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Humana To Offer Coverage For H1N1 Vaccine

By Staff Reporter Co-payment, co-insurance and deductibles will be waived for the administration of the H1N1 vaccination. Humana has announced that the company will cover the administration cost of the H1N1 (swine flu) vaccine for all fully insured members including those members who have a benefit plan that excludes immunisation coverage. All co-payment, co-insurance and deductibles will be waived... 

Named Drivers Take Insurance Risk

A survey claims the 45% of young drivers named on their parents’ insurance policy could be driving without valid cover. The practice, known as fronting, usually involves a parent claiming to be the main driver and including the young person as another named driver. An insurance firm claims as many as a quarter of a million young drivers are doing this. They could be get up to 6 points on their... 

The Private Equity Activity of Insurance Companies Following the Financial Crisis

Following on from a recent research report concerning private equity investors’ views of the asset class in the current climate, Preqin has been talking to insurance companies to see how the financial crisis and economic downturn of the past 12 months have affected this type of institutional investor’s plans for, and expectations of, the private equity asset class. Given the extent and severity... 

Risk Managers Dig Deeper to Uncover Insurer Flaws

By Roberto Ceniceros A year after the near-failure of American International Group Inc., risk managers say they have adjusted their insurance programs and increased their scrutiny of insurers’ financial position. In fact, they are looking beyond the insurer to scrutinize its parent company. Many say AIG’s fall was a wake-up call, forcing them to diversify their insurance programs by moving... 

Title-Insurer Fees Draw Scrutiny

By The Wall Street Journal The U.S. title-insurance industry faces increasing pressure from regulators to justify the fees charged to consumers for ensuring they have clear ownership of their homes. For most people, title insurance is just another mysterious fee they must pay when they buy a home or refinance a mortgage. Unlike some of those fees, though, title charges aren’t negligible. They range... 

Michael Jackson Passed ’09 Physical for Tour Insurance

Los Angeles (E! Online) – No one will really know what caused the sudden death of Michael Jackson until an autopsy is performed, but he at least seemed on the way toward being declared fit and ready to tour. A source close to the production tells E! News that the 50-year-old singer passed a medical exam that was required earlier this year in order for promoter AEG Live to obtain the proper insurance... 

Wall Street Journal Examines Group Health Insurance Policies As Option For Uninsured

People who no longer have health insurance because of a job loss, voluntary retirement or other reasons have begun obtaining health coverage through the “little-known” option of group coverage, the Wall Street Journal reports. According to the Journal, the option is especially beneficial for people with pre-existing conditions to whom some insurers deny coverage. Federal law requires group... 
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