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Having grown up in an insurance family, Jerry moved to Southern California in the early ‘70s where he worked with George Walker in the development and expansion of a varied book of property & casualty business including the largest medical professional liability insurance program in the U.
Philadelphia, PA (Pennsylvania) US
Investment Services, International Freight Services, Healthcare or Screening Services, Information Services, Material Life Assessment...
TEL: +215 761 6254
http://www.cigna.co.nz
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Cigna Quotes and Applications Now Available In Florida-(877)337-4168 Help Line. Cigna now offers direct quotes and applications online. Available to all Florida residents.Individual, Family and Employee group are quoted.
Managed care company Cigna Corp. said Thursday its third-quarter profit soared 92 percent, as improving equity markets spurred a big turnaround in a business segment that hurt the insurer last year. Philadelphia-based Cigna earned $329 million, or $1.
http://www.examiner.com/a-2304877~Insurer_Cigna_s_3Q_profit_grows_92_percent.html?cid=rss-Business
An analyst for JPMorgan upgraded shares of WellPoint Inc. and Cigna Corp. Monday, saying the stocks should trade higher as the details of a federal health care reform bill come into focus. Analyst John Rex said the health insurers will have a difficult year...
A company better known as a health insurer has opened two new walk-in clinics in Arizona.
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OLDWICK, N.J., Nov 24, 2009 (A. M. Best via COMTEX) --
The AMBG closed Monday, Nov. 23, at 812.46 (+1.94%). All 15 A.M. Best stock indexes rose. Leading A.M. Best's Global Insurance Composite Index (AMBG) were Cigna (+7.56%) and United America Indemnity (+6.56%). Trailing the list of global insurance stocks were Kingstone Cos. Inc. (-25.13%) and Kingsway Financial Services (-6.11%).
The European Insurance Index led the sector indexes, with the Asia/Pacific Insurance Index trailing the list. In descending order, the A.M. Best Insurance Stock Indexes closed at:
European Insurance Index (AMBEUR) +3.36%
U.S. Health and HMO Insurance Index (AMBUH) +3.08%
Global Multi-Line Insurance Index (AMBGML) +2.96%
Global Life Insurance Index (AMBGL) +2.69%
U.S. Life and Health/HMO Insurance Index (AMBULH) +2.32%
Global Composite Index (AMBG) +1.94%
U.S. Life Insurance Index (AMBUL) +1.59%
Global Reinsurance Index (AMBGR) +1.52%
U.S. Insurance Index (AMBUS) +1.34%
U.S. Multi-Line Insurance Index (AMBUML) +1.15%
Global Insurance Brokers Index (AMBGB) +0.81%
U.S. Insurance Brokers Index (AMBUB) +0.77%
Global Non-Life Insurance Index (AMBGNL) +0.74%
U.S. Property/Casualty Insurance Index (AMBUPC) +0.58%
Asia/Pacific Insurance Index (AMBAP) +0.40%
The U.S. Insurance Index (AMBUS) closed at 741.47 (+1.34%). Leading the AMBUS were Cigna (+7.56%) and United America Indemnity (+6.56%). Trailing the AMBUS were Kingstone Cos. Inc. (-25.13%) and National Security Group (-2.83%).
The European Insurance Index (AMBEUR) closed at 899.88 (+3.36%)%. Leading the AMBEUR were Hannover Rueckversicherungs AG (+4.17%) and ING Groep N.V. (+3.75%). Trailing the AMBEUR were Hardy Underwriting (-2.11%) and Omega Insurance Holdings (-0.84%).
The Asia/Pacific Insurance Index (AMBAP) closed at 1152.98 (+0.40%). Leading the AMBAP were Tower Ltd. (+2.86%) and CNinsure Inc. (+1.96%). Trailing the AMBAP were Qatar General Ins & Re Co. (-2.68%) and Hyundai Marine & Fire Insurance Co. Ltd. (-0.96%).
The Global Reinsurance Index (AMBGR) closed at 966.64 (+1.52%). Leading the AMBGR were Hannover Rueckversicherungs AG (+4.17%) and ING Groep N.V. (+3.75%). Trailing the AMBGR were Continental Reinsurance (-4.62%) and Maiden Holdings Ltd. (-3.08%).
The Global Broker Index (AMBGB) closed at 972.33 (+0.81%). Leading the AMBGB were CNinsure Inc. (+1.96%) and National Financial Partners (+1.49%). Trailing the AMBGB were Kingstone Cos. Inc. (-25.13%) and Hansard Global (-0.29%).
