Wednesday, April 24, 2024

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Financial Services

Koller OKs 8% hikes in large-group rates

PROVIDENCE – Health insurance rates for larger groups covered by Blue Cross & Blue Shield of Rhode Island will rise an average of 8.1...

R.I. No. 1 in flu shots for elderly in 2007

PROVIDENCE – Rhode Island had the nation’s highest rate last year for influenza vaccination among adults 65 years and older, based on federal data,...
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R.I., Mass. and Conn., all among Top 10<br> in readiness for...

SANTA MONICA, Calif. – Massachusetts remains No. 1, Connecticut surges three spots to No. 7 and Rhode Island moves up one notch to No....

Cathedral teams up with R.I. Housing<br> to keep Harris House affordable

CRANSTON – Harris House Apartments, a former factory and warehouse that since 1980 has offered Section 8 housing for more than 130 seniors, was...

Leading Indicators rise 0.1% in May

NEW YORK – The U.S. Leading Economic Indicators rose in May, surprising analysts, The Conference Board reported today. The trade group’s Leading Index –...

Beacon Mutual to pare rates by 7.2%

WARWICK – The Beacon Mutual Insurance Co. today announced plans to pare workers’ compensation premiums by an average of 7.2 percent, in its third...

Mass. adopts no-pay policy on medical errors

BOSTON – Under a landmark policy, the Bay State will no longer pay for costs associated with certain “serious reportable health-care events” such as...

Wachovia to advise those seeking option ARMs

CHARLOTTE, N.C. – Wachovia Corp. (NYSE: WB) will begin calling would-be borrowers interested in certain adjustable-rate mortgages, to explain the risks of such loans,...

Simulia parent to buy Engineous for $40M

PARIS and PROVIDENCE – Simulation and product lifecycle management (PLM) software developer Dassault Systèmes has agreed to acquire Cary, N.C.-based Engineous Software Inc. for...

Textron’s revised forecast spooks investors

PROVIDENCE – Shares in Textron Inc. (NYSE: TXT) had their biggest decline in half a year yesterday, after the company pared its second-quarter earnings...
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