BestWeek: View Video Interview With Cigna President of National Segment on Health Reform and Wellness - Insurance News | InsuranceNewsNet

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May 28, 2010 Newswires
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BestWeek: View Video Interview With Cigna President of National Segment on Health Reform and Wellness

Copyright:  A.M. Best Company, Inc.
Source:  BestWire Services
Wordcount:  unknown

The fate of employer-provided health insurance is up in the air, but wellness and disease-management programs remain the key to holding down employers' benefits costs, Dave Guilmette, president of the national segment for Cigna Corp., says in exclusive video interview with BestWeek U.S./Canada. "It's safe to say that the industry...would say very consistently, and I think quite loudly, that these kinds of programs add a lot of value and are very helpful in keeping costs in check," said Guilmette.

Also, Vasilis Katsipis, general manager of analytics at A.M. Best Co. in London, discusses the impact of Solvency II on insurers relative to their size in an audio interview in BestWeek Europe.

In addition, rates, terms and conditions for most directors and officers liability insurance continue to soften as new carriers bring new capacity to the market, Karen Kutger, vice president of Professional Risk Solutions, a Somerset, N.J.-based wholesale broker, told BestWeek U.S./Canada. New coverage is coming into the market every day," Kutger said. "Outside of the financial institutions world, the market is getting softer and there's no real signs that the market is going to turn hard any time soon." Some companies are entering the market to diversify their books of business. The D&O market is attractive because for the most part, it's a profitable line, she said.

The May 31 editions of BestWeek U.S./Canada and BestWeek Europe are available at http://www.bestweek.com.

BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, visit http://www.ambest.com/sales/BestWeek.

Founded in 1899, A.M. Best Co. is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.

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