Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market.
insurance
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Aviva's potential 5.6 billion pound ($8.8 billion) purchase of Friends Life reflects a need to consolidate and cut costs in Britain's insurance industry, fund managers said.
Hospitals and insurers are expected to give their clearest view yet on whether people are having more surgeries and other medical procedures during the next few weeks when they report earnings, according to investors who are closely watching U.S. medical services use.
Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems Inc, said Chinese hackers had broken into its computer network and stolen the personal information of 4.5 million patients.
FINRA, in its oversight powers, is contemplating the imposition of a requirement of having insurance to cover payouts should the brokerage firm fail.
The Hartford Financial Services Group announced that it would continue to provide home and auto insurance products to AARP members.
The largest US life insurer New York Life Insurance Co purchases Dexia Asset Management.
Formal agreements were recently signed between Confie Seguros and Affirmative Insurance Holdings as to the acquisition of the retail distribution arm of AFFM.
India would be inaugurating is its insurance repositories on September 16.
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Hellman & Friedman agreed to acquire Hub International Inc., an insurance company based in Chicago.
RSA's shares gained ground today after losing due to bad weather conditions in Canada.
India's DLF sells its shares in DLF Pramerica Life Insurance Company to Dewan Housing Finance Corp.
Travelers Cos. reported its biggest decline since 2008 in most recent quarterly report.
According to Zacks, the health insurance industry is “thriving under stress”.
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