Deadline passes on Genworth’s chance for federal funding

If and when the U.S. Treasury Department decides to help life insurers through its Troubled Asset Relief Program, it won’t be assisting Genworth Financial.

The Richmond, Va.-based insurer was informed by ...  Read →  Read Story

To help companies that are reducing or eliminating benefits for their retired workers, Renaissance Life & Health Insurance Company of America introduced Renaissance Dental Extend for Retirees.

The plan, available nationwide, ...  Read →  Read Story

PURE enters New Jersey homeowners’ market

Privilege Underwriters Reciprocal Exchange (PURE) has begun offering property-casualty insurance coverage in New Jersey, focusing on high-value homes.

Ross Buchmueller

The White Plains, N.Y.-based company is awaiting New Jersey regulatory approval ...  Read →  Read Story

Iroquois Group’s CEO recognized as Woman of Excellence in New York

The Iroquois Group’s president and CEO, Laurie Branch, recently received the New York State Women of Excellence Award from New York Gov. David A. Paterson and First Lady Michelle Paige ...  Read →  Read Story

Insurer holding line of employee-benefit rate hikes through January 2010

The Principal Financial Group, seeking to help small business owners who face increasing financial pressure, is holding its rates on several employee benefits for customers with 50 or fewer employees.

Small ...  Read →  Read Story

Private health coverage to suffer if public plan created, analysts say

If health reform includes a public health insurance plan whose payments mirrored Medicare payment levels, premiums for comparable private insurance would cost 30% more and siphon off about 32 million ...  Read →  Read Story

Health insurer in Virginia cuts deal on HRA administration

Optima Health has formed a partnership with Choice Care Card to administer the Health Reimbursement Arrangement (HRA) component of its new Optima Design plans.

The Virginia Beach, Va., insurer expects to ...  Read →  Read Story

Maryland Insurance Administration changes location

A change in location for the Maryland Insurance Administration will mean a change of address for insurance providers and producers to avoid improperly filing key documents.

Effective May 4, the entire ...  Read →  Read Story

NAIFA-PA plans annual convention for May 11-12 in Gettysburg

The Pennsylvania chapter of the National Association of Insurance and Financial Advisors plans to “rally the troops” at its annual convention May 11-12 at the Wyndham Gettysburg in Gettysburg, Pa.

Joel ...  Read →  Read Story

Former Los Angeles police officer gets jail for insurance fraud

A 14-year veteran of the Los Angeles Police Department pleaded guilty to insurance fraud, resulting in a sentence of one year in jail.

Anthony Razo, 49, made his plea in court ...  Read →  Read Story