insurance companies

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Insuring Against Political Risks
Insuring Against Political Risks

Insuring Against Political Risks

Coups, riots, civil wars: Companies buy huge policies covering political upheaval

(Newser) - Political-risk insurance has quietly become a billion-dollar industry, the Economist reports, as Western corporations doing business in the developing world crave protection against coups, embargoes and civil wars. The Berne Union, a syndicate of 30 of the field's biggest insurers, says members have $113 billion in outstanding policies in some...

Insurer Ties Employee Pay to Patient Health

Plan will offer bonuses for boosting patients' use of preventive services

(Newser) - The country's largest health insurer says it will pay up for good health--offering bonuses to employees who boost patients' use of preventive medical services. WellPoint Inc.'s plan is intended to encourage participation in programs like diabetes management, which helps patients handle their medical needs before they end up in...

Insurers Fighting Claims of Elderly
Insurers Fighting Claims of Elderly

Insurers Fighting Claims of Elderly

“They’ll do anything to avoid paying, because if they wait long enough, they know the policyholders will die."

(Newser) - Elderly patients who bought long-term care policies are finding their claims denied by companies calculating that they don’t have the resources or the energy to fight and are likely to die before their cases are settled. An investigation by Charles Duhigg identifies insurance companies that reject coverage for the...

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