Shareholders at HCI Group Inc. were asked for their say on pay for executive officers. Their answer was a resounding no.

An advisory vote on compensation at the company’s annual meeting on May 19 failed to win approval of the majority of shareholders, according to a report HCI (NYSE: HCI) filed with the U.S. Securities and Exchange Commission late Tuesday.

There were 3.6 million votes cast in favor of a motion approving executive pay, and nearly 4.4 million votes cast against the motion.

The…

Missouri's insurance regulators are asking Humana Inc. and Aenta Inc. to make changes before the state approves their pending merger.

On May 24, the state issued an order that said it had concerns about competition in the pending $37 billion deal between Humana (NYSE: HUM) and Aenta (NYSE: AET). If the deal were to move forward, both would need to stop selling individual, small-group and some Medicare Advantage plans in many Missouri counties.

Those lines of insurance “would violate the competitive…

With every challenge comes an opportunity, and many of us have understandably yet to see the opportunity in health care reform.

The Pennsylvania Insurance Department today posted preliminary rate information for 2017 Pennsylvania health insurance plans sold through the individual markets and small group markets, which include companies with 50 or fewer employees.

“As we did last year, my department is thoroughly reviewing the premiums requested by insurers for each of these health plans, to ensure that each is offering the comprehensive coverage required by the Affordable Care Act, to benefit Pennsylvania health care consumers,”…

Missouri became the first state to object to the $37 billion merger of Aetna Inc. and Humana Inc. when regulators issued an order late Tuesday finding the deal anticompetitive.

Although federal regulators have final say on the merger, Missouri can order the company to stop doing business in its state regarding these plans: comprehensive individual, comprehensive small group and group Medicare Advantage.

Aetna and Humana have 30 days to file a response that addresses the state's anticompetitive…

New York Yankees star Derek Jeter has signed his first endorsement contract since retiring from the game of baseball in 2014 — with American Family Insurance Co. of Madison.

American Family Insurance said Wednesday that 14-time All Star Yankees shortstop and future Hall of Famer has signed on as the company’s newest brand ambassador. The endorsement deal is expected to last until his enshrinement in the Baseball Hall of Fame in Cooperstown, N.Y., in 2020, the insurer’s chief marketing officer…

Citizens Property Insurance Corp.’s Board of Governors on Tuesday approved by a unanimous vote a $2.46 billion package that includes reinsurance and capital market risk transfer to protect policyholders and eliminate the risk of assessment on all Florida policyholders in the event of a catastrophic storm or series of events.

“This risk transfer package represents a well-reasoned approach to protecting Citizens policyholders and Citizens’ surplus,” said Chris Gardner, chairman of Citizens'…

Good morning, Orlando!

A new feature identifies the “living wage” in each state and Washington, D.C.

The map and list from careers website Zippia examine how much money it takes each year for a family of three to live. The data is based on the Massachusetts Institute of Technology's Living Wage Calculator.

In Florida, the magic number is $52,206. That means the state ranks 17th among the most-expensive places to live in the U.S.

At No. 1 on the list is Washington, D.C., where the living wage…

The new UM study found that after ACA implementation, cost of care reduced for young adults.