Virginia joins chorus warning about unlicensed home protection plans

Virginia’s Bureau of Insurance is warning consumers to avoid a New York-based seller of home warranty products that has been the subject of orders and lawsuits by other state officials.

The ...  Read →  Read Story

UnitedHealth Group’s shareholder suit settled

A shareholder suit against UnitedHealth Group over its apparent manipulation of stock options in 2006 has been settled.

U.S. District Court Judge James Rosenbaum granted the shareholders, who filed the suit ...  Read →  Read Story

Walgreens, Delaware looking for right prescription on reimbursements

Just before it was set to stop participating in the state’s Medicaid program, Walgreens announced it would restart negotiations with Delaware officials over reimbursement rates for prescriptions.

In June, Deerfield-Ill.-based Walgreens ...  Read →  Read Story

U.S. continues push for fairness in Japanese insurance market

A key U.S. trade representative has told Japanese officials about his concerns over unfair treatment U.S. insurers complain will occur if a proposal from Japan Post Insurance is approved in ...  Read →  Read Story

New Jersey’s insurance fraud prosecutor leaving for judgeship

The head of the New Jersey Office of Insurance Fraud Prosecutor has left to become a Superior Court judge.

Greta Gooden Brown

Greta Gooden Brown, who was sworn in as the ...  Read →  Read Story

AIG seeks government’s approval for millions more in bonuses

Trying to avoid the public backlash it received during the last round of executive bonuses, American International Group is seeking the government’s approval for a new round of payouts.

The troubled ...  Read →  Read Story

Agents finding strength in numbers through network agreements

In 1997, Jon Pappas was working for an independent agency in Washington, D.C., when he was contacted by the Strategic Independent Agents Alliance with an opportunity to bring its network ...  Read →  Read Story

AmWINS executive says health carrier monopoly must be ended for true reform

The president of a national group benefits company says Congress and President Barack Obama are missing key opportunities to fix the nation’s health care system, including breaking up the “monopoly” ...  Read →  Read Story

‘Mr. Big’ called on to bring awareness to life insurance

Chris Noth, who starred as “Mr. Big” on “Sex and the City,” will serve as national spokesman for Life Insurance Awareness Month in September.

The industry-wide campaign, sponsored by the nonprofit ...  Read →  Read Story

Virginia moves workers’ compensation claims online

The Virginia Workers’ Compensation Commission has moved claims filing online in a move the head of the agency will produce “large cost savings” to insurers.

The WebFile system debuted in May, ...  Read →  Read Story