Monthly Archives: August 2017

Anthem to leave Virginia’s Obamacare marketplace next year

Posted on August 16, 2017 by ce

Source: The Washington Post by Carolyn Y. Johnson A major insurer, Anthem, announced late Friday that it will pull out of the Affordable Care Act marketplace in Virginia — the latest company to scale back its participation in an insurance … Continue reading →

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Health Insurers Get More Time to Calculate Increases for 2018

Posted on August 16, 2017 by ce

Source: New York Times by Robert Pear WASHINGTON — The Trump administration is giving health insurance companies more time to calculate price increases for 2018 because of uncertainty caused by the president’s threat to cut off crucial subsidies paid to … Continue reading →

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Commercial Auto Puts Brakes on Insurer Profits

Posted on August 8, 2017 by ce

Source: Business Insurance, by Matthew Lerner The commercial auto sector continued to weigh on the profitability of U.S. property/casualty insurers during 2016 and will likely see continued rate increases, according to a report from Fitch Ratings Inc. released Thursday.

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