Category Insurance

Chubb Limited Shareholders Approve 30th Consecutive Annual Dividend Increase; Chubb Limited Board Declares Record Date for First Dividend Installment

Chubb Limited (NYSE: CB) announced today that at its 2023 Annual General Meeting, held at the company’s offices in Zurich, Switzerland, shareholders approved a 3.6% increase in the company’s dividend to $3.44 per share annually ($0.86 per share, per quarter) from $3.32 per share ($0.83 per share,…

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Congressional Committee, Regulators Question Cigna System That Lets Its Doctors Deny Claims Without Reading Patient Files

A key congressional committee asked insurance giant Cigna on Tuesday to provide corporate documents so that lawmakers can examine the company’s practice of denying health care claims without ever opening a patient file. The House Committee on Energy and Commerce…

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Tencent, Ping An lead Hong Kong stock advance as investors anticipate tech earnings and state-owned firms get boost

Hong Kong stocks rose on a rally in tech stocks as investors anticipated strong net profits from Tencent and Alibaba in their quarterly earnings releases. Banks and insurers gained, following onshore peers that have benefitted from government initiatives to boost the valuation…

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Elevance Health Announces Appearance at the Bernstein 39th Annual Strategic Decisions Conference

Elevance Health (NYSE: ELV) announced today that senior management is scheduled to present at the Bernstein 39th Annual Strategic Decisions Conference in New York City on June 1, at 8:00 a.m. Eastern Daylight Time (EDT). All interested parties are invited to listen to…

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‘Stunning’ change to United’s colonoscopy coverage roils physicians and patients

When gastroenterologists learned in March that UnitedHealthcare plans to barricade many colonoscopies behind a controversial and complicated process known as prior authorization, their emotions cycled rapidly between fear, shock, and outrage. The change, which the health insurer will implement on June 1,…

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