Spiraling costs for long-term care insurance have prompted many insurance carriers to exit that market, but some “smart” ones have tacked on long-term care to life insurance policies.

ACA costs worry insurers

UnitedHealthcare surprises Wall Street and Main Street after saying it may leave the public health exchanges.

Restructuring at AIG

Mary Thompson details AIG’s new cost cutting plan.


Activist investor Carl Icahn on Wednesday disclosed a large stake in AIG and called the insurance giant “too big to succeed.” Shares of AIG were up around 3 percent. In an open letter to AIG CEO Peter Hancock, Icahn said the company was still loo large despite years of dismantling. “The company continues to severely underperform …

Jamie Grill | JGI | Getty Images

First the good news. After years of shifting health costs to workers, most large firms are taking a breather on benefit redesign, and your health benefits next year will probably look a lot like this year’s. But analysts say brace yourself for some big changes in 2018 if the so-called Obamacare Cadillac tax isn’t changed. …

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ADP facility in Parsippany, New Jersey.

A payroll management giant is jumping into the health insurance exchange world with a double-barreled option for companies looking to control costs, give their workers more choice—and possibly help those employers avoid paying the Affordable Care Act’s coming “Cadillac Tax.” ADP said it will offer a private health exchange option to companies that want to continue …

Health programs boost insurers

Bertha Coombs reports on how dependent insurers are on government programs.

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Insurance companies take a lot into account when they decide how much to charge you for car insurance. But no matter how great your driving record, expect to pay a lot more in Michigan. Drivers there pay 136 percent – more than double – the national average, according to data from North Carolina drivers …

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People speak with an agent from Sunshine Life and Health Advisors, as they discuss plans available from the Affordable Care Act on Dec. 15, 2014, in Miami.

With April 15 only weeks away, nearly half of all Americans don’t know they’re now required to declare on their tax returns whether they have health insurance, a survey released Thursday reveals. Even among those who have already filed their returns, a surprising number either didn’t see the box they had to check to indicate …

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A customer sits with an insurance advisor with UniVista Insurance company, as he signs up for the Affordable Care Act, also known as Obamacare, before the February 15th deadline on February 5, 2015 in Miami, Florida.

If you like your health insurance plan, you actually might have been able to keep it this year. Fewer than 1 million Americans had their health insurance plans canceled for 2015 for noncompliance with Obamacare rules, according to a report by the Urban Institute and Robert Wood Johnson Foundation. The report, which called that number …

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People sit with an insurance advisor as they sign up for the Affordable Care Act, also known as Obamacare, in Miami.

Nearly 7.5 million people who get financial help to buy insurance would face average premium price hikes of a whopping 255 percent if that aid is ruled illegal in a pending Supreme Court case, a new analysis finds. And that’s just the average price increase across 34 states served by the federal Affordable Care …

Insuring the sharing economy

The sharing economy is giving rise to a new population, willing to drive, deliver and rent their homes to earn money. These fast-growing ventures involve risk, creating opportunity to insure these types of businesses.


Anthem said Wednesday that its database has been hacked, potentially exposing personal information about 80 million of its customers and employees. The health insurer said the breach exposed “names, birthdays, social security numbers, street addresses, email addresses and employment information, including income data,” but added that no financial information, including credit card details, was compromised. …

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Anthem Health Insurance headquarters is shown in Indianapolis, Feb. 5, 2015.

When a massive data breach struck retailer Target during the midst of the 2013 holiday season, consumers responded by shopping at other stores and its brand was briefly tarnished. Now, Anthem, the nation’s largest Blue Cross operator, finds itself in a similar position. But switching health insurers is a whole lot more complicated than heading …

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Think twice before filing an insurance claim over that fender-bender or other minor damage. It could cost you big time. One $2,000 property damage claim is enough to hike your auto insurance rate at renewal by an average 41 percent, according to new data from A typical consumer would pay $1,250.50 per year, they …