finalised by late September and it is still subject to customary closing conditions and regulatory approvals.

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Jun
03

Risk & Reward Group Acquired by Arthur J. Gallagher

Arthur J. Gallagher & Co. (AJGC), an international insurance brokerage and risk management services firm with headquarters in the city of Itasca, Illinois in the US, has recently reported their acquisition of Risk & Reward Group (R&RG), an employee benefits consultant and insurance broker, based in the UK.

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Mar
10

Costa Rica welcomes First US Insurance Company to join Local Competition

The regulatory agency responsible for overseeing the insurance superintendency in Costa Rica has approved "Pan American Life Insurance de Costa Rica, S.A." as provider of insurance coverage in the country. This makes of Pan-American Life Insurance Group, an international insurance provider and financial planning service based in New Orleans, Louisiana, the first US insurance company to be officially welcomed into the Costa Rican market.

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Feb
26

Agreement reached between Implantable Provider Group and Blue Cross and Blue Shield of Florida

An agreement between Implantable Provider Group (IPG) and Blue Cross and Blue Shield of Florida, Inc. (BCBSF) has been reached for IPG to serve as the designated implantable device management vendor for the extensive provider network of BCBSF.

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Feb
23

U.S Insurers can exploit global opportunities

Conning Research and Consulting, a division of Conning & Company, has released a study which finds that insurers operating in the USA's domestic insurance market should focus their attention overseas if they are to see continuing high rates of growth and profitability. Conning, a leading provider of insurance industry and asset management research and consulting services, released the study "Global…

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