Health Insurance Company

Eastern Life & Health Insurance Company Appoints COO and Director of Sales and Agency Relations

November 25th, 2008

Eastern Insurance Holdings, Inc. announced that it has appointed Curt Melville as Chief Operating Officer and Marc Blevens as Director of Sales and Agency Relations. Eastern Life & Health Insurance Company (ELH) is a wholly- owned subsidiary of EIHI.
Melville joined ELH in 2007 as Vice President of Underwriting. In that role, he was responsible [...]

A.M. Best Downgrades Ratings of Senior Health Insurance Company of Pennsylvania

November 21st, 2008

A.M. Best Co. has removed from under review and downgraded the financial strength rating to C (Weak) from C++ (Marginal) and issuer credit rating to “ccc+” from “b” of Senior Health Insurance Company of Pennsylvania (SHIP, formerly known as Conseco Senior Health Insurance Company) (Bensalem, PA) to reflect its stand-alone status as part of a [...]

Olympus Managed Health Care Appoints Steve Stoute, Insurance Industry Executive, to Board of Advisors

July 9th, 2009

Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that Steve Stoute, a veteran insurance industry executive, has been appointed to the company’s Board of Advisors. The Board establishes and manages the strategic direction of the company.
Stoute brings nearly 50 years of insurance industry experience [...]

UnitedHealthcare by AmeriChoice to Serve Mississippi Children’s Health Insurance Program

June 26th, 2009

UnitedHealthcare by AmeriChoice has been selected by Mississippi’s State and School Employees Health Insurance Management Board to be the state’s partner in its Children’s Health Insurance Program (CHIP).
When the new policy begins in January 2010, UnitedHealthcare will be the exclusive health plan for approximately 65,000 children throughout Mississippi who are enrolled in CHIP.
“Particularly in these [...]

Kaplan Compliance Solutions Introduces Cost/Benefit Analysis Tool; Identifies $1 Million in Savings for Large Insurance Company

June 2nd, 2009

Kaplan Compliance Solutions a leading provider of services and technology solutions for the insurance and securities industries, introduced a new Cost/Benefit Analysis Tool designed to identify areas of compliance risk and unnecessary costs for insurance and securities organizations.
Kaplan Compliance Solutions recently completed a cost/benefit analysis for a large insurance company and found that the company [...]

A.M. Best Upgrades Ratings of Springfield Insurance Company

May 28th, 2009

A.M. Best Co. has upgraded the financial strength rating to B+ (Good) from B (Fair) and issuer credit rating to “bbb-” from “bb” of Springfield Insurance Company (Springfield) (Covina, CA). The outlook for both ratings is stable.
These rating actions reflect Springfield’s sustained operating earnings in recent years, improved capitalization, conservative underwriting strategy, as well as [...]

Individual Health Insurance Provides Answers to Finding Affordable Health Insurance

February 26th, 2009

IHI provides an explanation on how those hit hardest with the downturn in the economy can access affordable options in healthcare coverage.
Rising unemployment, decreasing coverage from employers, and the high cost of COBRA insurance has more and more people turning to the individual health insurance market. Meant for both individuals, families, and the self-employed, this [...]

International Insurance MGA and Online Medical Services Company Partner to Provide Better Self Care to International Travelers

February 3rd, 2009

International Medical Group®, Inc. (IMG®), a worldwide leader in designing, distributing and administering global health care benefits, announces its new partnership with the web-based physician/patient communication company, eDocAmerica. The collaboration compliments IMG’s core principles of providing a full-service approach to offering international medical insurance products backed by superior customer service, and eDocAmerica’s mission to improve [...]

Spectra Management Reminds Utahns of Health Insurance Resource

January 8th, 2009

There are resources for working Utahns who struggle to afford their employer’s health plans, according to employee benefits company Spectra Management. Spectra recommends that people who are in a period of job transition or looking for ways to enroll their children on their plan consider Utah Premium Partnership (UPP), Utah’s healthcare premium subsidy program.
“As the [...]

AIG Commercial Insurance Streamlines Casualty Insurance for Public Entities Through Lexington Insurance Company

January 6th, 2009

AIG Commercial Insurance, announced that it will service all casualty insurance coverage for the public sector through its Lexington Insurance Company unit. Specifically, effective as of January 1, 2009, Lexington’s Casualty Division will manage the public entity commercial umbrella and excess casualty portfolio of AIG Specialty Excess, a division of AIG Excess Casualty, which along [...]