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News 594 Disability Insurance Company Purchased Aetna Health Insurance

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Broadspire, a south Florida-based disability and casualty claim management service, has been purchased by health insurance provider Aetna for $160 million. Broadspire handles the management of short- and long-term disability services. Aetna did not acquire the worker's compensation and casualty administration arms of Broadspire.

Aetna hopes that the addition of Broadspire will increase its sales of disability insurance products. This is the latest in a series of efforts from new CEO Ronald Williams to broaden Aetna's consumer base and reshape the company's image. Williams stated that the merger will "provide significant opportunities to cross-sell medical, disability, group life and other products within both the Aetna and Broadspire disability business' customer base."

Read more: Aetna to Acquire Disability Business of Broadspire (Business Wire via Yahoo! Finance) HARTFORD, Conn.----Feb. 27, 2006--Aetna today announced that it has entered into an agreement to acquire the disability business of Broadspire, a leading provider of disability and casualty claim management services.

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News 594 Disability Insurance Company Purchased Aetna Health Insurance


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Shots Fired At Aflac Insurance Company's Building  COLUMBUS, Ga. -- A company spokeswoman says no one was injured when shots were fired into the 10th and 11th floors of health and disability insurer Aflac's tower in Columbus.

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