The Global Multi-Line Insurance Index (AMBGML) closed at 619.77 (+2.96%). Leading the AMBGML were Hannover Rueckversicherungs AG (+4.17%) and Delphi Financial Group (+3.46%). Trailing the AMBGML were Arab Orient Insurance Co. (0.00%) and Atlantic American Corp. (0.00%).
The Global Nonlife Insurance Index (AMBGNL) closed at 1064.45 (+0.74%). Leading the AMBGNL were United America Indemnity (+6.56%) and American Safety Insurance Holdings (+5.74%). Trailing the AMBGNL were Kingsway Financial Services (-6.11%) and Maiden Holdings Ltd. (-3.08%).
The Global Life Insurance Index (AMBGL) closed at 762.80 (+2.69%). Leading the AMBGL were Cigna (+7.56%) and HealthSpring (+5.71%). Trailing the AMBGL were Phoenix Cos. (-2.67%) and National Western Life Insurance (-0.61%).
The U.S. Property/Casualty Index (AMBUPC) closed at 1075.97 (+0.58%). Leading the AMBUPC were United America Indemnity (+6.56%) and American Safety Insurance Holdings (+5.74%). Trailing the AMBUPC were Maiden Holdings Ltd. (-3.08%) and National Security Group (-2.83%).
The U.S. Multi-Line Insurance Index (AMBUML) closed at 190.96 (+1.15%). Leading the AMBUML were Delphi Financial Group (+3.46%) and American National Insurance (+2.04%). Trailing the AMBUML were Atlantic American Corp. (0.00%) and American International Group (+0.51%).
The U.S. Life Insurance Index (AMBUL) closed at 756.51 (+1.59%). Leading the AMBUL were Presidential Life Corp. (+4.45%) and Kansas City Life Insurance (+4.07%). Trailing the AMBUL were Phoenix Cos. (-2.67%) and National Western Life Insurance (-0.61%).
The U.S. Life and Health/HMO Insurance Index (AMBULH) closed at 812.96 (+2.32%). Leading the AMBULH were Cigna (+7.56%) and HealthSpring (+5.71%). Trailing the AMBULH were Phoenix Cos. (-2.67%) and National Western Life Insurance (-0.61%).
The U.S. Health and HMO Index (AMBUH) closed at 873.53 (+3.08%). Leading the AMBUH were Cigna (+7.56%) and HealthSpring (+5.71%). Trailing the AMBUH were Universal American (+1.18%) and Unum Group (+1.21%).
The U.S. Insurance Brokers Index (AMBUB) closed at 886.85 (+0.77%). Leading the AMBUB were National Financial Partners (+1.49%) and Arthur J. Gallagher & Co. (+1.34%). Trailing the AMBUB were Kingstone Cos. Inc. (-25.13%) and InsWeb (0.00%).
Performance rankings of companies in each A.M. Best insurance sector index are published weekly in BestWeek.
The A.M. Best stock indexes cover 202 publicly traded insurance companies and brokers. Index values are calculated by Dow Jones Indexes in U.S. dollars. Companies in the A.M. Best stock indexes include insurers and insurance-related organizations with credit ratings from A.M. Best, along with brokers. A.M. Best does not provide investment recommendations. A listing of companies in each A.M. Best Index is available at http://www.ambest.com/stocks.
Tags: asia broker dow jones financial services fire health hmo index insurance investment kansas life insurance marine president property qatar reinsurance
Companies: Kingstone Cos Inc (KINS)
Nov 23, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/23/2009 - Cigna Corp. (NYSE:CI) shares rose 7.2% after JPMorgan Chase (NYSE:JPM) upgraded the stock to "overweight" from "neutral," according to a Bloomberg report. In a note to clients, JPMorgan analysts said, "While with the headwinds of unemployment, Medicare rates, flu and Cobra, it's difficult to get excited about 2010 operating results, we like the longer-term view more than we have in some time, with underwriting margins having reset to levels we haven't seen in years. Importantly, we believe this creates the backdrop for a second, sustainable leg in the stocks, once we get through reform."
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: market note nyse rates securities unemployment
Nov 04, 2009 (Close-Up Media via COMTEX) --
Tenet Healthcare Corp. said that 42 of its hospitals received 257 quality designations through Cigna HealthCare.
In a release, the Company noted that these quality designations are based on outcomes for treatment of 29 surgical procedures and medical conditions. The patient outcomes data are based partially on a hospital's Centers for Medicare and Medicaid Services (CMS) Hospital Compare measures, Leapfrog Patient Safety Measures, mortality and complications rates. Tenet said that the designations indicate superior outcomes and nearly 65 percent of Cigna HealthCare's network hospitals receive a quality designation for treatment of at least one condition.
