ConnectiCare Benefits Inc. announced Friday the insurer is withdrawing its application to offer health insurance in the small-group market on a public health exchange formed in Connecticut as part of the Affordable Care Act.
Magellan Health Services Inc. of Avon reported improved earnings and revenue Thursday for the second quarter of the year.
On Tuesday, The Travelers Cos. reported a record quarter for earnings per share, far exceeding analysts’ expectations. Continue reading
People who buy a health plan on a state-run insurance exchange this fall for coverage next year will likely pay less than federal budget officials anticipated, according to a new report released Thursday by the U.S. Department of Health and Human Services.
UnitedHealth Group reported stronger net income than analysts expected for the three months ending June 30 as the company benefitted from a large military health-care contract, growth driven by an acquisition in Brazil and more plans sold to elderly Americans.
More than 100 insurance companies that do business in Connecticut are now required to explain how they manage the risk of climate change in a wide-ranging survey that asks about insurers’ investment portfolios, customer outreach and plans to assess and reduce emissions.
MetLife’s Chairman and CEO Steven A. Kandarian is fighting federal regulators who would deem the nation’s largest life insurer as too big to fail.
In a 10-day period around the Fourth of July, Connecticut will have 67 large-scale public fireworks displays, launching showers of fiery explosives into the sky to celebrate the nation’s 237th birthday.
Willis North America has a new chief executive as the insurance brokerage splits the role of chairman and CEO.
The Phoenix Cos. said that while working to restate its financial performance from 2009 through mid-2012, it has found errors, some of which have been quantified while others have yet to be fully assessed.