Insurance industry
Capital Health Plan, a not-for-profit health plan affiliated with Blue Cross Blue Shield of Florida, has selected Quality Care Solutions, Inc.'s (QCSI) QNXT system and professional services to achieve its targeted business outcomes. The QNXT system will enable automation, flexibility, and accurate reporting for Capital Health Plan'
Insurance industry
As the federal government's Medicare Part D prescription-drug program gears up for its official launch on October 1, health insurance companies have been prepping their marketing efforts to reach millions of elderly and disabled Americans. Top companies, including Aetna Inc., Cigna Corp., and WellCare Health Plans Inc., have
Insurance industry
As Hurricane Katrina's massive destruction reaches the Gulf Coast, insurers are facing the costs of the likely most expensive hurricane in U.S. history, prompting concerns about the future of insurance rates. In contrast, commercial insurance brokers like Chicago's Aon Corp. are poised to benefit financially
Insurance industry
Kenamea, a leading provider of Advanced Notification Management Solutions, is teaming up with Cisco Systems to integrate its Enterprise Notification System (ENS) with Cisco's innovative Application-Oriented Networking (AON) technology. This collaborative effort aims to provide real-time critical event notifications to organizations' employees, partners, and customers, enhancing visibility,
Insurance industry
Mississippi Attorney General Jim Hood has filed a suit in the Chancery Court of Hinds County, seeking to have the flood exclusions in homeowners insurance policies declared null and void in the wake of Hurricane Katrina. The storm caused widespread damage and estimated insured losses of up to $60 billion.
Insurance industry
Safeco Corp., a leading property/casualty insurer, is implementing a technology-driven approach to expand its personal and commercial lines of business and boost profitability. The company is using data and technology to develop "multivaried" approaches to risk segmentation, allowing for multiple price points to match the right rate
Insurance industry
Prudential Financial, Inc., a leading financial services company, has announced a significant contribution of $5 million to aid in the relief efforts following Hurricane Katrina. The company's employees, inspired by the devastating news, have also collected essential items and funds to support the victims. The donation will be
Insurance industry
The Prudential Spirit of Community Awards honor outstanding middle and high school youth who have made meaningful contributions to their communities through volunteer service. Over the past 10 years, the program has recognized over 60,000 young people for their dedication to helping the less fortunate, promoting health and safety,
Insurance industry
John Hancock Funds, a premier investment management company, has declared monthly dividends for nine of its closed-end funds. As of June 30, 2005, the company managed more than $33.4 billion in open-end funds, closed-end funds, private accounts, retirement plans, and related party assets for individual and institutional investors. This
Insurance industry
John Hancock Bank and Thrift Opportunity Fund, a closed-end fund managed by John Hancock Advisers, LLC, reported a significant increase in net investment income for the third quarter ended July 31, 2005. According to the fund's announcement, net investment income was $3,147,138, a 12.6% increase
Insurance industry
Kelly Holmes, the double Olympic champion, concluded her remarkable track career in Britain with a poignant appearance at the Norwich Union British Grand Prix in Sheffield. Despite failing to win the 800m event, Holmes's determination to compete was undeniable, given her severe Achilles injury. The 35-year-old's
Insurance industry
A couple, who invested in a Norwich Union Portfolio Bond in 2000, have been offered compensation after being mis-sold the product by their local branch of Bradford & Bingley. The investment grew by approximately 10% over the five-year term, but a market value reduction (MVR) of £2,413 was applied,
