It has been proved by the court records that Fortis, now Assurant Health, has a repeated practice of "targeting policyholders with HIV". This, according to the records, was done with a computer program that pointed out every insurer detected with HIV.

In accordance to the Reuters news agency the insurance giant formerly known as Fortis possessed a standard procedure of targeting its policyholders with HIV, based on newly released court records.

The company, now known as Assurant followed a policy of committing fraud investigation on policyholders who were diagnosed with HIV using a computer algorithm.

WellPoint Inc. has decided to assist people by providing health insurance, for which it was going to invest a ransom of $30 million over the span of three years, but could not invest the stated amount. It could only give $6.2 million.

Some recently released figures have been highly disappointing and very worrying as well. It has been revealed that a whopping 46 Million Americans are today living without any insurance, and over 9 Million of them are children. What would they do then in case they require urgent and expensive medical treatments? Nothing, I guess. They would most definitely not be able to afford it!

A new report reveals that last year, one out of four Californians had no health insurance coverage.

According to the investigators from UCLA's Center for Health Policy Research, the number of uninsured people in the province rose to around 8.2 million in 2009, as compared to 6.2 million in 2007. Around 24.3% people aged 65 had no health insurance.

Recently, health insurance companies have become an attractive target with supporters of reform focusing on insurers imposing sharp rate increases for individual insurance.

A $15.5 billion deal has been planned by MetLife Inc. for the acquisition of American International Group Inc.'s second best life-insurance business, as per the announcement that was made on Monday. Following delays due to tax concerns, this deal was finally tailored. AIG is selling this business in order to collect funds as it has to pay back a bailout to U. S. Government.

With the health care bill still in process, private insurance companies in the U.S have increased health premiums.

Kathleen Sebelius, Health and Human Services Secretary, said, "15,000 people a day lose their insurance, and some of those folks are being actually priced out of the marketplace".

On Thursday, the Obama Administration called top health insurance companies, to throw light on the skyrocketing health rate premiums.

Health Secretary, Kathleen Sebelius, after a meeting with many top notch health insurance executives, asked the health insurers to post information about growing rates online, accompanying relevant financial data to support them.

About $778 million have been planned to be extracted from the Insurance Corp. of B. C. over the next three years for general revenue by the B. C. Government. Insurance companies have to keep enough money on hand so that they are able to deal with unforeseen events such as major losses from investments.