All posts tagged "insurance"
Surprise Insurance Fees often Follow Medical Emergencies
WASHINGTON – Recovering from a medical procedure is always a challenge, but getting hit with unexpected insurance fees can add financial hardship to the process. As health insurance plans become increasingly complicated, more patients are facing unexpected...
- Posted February 10, 2016
Aetna Tops 4Q Expectations, but 2016 Outlook Falls Short
Aetna wrapped up 2015 with a 38-percent surge in fourth quarter earnings but chased that better-than-expected performance with 2016 guidance that misses Wall Street forecasts. The nation’s third largest health insurer said Monday it expects adjusted earnings...
- Posted February 1, 2016
ACE Completes Acquisition of Chubb; Adopts Chubb Name
SAN JUAN – ACE Limited has completed its acquisition of Chubb, creating the world’s largest publicly traded property and casualty (P&C) insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on...
- Posted January 15, 2016
CPA Society to Hold Seminar on Impact of Puerto Rico Debt on Insurance Industry
SAN JUAN – The Puerto Rico Society of CPAs (CCPA) will be carrying out a special seminar Thursday to discuss the effect of the island’s debt on the insurance industry. The CPA seminar, titled “The Impact of...
- Posted January 9, 2016
Insurer: 2015 Saw Lowest Natural Disaster Losses in 6 Years
BERLIN – Last year saw the lowest financial costs from natural disasters worldwide since 2009 as the El Niño weather phenomenon reduced hurricane activity in the North Atlantic, a leading insurer said Monday. The year’s most devastating...
- Posted January 4, 2016