| Health Benefits Direct Announces Addition of Aetna Coverage to ...
RADNOR, PA -- (MARKET WIRE) -- March 12, 2007 -- Health Benefits Direct Corporation (OTCBB: HBDT), a leading innovator in the direct marketing and distribution of a wide range of health and life insurance products to individuals, today announced that Aetna has joined Health Benefits Direct's online insurance portal as an official health insurance carrier partner. The addition of this leading provider expands the company's consumer selection to include coverage availability from four of the largest major medical insurance carriers in the nation. "Selective carrier mix expansion is a key component of our organic growth plan, and this addition marks a significant achievement in the ongoing development of our interactive online insurance agency," said Alvin H. Clemens, Executive Chairman and Chief Executive Officer of Health Benefits Direct.
Blue Chip News: Fundamental Review for Aetna Inc.
Mount Etna is Europe's most active volcano; Aetna is one of the most active health insurance companies in the US. The company operates in three segments. Its Health Care division offers HMOs, PPOs, point-of-service (POS) plans, health savings accounts, and traditional indemnity coverage, along with dental, vision, behavioral health, and Medicare plans. Aetna covers more than 15 million individuals under its health plans, some 13 million dental plan members, and 10 million pharmacy members. Its Group Insurance segment sells life, disability, and long-term care insurance, covering about 15 million people. The Large Case Pensions segment offers pensions, annuities, and other retirement savings products. Shares were down 2% expanding efforts to help consumers purchase health care. BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio.
James T. Morris Becomes Pacific Life's President & CEO
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5369005 NEWPORT BEACH, Calif.--(BUSINESS WIRE)--April 2, 2007--Pacific Life Insurance Company announced today that James T. Morris, 47, assumed the role of president and chief executive officer, becoming only the company's 14th chief executive officer in its 139-year history. This appointment was announced by the Board of Directors in November 2006. Thomas C. Sutton, Pacific Life's previous CEO, will retire in June 2007 after having served for 17 years as chairman and CEO. He will continue to serve as chairman of the Board of Directors. Mr. Morris has also been appointed to serve on the boards of Pacific Mutual Holding Company, Pacific LifeCorp, and Pacific Life Insurance Company. "Pacific Life is a leader in providing financial solutions to customers across the U.S.
Sun Life Financial Expands Stop-Loss Cost-Containment Program
WELLESLEY, Mass.--(BUSINESS WIRE)--The U.S. division of Sun Life Financial (NYSE: SLF, TSX: SLF) announced today that its Group Division is expanding its industry-leading Stop-Loss cost-containment program with new features. The company is also renaming the program to SunResourcesSM to reflect this expansion. "Through SunResources, we help employers lower their total cost of health care," said Christopher Brown, Vice President, Stop-Loss Products. "With the new services we are adding today — along with more in the near future — we can save our customers even more." Sun Life Financial is one of the nation's largest providers of stop-loss insurance, which protects employers who self-fund their employee health care plans against unexpectedly high claim costs. SunResources works by linking employers to money-saving vendors and services that can lower the cost of employee health care.
Female computer game fans 'less likely than men to have car accidents'
Female drivers are less likely to need to claim on their women's car insurance after playing a computer game compared with their male counterparts, a study has shown.Research conducted by psychologists has found that male computer racing game fans are more likely to be involved in real-life road accidents than women.The experts from Munich's Ludwig-Maximilians University worked with more than 200 people during the study, which highlighted that female drivers - who often benefit from cheap women's car insurance deals - took fewer risks in traffic situations after playing a game.Writing in the Journal of Experimental Psychology: Applied, published by the American Psychological Association, the researchers said: "Practitioners in the field of road safety should bear in mind the possibility that racing games indeed make road traffic less safe, not least because game players are mostly young adults, acknowledged as the highest accident-rate group."However, it may be wise for females wishing to keep their women's car insurance intact to avoid playing computer games before driving their cars, as the researchers add that racing games could lead to unsafe driving.An earlier study by BSM found that females may be more likely to risk a women's car insurance claim after playing a racing game, with respondents stating that they would be more likely to drive at speed in real life.Kwik-Fit Insurance was named the cheapest women's car insurance provider in the UK by research conducted last year.© Adfero Ltd
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Multicultural Agents Launch Online Service to Give Minorities Easy ...
Los Angeles, CA (PRWEB) March 14, 2007 -- A former industry executive and a network of leading multicultural agents later this week will launch One Voice Insurance Services, an online portal designed to provide minority consumers and business owners with in-language and culturally relevant information about health and life insurance products in California. One Voice Insurance Services will host a launch reception on Friday, March 16, 2007 at 5 p.m. at City Club on Bunker Hill, located at Wells Fargo Center, 333 S. Grand Ave., Suite 5450, in Downtown Los Angeles. .
Insurance scam likely to claim biggest scalp
The president of Japan's largest nonlife insurer, Tokio Marine & Nichido Fire Insurance Co., is expected to step down to take responsibility for the benefit nonpayment scandal, sources revealed over the weekend. Kunio Ishihara, 63, hopes the sacrificial gesture will bring a swift conclusion to the scandal, which prompted the Financial Services Agency (FSA) to suspend some of the companies' medical insurance operations for three months, they said. If he goes ahead with the move, Ishihara will also step down as the chairman of the management committee of Japan Broadcasting Corp. (NHK), they said. He has occupied the post since 2004. The leading candidate to replace him in the top job at Tokio Marine is Shuzo Sumi, 59, the sources said. It has been a custom at the firm that presidents serve for no more than three terms--equivalent to six years.
HealthMarkets Announces Newest Advisory Panel Members
NORTH RICHLAND HILLS, Texas--(BUSINESS WIRE)--April 2, 2007--HealthMarkets announced today the appointment of two new members to the Company's Regulatory Advisory Panel. Joining the panel are Susan Stead, a former Ohio Department of Insurance Assistant Director who has served in key roles at the National Association of Insurance Commissioners, and former Texas Insurance Commissioner Jose Montemayor. Stead will serve as the panel's chairwoman. HealthMarkets is a leading provider of affordable health and life insurance to the self-employed, individuals and small businesses through its subsidiaries, The MEGA Life and Health Insurance Company, Mid-West National Life Insurance Company of Tennessee and The Chesapeake Life Insurance Company. Stead and Montemayor join current advisory panel members Tommy Thompson, former Secretary of the U.S.
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