Insurance M&A values down overall, while property-casualty sector gained

Overall insurance industry mergers in the U.S. showed a significant decline in reported value last year, despite growth in value of property-casualty transactions.

The overall value of insurance industry of transactions ...  Read →  Read Story

NAIC aids military in researching, recovering life insurance compensation

A new online tool from the National Association of Insurance Commissioners is helping more than 14,000 members of the U.S. military learn more about a multi-state regulatory settlement that may ...  Read →  Read Story

Faced with a projected 31% increase in its insurance rates starting in July, the Heidelberg Township in Pennsylvania is looking at other options.

Township manager Candie Johnson told the township’s Board ...  Read →  Read Story

Don’t believe me? Read this Huffington Post blog article and see it for yourself.

Ratings withdrawn on Penn Treaty subsidiary

A.M. Best has complied with a request from company management of American Independent Network Insurance Co. of New York to be removed from its ratings process.

The ratings service has assigned ...  Read →  Read Story

Congressional Democrats are making no bones about it: President Obama‘s health care legislation will pass, and any Republicans standing in the way will find themselves unable to do much other ...  Read →  Read Story

Survey: Guaranteed income for life remains top goal

Securing guaranteed income for life remains an important concern for a majority of people, although paying bills is now their top concern.

Consumers are now less focused on keeping inflation, taxes ...  Read →  Read Story

Horizon reaches $1.2 million settlement over eating disorder coverage

One of New Jersey’s largest health insurers will pay $1.2 million to nearly 500 patients to settle a lawsuit over coverage for eating disorders.

A federal judge approved a class-action settlement ...  Read →  Read Story

Producer groups unite in opposition to speedy health reform

Five national insurance agent organizations have joined to urge Congress not to rush health care reform by including it in pending budget discussions.

The Independent Insurance Agents & Brokers of America, ...  Read →  Read Story

Allstate seeking agents for Maryland, Virginia expansion

Allstate, one of the nation’s largest personal lines insurers, is looking for a few entrepreneurs to open their own insurance agency despite the current economy.

The insurer announced that it is ...  Read →  Read Story