Pennsylvania Department of Insurance

Entity type image
Type: Organization
Name: Pennsylvania Department of Insurance
First reported May 22 2013 - Updated May 22 2013 - 2 reports

Pennsylvania Protects Consumers In Reaching Settlement With Three CIGNA Companies

HARRISBURG, Pa.This settlement was reached through the coordinated efforts of five state insurance departments: California "The state examinations showed that these three CIGNA companies were lax and not using available information to appropriately process ... [Published TheStreet.com - May 22 2013]
First reported May 04 2013 - Updated May 05 2013 - 1 reports

UPMC may want pain relief with Highmark merger’s approval

His secret wish that nemesis Highmark Inc. would fail to acquire West Penn Allegheny Health System blew up this week when the deal won a key approval from the Pennsylvania Department of Insurance. Highmark's big win is UPMC's big loss. The insurer's plan ... [Published Pittsburgh Tribune Review - May 04 2013]
First reported May 02 2013 - Updated May 03 2013 - 2 reports

EDITORIAL: Medical rescue: The Allegheny Health Network is born [Pittsburgh Post-Gazette]

May 02-- The state boosted not only the health care but also the fortunes of the region Monday by approving the merger of Highmark and the West Penn Allegheny Health System. In deciding after an 18- month examination to back Highmark's acquisition of ... [Published Insurance News Net - May 02 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

EDITORIAL: The Highmark-West Penn deal: Can Paul do it?

Perhaps lost in the news that the Pennsylvania Department of Insurance has approved insurance giant Highmark Inc.'s $1.1 billion takeover of beleaguered West Penn Allegheny Health System is this backstory:It was a decade ago that John Paul, then the second-most-powerful ... [Published Individual.com - May 01 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

EDITORIAL: The Highmark-West Penn deal: Can Paul do it? [The Pittsburgh Tribune-Review]

May 01-- Perhaps lost in the news that the Pennsylvania Department of Insurance has approved insurance giant Highmark Inc.' s $1.1 billion takeover of beleaguered West Penn Allegheny Health System is this backstory:. Mr. Paul, then in his early 50 s, ... [Published Insurance News Net - May 01 2013]
First reported May 01 2013 - Updated May 01 2013 - 1 reports

The Highmark-West Penn deal: Can Paul do it?

ByPerhaps lost in the news that the Pennsylvania Department of Insurance has approved insurance giant Highmark Inc.’s $1.1 billion takeover of beleaguered West Penn Allegheny ... ... [Published Pittsburgh Tribune Review - May 01 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Green light for Highmark, West Penn deal

Nearly 18 months in the making and with more twists and turns than a Formula 1 race track, Highmark and West Penn Allegheny Health System received conditional approval from the Pennsylvania Department of Insurance to move forward with its affiliation ... [Published Healthcare Finance News - Apr 30 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

Allegheny Health Network CEO 'unbelievably qualified'

John Paul knows all about Highmark's bitter rivalry with UPMC.Paul, 62, will be president and CEO of Pittsburgh's new hospital system -- Allegheny Health Network -- having spending much of his career as second-in-command at UPMC.He was credited with working ... [Published Individual.com - Apr 30 2013]
First reported Apr 17 2013 - Updated Apr 17 2013 - 1 reports

Spring Cleaning is a Good Time for Preventative Home Maintenance

/PRNewswire-USNewswire/ -- Pennsylvanians are starting spring cleaning projects, but should give a thought to insurance too. The Pennsylvania Insurance Department recommends taking the time for minor fixes now, to save homeowner insurance claims late ... [Published FinanzNachrichten.de - Apr 17 2013]

Quotes

"The state examinations showed that these three CIGNA companies were lax and not using available information to appropriately process disability income insurance claims" Commissioner Michael Consedine
...were lax and not using available information to appropriately process disability income insurance claims," Commissioner Michael Consedine said. "The companies are now re-evaluating certain claims and have so far set aside $48 million in reserves in the event additional benefits need to be paid, as well as an additional $29 million in additional amounts for presently open claims."
...order approves, with conditions, Highmark's transaction to create an IDN and affiliate with the West Penn Allegheny Health System," Consedine said. "Our goal from the outset was to have a comprehensive, transparent review in order to make a fully informed and well-founded determination. We have met that goal."
...Monday press conference that the long wait is now over and the two can move forward with their plans to create a second viable IDN for the region. "Today will be remembered, I have no doubt, as one of the most important and most notable in our 75-year journey" said William Winkenwerder Jr., Highmark CEO, while also acknowledging the impact for the people of Pittsburgh...

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Cigna to Pay Five States $1.67 Million in Fines... [Published Individual.com - 15 hours ago]
Pennsylvania Protects Consumers in Reaching Set... [Published PR Newswire - May 22 2013]
Pennsylvania Protects Consumers In Reaching Set... [Published TheStreet.com - May 22 2013]
Pennsylvania Protects Consumers in Reaching Set... [Published FinanzNachrichten.de - May 22 2013]
UPMC may want pain relief with Highmark merger’... [Published Pittsburgh Tribune Review - May 04 2013]
EDITORIAL: Medical rescue: The Allegheny Health... [Published Insurance News Net - May 02 2013]
Pennsylvania Department of Insurance Accepts Hi... [Published Individual.com - May 02 2013]
EDITORIAL: The Highmark-West Penn deal: Can Pau... [Published Individual.com - May 01 2013]
EDITORIAL: The Highmark-West Penn deal: Can Pau... [Published Insurance News Net - May 01 2013]
The Highmark-West Penn deal: Can Paul do it? [Published Pittsburgh Tribune Review - May 01 2013]
Green light for Highmark, West Penn deal [Published Healthcare Finance News - Apr 30 2013]
Allegheny Health Network CEO 'unbelievably qual... [Published Individual.com - Apr 30 2013]
Fitch Places West Penn Allegheny Health System ... [Published Business Wire - Apr 29 2013]
Fitch Places West Penn Allegheny Health System ... [Published Business Wire Professional Services News - Apr 29 2013]
Insurance Department Approves Highmark's Transa... [Published SYS-CON Media - Apr 29 2013]
Spring Cleaning is a Good Time for Preventative... [Published FinanzNachrichten.de - Apr 17 2013]
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Pennsylvania Protects Consumers in Reaching Set... [Published PR Newswire - May 22 2013]
Fitch Places West Penn Allegheny Health System ... [Published Business Wire - Apr 29 2013]
Fitch Places West Penn Allegheny Health System ... [Published Business Wire Professional Services News - Apr 29 2013]
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