Regional news:
Complete coverage: Health Reform NFIP COBRA
New York, feds probing life insurers’ handling of military policies
New York Attorney General Andrew Cuomo and the U.S. Department of Veterans Affairs have begun to investigate life insurance companies’ profits from retained death benefits. The New York State Insurance Department also is exploring insurers’ practices. Read Story
The National Association of Insurance Commissioners is “re-reviewing” disclosure requirements regarding retained asset accounts (RAAs), said Jane L. Cline, the association's president. Read Story
CVS Caremark has been awarded a 12-year contract to provide pharmacy benefits to the 9.7 million lives covered by Aetna. Read Story
Illinois insurance regulators revoked the licenses of a Lake Bluff, Ill., insurance agency and three insurance agents for improperly marketing and selling life insurance policies to members of the military. Read Story
N.M. Supreme Court rules against Blue Cross on 21% rate hike hearing
Absent big storm, ‘soft’ property-casualty market to continue
Even with reform’s savings, Md. health care system ‘unsustainable’
GAO to probe state regulators’ alleged abuses of risk retention groups
Filed in: Midwest, National, Property-Casualty Insurance News, Southern, Western
Term insurance issues an ‘unintended’ consequence of mortgage refis
Founder of N.J. insurance agency pleads guilty in District fraud case
Filed in: Maryland, Mid-Atlantic, National, New Jersey, On the Record, Property-Casualty Insurance News, Virginia
SEC fund-fee proposal may hit smaller investors
Insurers sidestep ratings agencies on expected CMBS losses
After 45 years of success, Medicare needs support
SEC’s Schapiro: Investors will have more power in 2011
Florida’s Citizens Property Insurance board approves rate hike
A West Tampa, Fla., medical clinic was raided and shut down, and four people were charged with racketeering offenses, as Florida officials continue to combat staged auto accidents and bogus medical clinics. Read →
Market chaos and churn necessitates that business owners must refresh their growth strategy. Read →
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