Goldman Sachs: Insurance Stocks Would Drop 36% By 2019 With House Public Option

By: Jane Hamsher Friday November 13, 2009 7:36 am

Goldman says the “bear case” scenario — in which earnings per share for the top five insurers would decline an estimated one percent from 2010 through 2019 and the variance with current valuation is projected to be negative 36 percent. If nothing is done, they estimate stock prices will increase 47%.

I Wonder What Bart Stupak’s Donors Think About Financing Anti-Abortion Activists?

By: Jane Hamsher Saturday November 7, 2009 10:54 am

If anyone happens to give them a call or mention it to them and gets a response, be sure to let me know.

Insurance Executives Admit Denial of Claims Can Be Fatal

By: Jon Walker Tuesday September 22, 2009 7:45 pm

During a hearing Rep. Dennis Kucinich got a simple but powerful admission from top executives at the largest insurance companies in the country. Kucinich asked, “Do you believe that a health insurers refusal to pay for a patient’s cancer treatment can directly or indirectly cause harm or death to that patient?” In turn each of [...]

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