Insurance

Lawmakers Urged To Prevent Insurance Contract Disputes

Connecticut lawmakers were urged Tuesday to consider ways to possibly avoid or mitigate any future contract impasses between insurance companies and health care systems, like the seven-week dispute between Hartford HealthCare and Anthem Blue Cross Blue Shield that affected tens of thousands of residents.

In Finance, Girls Are Worth The Investment

In Finance, Girls Are Worth The Investment

Seema Hingorani in 2015 founded Girls Who Invest, a nonprofit aimed at getting more female fund managers into asset management and other realms of finance. Hingorani aims to have 30 percent of the world’s investable capital managed by women by 2030.

Aetna 3Q Profit Soars, Issues Strong Forecast

Aetna 3Q Profit Soars, Issues Strong Forecast

Aetna trumped third-quarter earnings expectations and raised its 2017 forecast again, even as the health insurer’s withdrawal from the Affordable Care Act’s insurance marketplaces contributed to a revenue miss. The nation’s third-largest insurer balanced a 5 percent drop in revenue with a bigger decrease in health care costs and improvements in its Medicare Advantage...

Connecticut Joins Lawsuit Defending Affordable Care Act

Connecticut joined with 17 other states and the District of Columbia in filing a lawsuit against the Trump administration’s decision to abruptly stop making health care cost-sharing reduction (CSR) subsidy payments required by the federal Affordable Care Act (ACA) – a move that will put health coverage for more than 6 million Americans at...

Hartford Calls Bondholders To Keep Chapter 9 At Bay

The city of Hartford recently discussed the state of the city with bondholders during a scheduled call yesterday, which was intended to initiate a constructive dialogue for restructuring alternatives.

Hurricane Irma Losses Could Exceed $65B

Preliminary loss estimates for Hurricane Irma is estimated to be between $42.5 billion and $65 billion (excluding uninsured commercial losses), according to a report released today from CoreLogic, a global property information company.