California’s insurance commissioner is calling out Blue Shield of America for double-digit rate hikes against some policy holders. Commissioner Dave Jones is frustrated that there is nothing he can do to stop the rate increases. […]
Genworth Financial Inc. is suspending sales of its long-term health insurance products in California, as the company — and industry in general — is reassessing its ability to cover nursing-home and assisted-living-facility costs. The largest seller […]
Despite objections from regulators, health insurers Blue Shield of California and Aetna Inc. are proceeding with double-digit rate increases that state officials said were unreasonable. Officials at the California Department of Managed Health Care said increases that average […]
California officials face mounting criticism from union leaders over plans to let retail giant Wal-Mart Stores Inc .enroll shoppers in President Obama’s healthcare expansion. The state wants retail workers to help consumers enroll in healthcare expansion. Critics say Wal-Mart […]
Wall Street’s recent record-breaking performance has prompted financial planners to urge people saving for retirement to review their assets. The Dow Jones Industrial Average closed at an all-time high, beating the record it set in October […]
Prudential Financial Inc. (PRU), the top seller of variable annuities, said Wall Street should appreciate the fees the life insurer makes on the retirement products, even as some competitors cut sales to reduce risk. “We’re […]
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