Consumer Watchdog filed a ballot initiative in California to make health insurance companies open their books to forcing them to justify, under penalty of perjury, their proposed rate changes before they take effect.

The House Subcommittee on Oversight and Investigations and the Subcommittee on Health, arms of the House Energy and Commerce Committee, held a joint hearing Wednesday, to pounce on the early warnings dooming the Community Living Assistance Services and Support Act Act (CLASS), two years before it was finally declared dead...

The U.S. life insurance industry may begin to see some erosion in results in the third quarter, despite strong earnings in the first half, according to a report published today by Standard & Poors Ratings Services.

Some Florida health insurers may be sending in letters of intent this Friday to join Florida Health Choices, a web-based marketplace that may have to stand in as the state health care exchange, as Florida has sent the Feds packing as far as implementing an exchange under the PPACA. ...

Health insurers and HMOs will have to put a larger share of the money they collect from consumers into medical care under a new medical loss ratio (MLR) law that goes into effect Jan. 1, one of 10 new California Department of Insurance (CDI) bills signed by the governor recently.

State health care exchange plans still must be in place for approval by Jan. 1, 2013, but the U.S. Department of Health and Human Services will help support the process operationally as states move toward exchange certification, according to Amanda Cowley, acting director for state health exchanges, for HHSs...

The 100,000 health insurance producers who belong to the National Association of Health Underwriters are hoping allies will help rescue them from what they see as an increasingly desperate situation but relief isnt necessarily on the way any time soon.