There is a disconnect between what brokers are providing clients and what clients are looking for from their broker, according to Zywave.
Hunt Valley, Md.-based PSA Insurance & Financial Services, Inc. and national retirement program consulting firm The PFE Group, a United Capital Financial Partners Company based in Southborough, Mass., announced a strategic partnership to unite the companies’ fiduciary consulting practices.
The man who masterminded an $800 million insurance scam that fleeced tens of thousands of investors in one of Florida’s all-time largest fraud schemes was sentenced Friday to 20 years ... Read →
When Congress passed the Affordable Care Act, it required health insurers, hospitals, device makers and pharmaceutical companies to share in the cost because they would get a windfall of new, paying customers. But with an $8 billion tax on insurers due Sept. 30 – the first time the new tax is being collected – the industry is getting help from an unlikely source: taxpayers.
The U.S. Department of Health and Human Services (HHS) has approved a Pennsylvania plan to expand access to private health coverage rather than expanding Medicaid.
Pennsylvania is following in the footsteps ... Read →
The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday.
The Financial Stability Oversight ... Read →
Robert Benmosche, who stepped down last weekend after five years as American International Group Inc.’s chief executive officer, said he learned in May that he had nine months to a ... Read →
The National Association of Insurance Commissioners (NAIC) concluded its Summer National Meeting last week, with ridesharing receiving significant attention during the meeting.
The rapid growth of ridesharing companies or transportation network ... Read →
A Texas car dealer has pleaded guilty to federal wire fraud charges for deliberately wrecking his rare, $1 million Bugatti automobile in order to collect more than $2 million in insurance money.
U.S. employers expect a 4% increase in 2015 health care costs for active employees after plan design changes, according to global professional services company Towers Watson.
Nevada’s health insurance exchange faces yet another big lawsuit.
Six brokers filed a lawsuit in Clark County District Court, seeking class-action status for their claim that the Silver State Health Insurance ... Read →
View more National Headlines »
Acting Attorney General John J. Hoffman and the Office of the Insurance Fraud Prosecutor announced that a Morris County, N.J., man was indicted for misappropriating more than $300,000 in client ... Read → Read »
A Hazleton, Pa., insurance agency and financial services firm entered a plea agreement with federal officials on charges that he bilked clients of his Hazle Township investment firm of more ... Read → Read »