ACE has reported that its net income for the first quarter of 2012 plummeted by 45% to $328m compared to a net income of $594m during the corresponding quarter last year. Net income was $0.96 per share compared with $1.74 per share for ...
Tags: ACE, net income, first quarter, insurance
Towers Watson has acquired Extend Health, which operates the largest private Medicare exchange in the US. The firm said that the deal will enable it to offer employers with health care solutions that combine specialized retiree medical ...
Tags: Towers Watson, Extend Health, Medicare exchange, health insurance
AmeriHealth New Jersey (AmeriHealth NJ) has promoted Michael Zollenberg from director of network service to vice president of provider network operations. In his new role, Zollenberg will be responsible for providing service and ...
Tags: AmeriHealth NJ, Michael Zollenberg, vice president, network operation
Jacada, a provider of customer service experience and interaction optimization solutions, has extend its agreement with an undisclosed US provider of health insurance products and services. Under the terms of the agreement, Jacada will ...
Tags: Jacada, material service, health insurance, insurance
US-based independent insurance agency, InPro Insurance has acquired Falvay-Counihan Insurance for an undisclosed amount. As part of the acquisition, InPro takes hold of Falvay-Counihan's book of property and casualty insurance business, ...
Tags: InPro, insurance agency, undisclosed amount, American insurance
URAC,a Washington,DC-based healthcare accrediting organization,has granted Credentials Verification Organization(CVO)accreditation to Enclarity. The certification was based on the third party validation of Enclarity's ProviderPoint ...
Tags: URAC, healthcare accrediting organization, Enclarity, CVO
The ACE Group has appointed Andrew McBride as the new executive vice president for Claims, for its international businesses, with immediate effect. McBride, who will be based in New York, will report to ACE Limited vice chairman and chief ...
Tags: ACE, Andrew McBride, executive vice president, insurance
CNinsure’s board has appointed Yunxiang Tang as independent director of the Board following the resignation and end of his tenure from the Board. Tang has over 40 years of experience in business operation and management and held ...
Tags: Cninsure, Yunxiang Tang, insurance, insurance company
Mylan Specialty, a subsidiary of Mylan, and Pfizer have signed a licensing contract for EpiPen Injection 0.3/0.15mg in Japan. Under the license agreement, Pfizer will have the exclusive rights to market and sell EpiPen Injection ...
Tags: Epipen Injection, epinephrine auto-injector, public health
Sino-US United MetLife Insurance Company(MetLife),a joint venture launched by a subsidiary of MetLife and Shanghai Alliance Investment(SAIL),has inked an insurance business cooperation agreement with China based media and branding company ...
Taipei, Nov. 13, 2012 (CENS)--Thanks to growing income from auto-insurance policies, non-life insurers in Taiwan expect their premium revenues this year to exceed those of 2011 and to challenge new heights within five years. Non-life ...
Canada-based The Empire Life Insurance Company(Empire Life)has introduced a new electronic claims(eClaims)service to simplify claims submission process for its group insurance customers. Using the new eClaims service,plan members will be ...
London-based Starr Underwriting Agents,a unit of Starr Companies,has deployed Sequel's(re)insurance software system,Eclipse,replacing its old underwriting system. The new Sequel's Eclipse underwriting system has been implemented by Starr ...
CNinsure's board has appointed Yunxiang Tang as independent director of the Board following the resignation and end of his tenure from the Board. Tang has over 40 years of experience in business operation and management and held services ...
Tags: CN insure, Yunxiang Tang, PICC Property and Casualty Company
US-based health service and insurance provider Cigna has finalized the acquisition of 51% stake in Finans Emeklilik, Finansbank's insurance subsidiary in Turkey, following a regulatory approval from the Treasury of Turkey in early November. ...
Tags: health service, health insurance, acquisition, life insurance, pension