Glenn Neasham Case
Fri, 18 May 2012 20:16:22 GMT

Glenn A. Neasham was convicted of felony theft from an elder on Oct. 21 in California Superior Court. In 2008, he sold an Allianz MasterDex 10 to an 83-year-old woman who was later said to have dementia.

Milliman: Healthcare Costs For American Family Exceed $20,000 In 2012
Tue, 15 May 2012 11:02:00 GMT

"The average rate of increase this year dips below 7% for the first time since we began analyzing these costs, but the total dollar increase is still the highest we have seen."...

400K To Lose Unemployment Insurance By Saturday
Fri, 11 May 2012 16:26:00 GMT

Long-term unemployed workers in a growing list of states are being cut from federal unemployment insurance, a new analysis shows...

Allstate Insurance Company Files $29.9 Million Insurance Fraud Case
Fri, 11 May 2012 09:32:00 GMT

Allstate Insurance Company has filed a $29.9 million insurance fraud lawsuit against 52 New York area defendants...

Aviva Announces Andrew Moss to Step Down as CEO
Tue, 08 May 2012 11:37:47 GMT

Aviva plc announces that Andrew Moss, Chief Executive Officer, will be leaving the group and will cease to be Chief Executive with immediate effect. Lord Sharman, Chairman of Aviva, confirmed that Andrew Moss had approached him with the decision that he felt it was in the best interests of the company that he step aside to make way for new leadership.

California Inventor Develops Patent for System for Facilitating Life Settlement Transactions
Mon, 23 Apr 2012 16:58:50 GMT

Owners of policies, either directly or through agents, who might be willing to sell their policies, register with the online website with critical financial and medical underwriting information relating to their policies, as needed for evaluation by a potential buyer...

Poor Economy Worsens Social Security's Finances
Mon, 23 Apr 2012 16:51:23 GMT

High energy prices and an economy that has been slow to rebound are worsening Social Security's finances, shortening the life of the trust funds that support program by three years...

MetLife, 20 States Reach Settlement Near $500M
Mon, 23 Apr 2012 14:37:00 GMT

MetLife has agreed to pay nearly $500 million in a 20- state settlement over allegations it didn't pay life insurance benefits to some of its policyholders...

Medicare Test Program Wasting $8B, Feds Say
Mon, 23 Apr 2012 12:20:00 GMT

Medicare is wasting more than $8 billion on an experimental program that rewards providers of mediocre health care and is unlikely to produce useful results, federal investigators say in a new report...

Aging Workforce Strains Social Security, Medicare
Mon, 23 Apr 2012 11:50:04 GMT

An aging population and an economy that has been slow to rebound are straining the long-term finances of Social Security and Medicare, the government's two largest benefit programs...

Nonpartisan Gov't Auditors Rebuke Medicare Bonuses
Mon, 23 Apr 2012 11:49:14 GMT

In a blow to the Obama administration on Medicare, government auditors Monday called for the cancellation of a costly bonus program for private health plans that congressional Republicans have criticized as a wasteful political ploy...

Pa. Health Executives Say Reform Will Go On
Mon, 23 Apr 2012 10:34:00 GMT

As the U.S. Supreme Court works behind closed doors to determine the fate of the Obama administration's signature health care reform law...

Patients Stop Drugs During Medicare Gaps
Sun, 22 Apr 2012 09:27:07 GMT

Patients who paid for heart medications solely through U.S. Medicare were 57 percent more likely not to take them during coverage gaps, researchers say...

U.S. in 'Financial Trouble'
Sun, 22 Apr 2012 08:51:00 GMT

"We're in deep financial trouble. We've got a federal government that is more and more involved in every aspect of our lives...

Highmark Tries to Control CEO Scandal Damage With Latest Ads
Sat, 21 Apr 2012 02:29:00 GMT

The ads, a prelude to a full-blown campaign this summer, are clear evidence that Highmark is in damage control mode after the sudden downfall of CEO Ken Melani...

Marsh, RIMS Survey: Role of Risk Management Still Unclear in Many Organizations
Fri, 20 Apr 2012 23:37:00 GMT

Although risk managers are taking on more strategic roles in their organizations, a disconnect still exists between how risk managers and senior leaders view risk management...

25% Of Workers Lost Health Ins. In 2011
Fri, 20 Apr 2012 16:53:00 GMT

The "Commonwealth Fund Health Insurance Tracking Survey of U.S. Adults" indicated 57 percent were uninsured for two years and more, while 69 percent were without coverage for a year or longer...

Minimize Loss in a Sluggish Economy
Fri, 20 Apr 2012 11:21:00 GMT

Call it the trickle-down or trickle-up theory, but regardless of the direction of corrective now, the overall economy and individual companies must take action...

MetLife Swings To Loss In 1Q On Derivatives Costs
Fri, 20 Apr 2012 10:50:00 GMT

MetLife swung to a loss in the first three months of the year, mainly because its complex financial investments lost value...

Majority of U.S. Companies Don't Measure Effectiveness of Employee Retirement Plans
Thu, 19 Apr 2012 17:25:19 GMT

Half of companies have not measured their employees’ progress, while 32% say they are “analyzing plan participation, balances, and deferral rates.”...

Health Mandate's Affordable Care Act: What's At Stake
Thu, 19 Apr 2012 17:20:39 GMT

When it comes to the individual mandate in the Affordable Care Act, which the Supreme Court is expected to rule on in June, no one claims original ownership...