Regional news:
Democrats ditch health premium assistance to states in reform bill
Once lauded as a way for the federal government to aid states in conducting reviews of “unreasonable” rate increases on health insurance, a plan pitched by the Obama Administration is not in a health reform bill set for a vote March 21. Read Story
Health insurers’ group critical of reform bill’s cost cutting measures
While Democrats and Republicans gear up for a showdown on health care reform legislation, a national association representing insurers says the proposed solution raises prices and stalls necessary treatment. Read Story
NFIP floating in political limbo as House, Senate measures vary
While the U.S. House and Senate agree that the National Flood Insurance Program should be extended, how to achieve that goal and for how long seem to be areas of disagreement in Washington, D.C. Read Story
Convenience fuels online employee benefits enrollment growth
About 40% of employees in a recent study indicate that they enrolled in their benefits through Web-based technology only, an increase from the 12% who used online enrollment five years ago. Read Story
Pelosi warns of insurers ‘poisoning the well’ as reform vote nears
Florida’s Citizens to offer $2 billion in bonds to brace for hurricanes
Virginia AG opposes ‘deem and pass,’ will sue to block health mandates
Governor signs anti-mandate Idaho Health Freedom Act into law
Financial planner group want tougher standards from Congress
Highmark sues Pennsylvania regulators over ‘unlawful’ Blues’ review
Marsh acquires Virginia-based Rutherfoord to expand national presence
Life, property-casualty insurers hit highs, lows in last year
Arkansas regulator suspends two N.Y.-based insurers over surpluses
Starr Indemnity, Chubb enter into workers’ compensation partnership
Life, property-casualty insurers hit highs, lows in last year
MetLife to pay $1.5 billion in dividends though life insurance unit
Workers want guaranteed lifetime income in retirement, study finds
Report: AIG holding $21 million in bonuses for Financial Products unit
Numerous defendants, including a chiropractor and an attorney, are accused of defrauding more than 19 insurers out of $549,000 through a staged auto accident ring in California dubbed “Operation Big Fish” by prosecutors. Read →
By dispelling three typical myths among small business owners, financial service professionals can expand their business to this segment. Read →
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