-
Mark Cuban Floats Bold Healthcare Plan: 'Zero Premiums To Insurance Companies' With A Cash-Pay Revolution
Tuesday, June 17, 2025 - 7:21am | 892Billionaire entrepreneur Mark Cuban has proposed a bold plan to revolutionize the U.S. healthcare system, eliminating traditional insurance premiums and introducing transparent pricing. What Happened: Cuban’s recent proposal, posted on social media platform X, comes amid growing frustration...
-
Blue Cross Blue Shield's $2.7B Tentative Antitrust Settlement Deal Sets To Benefit Americans
Friday, September 25, 2020 - 6:09am | 333The Blue Cross Blue Shield insurance group is working out a tentative agreement to settle $2.7 billion, in an antitrust class-action lawsuit filed in 2012 on behalf of the health plan customers, reports Reuters. The Blue Cross Blue Shield Association comprises of 36 insurance providers....
-
Tumultuous Times For Transportation Industry Insurers
Thursday, May 28, 2020 - 10:01am | 1638The TT does not stand for troubled times, although the TT Club has seen plenty. The TT stands for Through Transport, referring to the insurer's customers in shipping, freight forwarding and logistics. The TT Club says it insures 80% of all maritime containers and has an insurable interest in more...
-
Will Hurricane Harvey Be The Costliest Storm The Insurance Industry's Ever Faced?
Monday, August 28, 2017 - 12:19pm | 693When Hurricane Sandy blew through the Northeast, trailing $68.4 billion in damages, insurers felt a $30 billion punch, according to Statista. The Gulf’s legendary Katrina drained some $80 billion from the pot. But insurance companies could escape relatively unscathed from the weekend’s...
-
KBW Upgrades One Large Regional Bank, One Insurer After Black Monday
Tuesday, August 25, 2015 - 11:00am | 408Investors looking to add (or initiate) exposure in the financial sector following Monday's stock market sell-off should consider Christopher Mutascio of KBW two latest picks which consists of a large regional bank and an insurer. Upgrading Regions Financial To Market Perform Regions...
-
HIG Triggers Rally In Insurers (LNC, PFG, PRU, MET, GNW, ALL, AON, TMK, TRV, AIG)
Tuesday, January 12, 2010 - 2:04pm | 174Following a strong preannouncement by Hartford Financial Services Group Inc (NYSE: HIG) for its latest quarter, several insurance companies opened higher this morning. Lincoln National Corp (NYSE: LNC) shares gained 1.90% to $27.91, while those of Principal Financial Group Inc (NYSE: PFG) rose 0.58...
-
United Health Care (UNH) and Aetna Inc. (AET) Down on Health Care Bill Progress
Tuesday, October 13, 2009 - 1:30pm | 134Large health insurers including United Health Care (NYSE: UNH) and Aetna Inc. (NYSE: AET) are down significantly due to the continued 'progress' on healthcare reform. Earlier today Senator Olympia Snow, a republican from Maine, said she would support the current form of the health care reform bill...