Baldwin & Lyons reports higher revenue, lower profit
Indianapolis-based insurer of car and truck fleets posts quarterly profit slightly lower than a year ago. Revenue, however, rose to $67.7 million, up from $60.8 million in 2009.
Insurance Claims
Articles
Report says Blue Cross worst in insurance claim accuracy
One in five medical claims is processed inaccurately by commercial health insurers—and a unit of Indianapolis-based
WellPoint Inc. does even worse—often leaving physicians shortchanged, according to the nation's largest doctor's
group.
Earthquake shakes Baldwin’s first-quarter profit
The February earthquake in Chile sent first-quarter profit tumbling 90 percent at Indianapolis-based property and casualty
insurer Baldwin & Lyons Inc.
Q&A
Dr. Stanley Adkins is chief medical officer of Indianapolis-based AmeriVeriCR, a startup that uses software to review medical
claims for errors. With health care reform and a new, larger set of
diagnosis codes phasing in over the next few years, AmeriVeri is betting that demand for its service will increase.
Tomisue Hilbert investigates mother’s death, $15M insurance policy
The wife of Indianapolis businessman Steve Hilbert is working with a team of attorneys to determine whether her deceased mother’s
estate can claim the benefit of a life insurance policy issued by Houston-based American General Life Insurance Co.
Hilbert in-law’s insurance fraud trial set for October
As IBJ reported last year, Houston-based American General Life Insurance Company is attempting to invalidate a $15
million policy it issued in January 2006 insuring the life of Germaine “Suzy” Tomlinson—Conseco Inc. co-founder
Stephen Hilbert’s mother-in-law—who died Sept. 28, 2008, at age 74.
California regulator finds Anthem Blue Cross violations
California’s insurance regulator said Monday his office has found more than 700 violations by the state’s largest for-profit
health insurer, a subsidiary of Indianapolis-based WellPoint.
Indiana among 15 states accusing Amgen of illegal kickbacks
Biotechnology behemoth Amgen Inc. is being sued by 15 states, including Indiana, alleging the company gave kickbacks to medical
providers to help boost sales of the Aranesp.
Hilbert in-law’s life insurance dispute takes odd turn
Local businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
Cummins sues insurers over $381M in flood claims
Cummins Inc. is battling its insurers in court, saying they’re refusing to pay
most of the company’s $381 million in claims stemming from the flood that immersed its southern Indiana
facilities a year ago.
Let’s set record straight on benefits
The insurance industry and [Indiana] Chamber of Commerce are providing misleading and untruthful statements to employers and
their insured members about assignment of benefits.
UnitedHealthcare hopes cards bring customers
Dan Krajnovich thinks UnitedHealthcare’s new and improved swipe cards will help his company add more doctors to its network of providers, boosting its competitiveness in the marketplace.
New Indy firm will focus on insurance defense cases
Two partners at the Bingham McHale LLP law firm are taking five lawyers with them to form a firm that will concentrate on insurance defense work.
Health care interests wary of state’s cost-cutting idea for Medicaid
Indiana Medicaid officials want to take over management of all its patients’ prescription drugs because they say it could save the state as much as $40 million a year.
Docs, health insurers battle at Statehouse
Physicians and insurance companies have entered their fourth year of haggling over insurance payments, and each side is claiming
to best represent patients.