Anthem

Modernhealthcare | December 22, 2017

Sen. Claire McCaskill (D-Mo.) is taking on insurance giant Anthem over its controversial policy to deny coverage for emergency department treatment for cases that are later determined not to have been an emergency. Anthem said it rolled out the policy change in Georgia and Missouri this past June. The insurer has said it began instituting the policy change in parts of Kentucky as well as far back as 2015, but some have raised doubts over those claims. "We had no evidence that any claim was ...

Anthem, Inc | June 08, 2018

In 2017, insurance company Anthem, Inc. began implementing new medical coverage policies that affect emergency services and medical imaging. As to the former, Anthem’s new policy allows it to reduce coverage for emergency services provided if Anthem later determines that the situation giving rise to the services was not, after all, an emergency. As to the latter, Anthem is denying certain claims for medical imaging performed at hospitals rather than at clinics....

INSURANCE TECHNOLOGY

Balance RE | September 01, 2021

Balance Re, the life reinsurance start-up specialised in quantitative asset-liability management, today announced it has raised $10m in Series A funding from leading financial services investor Anthemis Group, with participation from Global Brain and the company's existing investors, Roland Berger Industries GmbH and Talabot Finance. Balance Re offers comprehensive reinsurance solutions to life insurance companies and pension funds to support capital management related to thei...

Gallagher | January 13, 2020

The Caribbean insurance broker provides property/casualty, and employee benefits products and services to private, public, and multinational companies. Arthur J. Gallagher & Co. (Gallagher) has acquired a 60% stake in Risk Management Services (RMS), a Caribbean insurance broker, for an undisclosed price. Risk Management Services is based in Port of Spain, Trinidad and Tobago. It was established in 1978 as a subsidiary of the Neal & Massy Group with an objective to address the insurance a...