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Top 15 Blues plans losing market share to other players
The 800-pound gorilla, the Blue Cross and Blue Shield plans that have dominated many health insurance markets, may be losing strength. The 15 largest Blue Cross- and Blue Shield-branded managed care...
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U.S. to scrutinize any health insurers’ mergers for antitrust concerns
The head of the U.S. Justice Department’s Antitrust Division warned health insurers May 24 that deals that expand the market share of a dominant plan will be heavily scrutinized, if not killed....
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Eight insurers carry the most coverage in hurricane-prone states
Eight property-casualty insurers dominate the market for insurance coverage in most hurricane-prone states, according to Weiss Ratings. Those eight carriers controlled up to 77.2% of the market in most...
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Court endorses AIG’s $450 million payment to end workers’ comp. suit
A court in New York has given its preliminary approval to a settlement in a suit involving the alleged under-reporting of American International Group’s market share in the workers’ compensation market...
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