California Insurers Agree to Delay Rate Hikes

Aetna, Anthem Blue Cross, PacifiCare and the last holdout, Blue Shield, have agreed to Insurance Commissioner Dave Jones’ request to delay proposed rate hikes for 60 days. The first three companies relented last week. It took public pressure, notably from the...

California Insurer PacifiCare Accused of Mismanagement

According to news reports, the California Department of Insurance wants to slap health insurer PacifiCare with up to $9.9 billion in fines over alleged mismanagement and fraud: California regulators seek up to $9.9 billion in fines from PacifiCare By Duke Helfand, Los...