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U.S. to Let Insurers Raise Fees for Sick Children

The Obama administration said insurers could charge more for children with medical issues, if states allowed it.

 

Consumer group: Insurers kept surplus while hiking premiums

Consumer group: Insurers kept surplus while hiking premiums

Non-profit Blue Cross and Blue Shield health plans stockpiled billions of dollars during the past decade, yet continued to hit consumers with double-digit premium increases, Consumers Union found in an analysis of 10 of the plans' finances.

 

UK's Prudential buys AIG's Asian unit for $35.5B

British insurer Prudential PLC said Monday it will buy the Asian unit of bailed out American International Group Inc. in a deal worth $35.5 billion that will allow AIG to pay back some of the money it owes U.S. taxpayers....

 

Five AIG execs say may quit over pay

Five AIG execs say may quit over pay

Five senior executives at American International Group told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday.

 

NY Fed 'paid AIG banks too much'

NY Fed 'paid AIG banks too much'

Federal regulators involved in the rescue of insurer AIG may have overpaid other banks when cutting a deal, a report says.

 

Fat baby can get coverage after all, insurer says

Fat baby can get coverage after all, insurer says

After drawing national attention for denying coverage to a healthy but heavy 4-month-old boy, a Colorado insurer has changed its policy on hefty infants.

 

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