Health reform efforts in Washington may be causing uncertainty in the medical and insurance industries, but UnitedHealth Group Inc. CEO Stephen Hemsley told shareholders Tuesday that the company’s adaptability will serve it well in the long run. (UNH)

U.S. Rep. Jeb Hensarling, R-Dallas, said a congressional oversight panel will conduct a hearing to discuss whether federal funds are being used appropriately in the bailout of General Motors. (GM)

A Delaware bankruptcy court judge approved J.G. Wentworth’s reorganization plan Monday two weeks after the annuity and life-insurance policy purchaser filed for Chapter 11 protection.

Cincinnati Financial Corp. said it will enter Colorado with the appointment of Moody Insurance Agency in Denver to offer the property/casualty lines of its Cincinnati Insurance Co. subsidiary. (CINF)

Aegon U.S., a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positions from its Louisville offices at Aegon Tower.

A state anti-smoking campaign has helped 33,000 smokers who use the state’s medicaid program to quit, according to the Massachusetts Department of Public Health.