The Phoenix Cos. said Wednesday it won consent from bondholders, allowing the company to delay providing quarterly reports and a 2012 annual report to the bond trustee until the end of this year.
Cigna Corp. set aside $77 million to cover potential claim payments as part of a settlement with insurance regulators in five states over the company’s practices in handling long-term disability claims, the Connecticut Insurance Department said Wednesday.
AIR Worldwide on Tuesday provided an early estimate of damage caused by the massive tornado that ravaged Moore, Okla., on Monday.
The Phoenix Cos. provided federal regulators with some indication of how its life insurance subsidiary is performing, though the parent company cautioned that the unaudited results provided last week are not indicative of consolidated results for The Phoenix Cos.
Bloomberg reports that property-casualty insurers are battling a measure before Congress to tax income on municipal bonds. Here is the top of the article:
A few Aetna Inc. shareholders took the health insurer to task Friday morning during an annual meeting in Tampa, Fla., over the way it structures its board leadership, how it discloses political spending and the manner in which it ran the annual meeting.
The majority of shareholders, however, sided with Aetna’s board in supporting its [...]
On the heals of their annual stockholder meeting, Bloomberg is reporting that Hartford Financial Services Group Inc. may be looking to sell their Japanese annuity unit.
Hartford Financial Services Group Inc., the insurance company pruning operations after an activist investor urged it to split up last year, hired Deutsche Bank AG to seek a [...]
Shareholders of The Hartford Financial Services Group voted to approve executives’ compensation, the board of directors and to appoint Deloitte & Touche as the company’s independent accounting firm.
Liability claims related to dog bites are getting more expensive, according to an analysis of claims data released Wednesday by the Insurance Information Institute and State Farm.
The number of dog-bite claims fell by 1.4 percent last year to 16,459 from 16,695 the year before, but the costs of settling dog-bite claims continued to rise, [...]
The first Connecticut health insurer to file proposed rates for health plans that will be sold on a public exchange, HealthyCT Inc. is requesting monthly rates ranging from $156 to $1,501 per person for small-group plans, according to regulatory documents.
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