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Written by U.S. Insurance News
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Sunday, 15 June 2003 |
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Despite a nationwide decline in HMO enrollment, the Massachusetts and Connecticut markets continue to rely heavily on HMO plans for insurance. In Massachusetts, HMOs provided more than 2.7 million of the state’s population with health insurance coverage in 2002. HMO coverage accounted for 46 percent of those enrolled in some form of health plan. Likewise in Connecticut, about 1.3 million residents were covered by an HMO plan, representing 41 percent of the insured population. |
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Written by U.S. Insurance News
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Sunday, 15 June 2003 |
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Insurance executives believe that technology is critical to compete successfully, but their current systems are not helping enough. The study examined technology strategy and implementation in the insurance industry and the relationship between technology and business performance. One hundred forty-eight senior insurance executives, from 122 insurance companies, participated in the study. |
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Written by U.S. Insurance News
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Thursday, 22 May 2003 |
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Travelers Property Casualty Corp. announced today that its preliminary estimate for catastrophe losses from severe storms during the second quarter through May 21 is approximately $78.0 million after reinsurance and tax.This estimate includes net losses of approximately $45.0 million in personal lines and approximately $33.0 million in commercial lines. For the full prior year quarter catastrophe losses, after reinsurance and tax, were $14.3 million all attributable to personal lines.
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Written by U.S. Insurance News
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Thursday, 22 May 2003 |
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At a symposium focusing on Medicare reform at University of the Sciences in Philadelphia last week, three past administrators of the Centers for Medicaid and Medicare agreed while the Medicare system needs broad reform, short-term solutions such as fixed government contributions or changing purchasing contracts will not address overall needs. All agreed immediate attention should turn to a prescription drug benefit to protect the lowest income beneficiaries. |
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Written by U.S. Insurance News
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Thursday, 22 May 2003 |
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The American Dental Association and two of its member dentists are suing some of the nation's largest insurers under the f000encvotoo000000000000t5fv 0 005{00000000Connecticut General Life Insurance Company, and Mutual of Omaha Insurance Company.
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