"We are very proud that so many of our hospitals have again received quality designations that are based on the latest evidence-based care," said Stephen L. Newman, M.D., Tenet's chief operating officer. "This affirms our commitment to improving the quality of care provided at our hospitals. In fact, 86 percent of Tenet's hospitals received a Cigna HealthCare quality designation. We also increased the total number of quality designations at our hospitals from 214 in 2008 to 257 in 2009, a 20 percent increase."
Dr. Newman added, "Tenet applauds CIGNA's leadership within the industry for its comprehensive quality program. Last year we worked with Cigna to develop an innovative pay-for-performance program that links to these COE designations. Our hospitals that achieved COE designations receive incremental revenue as a result of the high-quality care they provide to our patients."
"We are pleased that Tenet shares our goal to strengthen quality and provide individuals with information that can help them make health care decisions," adds Dr. Richard Salmon, national medical director for Cigna HealthCare. "We applaud their efforts to work with us to secure these designations and improve care delivery."
Tenet Healthcare Corp. is a health care services company whose subsidiaries and affiliates own and operate acute care hospitals, ambulatory surgery centers and diagnostic imaging centers.
((Comments on this story may be sent to health@closeupmedia.com))
Tags: health healthcare hospital medical rates revenue surgery
Companies: Tenet Healthcare Corp. (THC)
Oct 04, 2009 (Close-Up Media via COMTEX) --
A recent Cigna survey of consumers across the country found that employees at small companies are more likely than those employed by larger companies to look for ways to save money on prescription drugs.
The same study found that 60 percent of consumers are willing to spend 30 minutes on a Web site comparing costs and services if it will save them $100. Yet, only 40 percent say that they have actually compared prices for their prescriptions, even though switching from a brand name drug to a generic drug can save $200 per year on average per prescription.
Additional survey findings, according to Cigna, include:
- Regardless of the size of their company, men are more likely (43 percent) than women (30 percent) to take what their doctor tells them to without asking questions about generic alternatives.
- Compared to those employed by larger companies, people who work at smaller companies are also more likely to ask their physician for the most cost-effective drug.
"Consumers, especially those employed by small companies, want information on ways to save money on medications. That's why we offer options to help customers save money on their prescription drugs," said Kurt Weimer, president for CIGNA's individual and small group business. "CIGNA's customers have access to the company's online prescription drug price quote tool where people can compare generic and brand name prices at local retail pharmacies or from Cigna Tel-Drug Home Delivery Pharmacy."
A separate survey from Cigna found that when consumers did comparison shop, only 31 percent used the Internet to compare drug prices. Of those who do use the Internet to comparison shop for drugs, 22 percent were between the ages of 18-34. "Our goal is to help employers and their employees get the information they need in a manner that works for them," said Weimer. "That's why we also offer tips to help people speak to their physician about generic drug options and provide access to nurses to answer questions by phone."
More Information:
www.cigna.com
((Comments on this story may be sent to newsdesk@closeupmedia.com))
Tags: business drugs local medical men money online pharmacy president prices retail web women
Companies: Small Business Co/The (SBCOE)
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http://video.forbes.com/Thursday/er_gbu121108c?partner=yahootix
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Cigna Healthcare True Access® is a registered trademark used for Managed Health Care Services and owned by Cigna Intellectual Property, Inc., CIGNA Corporation. Full trade mark registration details, registered images and more information below.
http://it.zibb.com/trademark/cigna+healthcare+true+access/29725682
Capitalization at Cigna Questioned After 3Q Profits Dropped 53% on Falling Stock Values and Declining Membership; Cigna Defends Drop, Reaffirming That Company's Capitalization Remains Strong http://www.clipsyndicate.com/video/playlist/1998/735365?cpt=8&wpid=523
http://www.zibb.com/article/4286390/Video+Cigna+s+Big+Comeback
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CIGNA is a global health service company, dedicated to helping people improve their health, well-being and security. We provide an integrated suite of health, life, accident ...
Information on benefits and programs, with searchable database of open positions by location, job category or status.
Information about Cigna Corporation ... RSS feeds allow Web site content to be gathered via feed reader software.
http://www.chicagotribune.com/topic/economy-business-finance/cigna-corporation-ORCRP003269.topic
CIGNA Corporation (NYSE: CI) is an American for profit health insurance company. The health care headquarters are located in Bloomfield, Connecticut, while the corporate ...