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Mutual of Omaha on Thursday unveiled a new corporate logo depicting an African lion, replacing the Indian chief head that had been the symbol of the insurance and financial services company for 70
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The largest retailer in the world said Thursday it has partnered with insurance provider Petplan, which offers a 10-percent discount on veterinary bills and is underwritten by Stamford,
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New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Cuomo said the charges by New York’s Department of Financial Services in that regulator’s opioid industry probe follow charges against Teva Pharmaceutical Industries, Allergan, Endo International …
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Insurance companies could pay up to $2 billion in claims stemming from riots sparked by the police killing of George Floyd — making them the most expensive in US history, a new report says. The record-setting insured losses piled up as the demonstrations sometimes devolved into looting, arson and vandalism in 20 states across the …
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US health insurance giants doubled their profits as the coronavirus pandemic killed thousands of Americans — sparking a federal investigation. Three of the nation’s largest health insurers raked in a collective $10.7 billion in profits from April through June with the virus raging across the country, up from just $5.3 billion in the same period …
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UnitedHealth Group on Wednesday warned of rising costs later this year as Americans catch up on less urgent surgeries delayed by the coronavirus pandemic but stuck to its full-year forecast after posting a near 102 percent surge in quarterly profit. Shares of UnitedHealth, the first US health insurer to report second quarter results, were down …
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US property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover. The industry has warned it could cost them $255 billion to $431 billion a month if they are required, as some states are proposing, to compensate firms …
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Hint: it would be a dystopian disaster. magine if you purchased food like most Americans obtained healthcare. No, I really want you to try to envision it… Struggling? I am a family physician whose father worked in a grocery store, and I enjoy eating at Mexican restaurants immensely, so maybe I can help. An ‘Affordable’ …
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Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the initial public offering market, which was shut to most companies when the coronavirus outbreak …
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Harvard surgeon and author Atul Gawande will step down as chief executive officer to take on the role of chairman at Haven, the healthcare joint venture of Amazon, Berkshire Hathaway and JPMorgan Chase. Boston-based Haven said on Wednesday Gawande was taking the new role to focus on company strategies, and form policies related to the …