Insurance industry
The British athletics season and the start of another round of Premiership football have captured the nation's attention, with both sports benefiting from heightened media coverage. This increased exposure has largely been driven by the upcoming Olympics, but the Norwich Union's prominent placement in the sports
Insurance industry
As the economy continues to grow and the labor market remains tight, Chicago-area salaried workers are in line for an average 4.5% raise in 2001, an increase from 4.4% last year. Local executives, including CEOs and those who report directly to them, will fare better, garnering average salary
Insurance industry
Over 1.6 million Scottish Widows members are awaiting large windfalls from the company's recent takeover by Lloyds TSB, with checks of up to £10,000 expected to arrive over the next two weeks. Meanwhile, Wal-Mart has reportedly set its sights on a £6 billion takeover of high
Insurance industry
California's acting insurance commissioner has approved a plan to rehabilitate Superior National Insurance Cos., involving the transfer of certain assets and liabilities to Kemper Insurance Cos. The plan includes the lifting of a temporary suspension of claims-related payments, and checks are being issued again to policyholders. This decision
Insurance industry
Standard Life, Europe's largest mutual insurer, is gearing up for another battle to convince its 2.3 million members to convert to a publicly traded company, offering windfalls estimated to be significantly higher than initially stated. The news follows a failed conversion attempt by a group led by
Insurance industry
IMRglobal Corp., a leading global provider of end-to-end information technology solutions, has signed a multi-year agreement with ReliaStar Life Insurance Company, a leading provider of employee benefits and worksite financial services. The project involves component-based development (CBD) work for ReliaStar's group insurance business and will be designed as
Insurance industry
In today's digital age, having access to reliable health care information is more crucial than ever. Fortunately, online resources have made it easier than ever to stay informed about various health issues, diseases, and developments. The Mayo Clinic's Health Oasis website, for instance, provides a user-friendly
Insurance industry
The Health Care Financing Administration is poised to introduce the first-ever criteria for coverage of new technologies and services under Medicare, with the aim of clarifying the "reasonable and necessary" standard for reimbursement. This move has raised hopes among technology industry executives for standardization and consistency in coverage
Insurance industry
On August 1, 2000, Career Education Corporation, Cousins Properties Incorporated, The Liberty Corporation, Community Health Systems, Inc., and Z-Tel Technologies, Inc. will broadcast their quarterly results conference calls via the Internet, streamlining investor communication and analysis. This move is facilitated by Investor Broadcast Network (IBN), the leading provider of real-time
Insurance industry
Business editors and hi-tech writers take note as a group of prominent companies, including RenaissanceRe Holdings, Ltd., ActivCard S.A., and Innkeepers USA Trust, will broadcast their investor communication conference calls over the internet. This marks an innovative approach to investor relations, offering real-time access to corporate executives and industry
Insurance industry
Aetna Inc.'s shareholders are bracing for a second-quarter earnings miss as rising health costs put pressure on the company's profit margins. The health insurer's forecast of 85-95 cents per share falls short of the predicted $1.20. This decline is largely attributed to increased
Insurance industry
As the retail landscape continues to evolve, major companies are engaging in significant deals that will impact the industry. In one notable development, Cost Less Home Store, a division of Lechters Inc., is set to open a new location in Whitehall Township, Pennsylvania. The store will offer a wide selection
