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No Rate-Hike for Anthem-BlueCross

TweetLos Angeles, California-based health insurer Anthem Blue Cross announced this week that policyholders will not see an insurance rate hike on May 1st, after all. Kristin Binns, speaking for Anthem’s parent company, Wellpoint, Inc, told the Los Angeles Times that … Continue reading

Medicare Payments to Decline 0.1%

Tweet Modern Healthcare is reporting that under a new rule issued by the CMS, Medicare inpatient payments to acute-care hospitals will decline by about $142 million – or 0.1% – during the 2011 fiscal year. The new rule addresses payments … Continue reading

Motorcycle Sales and Thefts Dropped in 2009

TweetThe latest report from the National Insurance Crime Bureau (NICB) says that there was a 13 percent decline in motorcycle thefts last year, which continued a downward trend in thefts. Specifically, there were 56,093 motorcycles reported stolen in 2009, down … Continue reading

Connecticut fines GEICO $177,500

TweetThe Insurance Journal reported Friday that four GEICO subsidiaries have been fined by the Connecticut Insurance Department for improper rating, claim delays and the use of unlicensed adjusters, among other violations. The total fine – $177,500 – is the result … Continue reading

When to Re-evaluate Life Insurance

TweetMost of us never shop for life insurance, relying solely on the coverage we get through our corporate benefit packages, or if we do purchase a life insurance policy, we make payments but never think to upgrade or alter our … Continue reading