Several insurancecompanies disclosed new products and coverage enhancements in recent days.
L&H
AmericanNational Life Insurance Co. of New York in New York the SignaturePlus Indexed Universal Life Insurance, which provides death benefit protection.The product allows consumers to place their premium in four indexed creditingstrategies or a fixed account. It also offers an interest rate enhancement ofup to 1% beginning in the 11th year. American National Life Insurance Co. ofNew York is part of AmericanNational Insurance Co.
Agreements that life sciences company Sequenom Inc.signed withAnthem Inc.Blue Cross & Blue Shield ofGeorgia Inc., Anthem Blue Cross and Blue Shield Health Plans forIndiana, Kentucky, Missouri, Ohio and Wisconsin and Anthem Blue Cross and BlueShield in Virginia provide in-network coverage for Sequenom Laboratoriesnoninvasive prenatal tests for both high and average-risk pregnancies toAnthem's members.
Under a collaborative care relationship, will pay Rush Health forits medical and care coordination services, including the help that RushHealth's registered nurse care coordinators will provide to individuals withchronic conditions or other health challenges navigate the health care system.
Cigna will provide two years of customer claims related tosubstance use so that the American Society of Addiction Medicine can analyzethem. Information gleaned from the claims will be used to validate ASAMperformance measures related to medication prescribing for alcohol and opioiduse disorders and treatment after withdrawal management.
BeazleyPlc added privacy breach response services to policies it offersto small health care providers. The policy form for its small businessmiscellaneous medical policy now has professional liability, general liability,product liability, employee benefits liability, privacy liability and breachresponse services. Each coverage has a separate limit.
Hennepin County Medical Center and will under a value-based careagreement for the insurer's Medicare Advantage members in Twin Cities — Minneapolisand St. Paul. The members will have access to the insurer's population healthcapabilities, including predictive analytics, chronic disease management andwellness programs and Hennepin County Medical Center's integrated deliverysystem and patient-centered medical home initiatives.
P&C
AvivaPlc unit Aviva Canada filed for regulatory approval of its ridesharingcoverage in Alberta. The coverage is an addition to an Aviva-insured personalauto policy and is intended for drivers who spend up to 20 hours a weekparticipating in ridesharing.
Liberty MutualInsurance Co. is considering unbundlingits insurance and claims services, IFAwebnews.com reported.
CNA FinancialCorp. madechanges to its umbrella and excess policy forms to include commercialumbrella and excess form and follow form excess policy.
Willis TowersWatson Plc introduced Risk Protect, an insurance policy thatprovides oil and gas companies with coverage for employer's liability, publicand products liability, property damage and business interruption insurance.Chubb Ltd. underwritesthe insurance policy.
Hartford SteamBoiler Inspection & Insurance Co. is its identity theft insuranceand services to employees of small to mid-sized businesses as a stand-alonepolicy for employers.
XL Catlin's insurance operation in Iberia its prospectusliability solution, which provides coverage for the risks that companies makingpublic offerings of securities in stock or bond markets face. XL Catlin is theglobal brand used by XL GroupPlc.
JLT Re commenced mortgage insurance business in North America.The new operation, called JLT Re Global Mortgage Solutions, will offerinsurance and reinsurance structures to government-sponsored entities, domesticmortgage insurers, mortgage lenders and house builders. JLT Re is part ofJardine Lloyd Thompson GroupPlc.