Nov. 30– OAK RIDGE– An insurance company headquartered in Oak Ridge has been ordered to pay a reinsurance firm more than $41 million. District judge in New York granted the request for a summary judgment against Appalachian Underwriters Inc. and its affiliate, Insurance Services Group Inc. The judgment was awarded to Greenlight Reinsurance Ltd., a company…
Sam Brownback will be challenged in the upcoming session with new realities of the privatized Medicaid program ranging from an unanticipated $116 million cost spike to difficulty integrating more than 50,000 high-risk participants into a “health home” network. The state is obligated to meet the $40 million surge in Medicaid costs in the fiscal year closing…
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