Obama creates White House office for health reform

President Barack Obama has upped the ante on serious health care reform with the creation of an executive office for health care reform.

Barack Obama

On Wednesday (April 8), Obama ...  Read →  Read Story

Recession’s bite means commercial lines face ‘turbulent’ year, report predicts

The severity of the recession is going to hurt both the top and bottom lines of commercial insurers, meaning a ‘turbulent’ year, according to new research.

Commercial insurance is bucking the ...  Read →  Read Story

Keystone Insurers Group spreads wings into Indiana

Keystone Insurers Group, with franchise locations in five states, including Pennsylvania and Virginia, has added a new location in Evansville, Ind.

Schultheis Insurance, an independent insurance agency, is now a partner ...  Read →  Read Story

Former General Re chief financial officer sentenced in AIG case

The former chief financial officer of General Re was sentenced to 18 months in prison for her role in a fraudulent scheme to manipulate American International Group‘s financial statements.

Elizabeth A. ...  Read →  Read Story

NAIFA-Central Va. schedules annual charity golf event for May 20

The Central Virginia chapter of the National Association of Insurance and Financial Advisors has scheduled its annual charity golf tournament for Wednesday, May 20, at Greene Hills Club in Standardsville, ...  Read →  Read Story

Tyler proposes greater transparency in P-C policy payments

In response to complaints about producers steering clients into premium finance arrangements, Maryland Insurance Commissioner Ralph S. Tyler wants to force agents to provide full disclosure of all options to ...  Read →  Read Story

IIABNJ plans annual charity golf classic for May 5

The Independent Insurance Agents & Brokers of New Jersey is planning its 15th Annual Trusted Choice Charity Golf Classic to benefit the Make-A-Wish Foundation of New Jersey May 5 at ...  Read →  Read Story

Life insurers may get coverage from TARP

The U.S. government appears ready to offer Troubled Asset Relief Program funding to several major life insurers who have aligned with banks to seek federal bailout funds.

The companies, including Prudential ...  Read →  Read Story

Increased awareness, more allegations stoke 47% increase in Virginia insurance fraud arrests

Whether it is the impact of the economy or increased awareness of the issue, insurance fraud arrests and convictions both rose in 2008, according to the Virginia State Police’s Insurance ...  Read →  Read Story

In haste to save, homeowners may falter by lowering policy limits

As people seek additional ways to cut costs, more homeowners are likely to consider lowering their policy limits.

Travelers is encouraging consumers to think twice about this approach.

“As property values continue ...  Read →  Read Story