Unum Group, a provider of disability, life and accidental death insurance, said profit in the second quarter increased nearly 10 percent mostly due to lower investment losses than a year ago.

An Obama administration official defended the Patient Protection and Affordable Care Act (PPACA) rate review provisions today at a Senate hearing.

The new federal budget deal resolution may not refer directly to private health insurance, but it could have major effects on the health market, an analyst says.

The Senate passed, 74-26, on Tuesday the compromise legislation to raise the debt ceiling and cut the deficit that President Barack Obama and congressional leaders agreed to on Sunday.