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September 06, 2010
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Insurance News RSS
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Cigna expects to back adjusted profit outlook (posted 09/03/10 at 9:58am)
Health insurer Cigna Corp. said Thursday it is sticking by its forecast for adjusted profit, and its outlook for medical membership.
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Cigna CFO resigns abruptly (posted 09/02/10 at 10:43am)
Health insurer Cigna Corp., which has major operations in Bloomfield, said on Wednesday that Chief Financial Officer Annmarie Hagan has left the company, Reuters reports.
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Smith Bros. adds eastern CT footprint (posted 09/01/10 at 2:06pm)
Glastonbury risk broker Smith Brothers Insurance has purchased the insurance agency operations of Charter Oak Federal Credit Union in Groton.
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Cigna acquires Belgium's Vanbreda Intl. (posted 08/31/10 at 6:05pm)
Managed care company Cigna Corp., which has major operations in Bloomfield, is expanding outside the United States with the acquisition of Belgium's Vanbreda International, which provides worldwide medical insurance and employee benefits to customers including humanitarian operations and corporate clients.
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Broker WGA acquires Paradigm Associates (posted 08/26/10 at 11:25am)
Boston independent insurance broker William Gallagher Associates, with offices in Hartford, is acquiring Paradigm Associates, a Braintree, Mass., health and welfare benefit plan consultant.
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Travelers wins big in 17-year asbestos case (posted 08/25/10 at 11:47am)
A New York state judge has awarded Travelers Cos. $262.3 million plus interest in a 17-year-old reinsurance case over asbestos coverage whose facts date back to the late 1940s, Reuters reports.
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Cuomo subpoenas 5 more insurers in benefits probe (posted 08/19/10 at 3:26pm)
New York Attorney General Andrew Cuomo has subpoenaed five more insurers in a widening probe into whether the industry has defrauded families of deceased members of the military.
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Insurer trade group spends $2.3 M on 2Q lobbying (posted 08/19/10 at 3:20pm)
The trade association America's Health Insurance Plans ratcheted down its federal lobbying spending in the second quarter, which started shortly after Congress passed health care reform that aims to cover millions of people but promises many changes and restrictions for insurers.
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