Pennsylvania Insurance

Pennsylvania regulatory authorities, seizures Fidelity Mutual Life Insurance Company of Radnor, Pennsylvania, in a move that blocks 100000 customers their money from the company.
This is the first of a major blackout life insurance to more than 16 months, experts say, and just as the industry has tried to restore public confidence after the failure of […]

Instead of a partner in central Pennsylvania, Inc. Hohenstein Mark is clearly facing a rival.
Capital Blue Cross said it planned a company that offers insurance for both the doctor and hospital.
In response to Mark Hohenstein said it would compete with its own funds in lawns, ends a relationship of partnership, it has existed for decades […]

Nationwide Financial Services Inc. declared itself ready to buy Provident Mutual Life Insurance Co., Pennsylvania’s second insurance company, for $ 1.56 billion.
In the project announced yesterday the purchase of more than 250000 Provident would be provided more than 80 percent of stocks in the Nationwide Financial and the rest in cash. The companies said they […]

Three huge and Blue Cross Blue Shield health insurance to more than half the population of Pennsylvania have huge stocks of surplus cash in recent years, while the loading process higher d ‘ subscribers premium rates.
The companies, all non-profit organizations, maintain more than $ 3 billion in surplus - far exceeds the legal requirements. These […]

Capital Blue Cross and Blue Shield PA, no direct negative impact on its next Split. Almost all its customers have opted for another year of scope jointly by the two insurers.
“We have one of the best years we ever had,” said James Mead, President and Chief Executive Officer of Capital Blue Cross.
But on the market, […]

PMA Capital (NASDAQ: PMACA) today announced a net loss of $ 96.4 million or $ 3.08 per share more for the third quarter of 2003, compared with net income of $ 9.4 million, or 30 cents per diluted share for the third quarter of 2002. For the nine months ended 30 September 2003, we have […]

Standard & Poor’s Ratings Services has lowered its counterparty credit rating and debt priority in the PMA Capital Corp. (NASDAQ: PMACA) on “B” from “BB-”.
Standard & Poor’s also lowered its counterparty credit and financial rating on reinsurers PMA Capital Insurance Co. (PMACIC) to “BB” from “BBB-”.
In addition, Standard & Poor’s lowered its counterparty credit and […]

CHICAGO - Fitch Ratings today announced its updates Quantitative Insurer Financial Strength (Q-IFS) 555 ratings for USA claims of insurance companies. Meanwhile, Fitch has the new Q-IFS-80 Ratings on the USA insurers.
Of the 555 updated ratings, there are 69 upgrades, 25 demotions and 381 claims. Fitch notes that the number of updates on Down degree […]

Harrisburg, Pennsylvania - Lillian star passes through most days Methodist Hospital of Philadelphia as a diagnostic radiologist specialty of mammography. Eight times over the last ten years, she found a defendant himself - wrongly, she says - to health care misconduct complaints.
“The lawyers complain, never touched all patients in a hospital, and that everyone in […]

Robert L. Dawson followed an unusual path to the top job in Health Insurance and Health America, a large central health insurance in Pennsylvania.
He studied history at school, then took a stab musical glory.
The Dawson Boys, a musical group he founded with his brother, ED, tours and cut a single for Atlantic Records.
“It was the […]