When QuoteWizard started 10 years ago, it was incubated inside an education marketing firm, housed in a little corner of an...
Insurance finder QuoteWizard approaches $100M in revenue, opens new Denver office
Tag Archives: insurance
Insurance software company Vertafore acquired for $2.7B by Bain Capital and Vista Equity
Bothell, Wash.-based Vertafore is set to be acquired by Bain Capital and Vista Equity Partners Management, the buyers announced today.
While terms of the deal weren’t disclosed, sources told Reuters that the company is being sold for $ 2.7 billion. Bain and Vista Equity are buying Vertafore from TPG Capital, which...
Feds sanction health insurance company for erroneously denying coverage
(credit: Chris Potter/Flickr)
Cigna Corp. announced Friday that it is temporarily banned from enrolling new customers in its Medicare Advantage and standalone prescription-drug plans following an October audit from the US Centers for Medicare and Medicaid Services (CMS).
In a letter dated January 21, the CMS reported that “widespread and systemic failures” at the insurer resulted in...