Regional news: 
Archive for September, 2009
Connecticut is the first state to increase agent and broker license and license renewal fees as a way to cope with declining state tax revenues, according to a report on ... Read → Read Story
According to the Associated Press, HHS is investigating Humana for sending out a mailing that the government agency says scares seniors into believing that their Medicare benefits could be reduced ... Read → Read Story
As part of a new two-year, $37.6 billion budget, Connecticut has doubled the majority of its fees levied by the department of insurance, a move other states might emulate given widespread deficits in their coffers. Read Story
Symetra Life Insurance Co. and its New York subsidiary had their ratings from A.M. Best Co. affirmed because of their growth in a difficult economy. Read Story
A New Jersey man who while working for a Jenkintown, Pa., agency incorrectly represented that he was appointed with a carrier has surrendered his Pennsylvania insurance agent’s license. Read Story
Virginia regulators have approved the distribution of assets from Richmond, Va.-based Interstate Mutual Fire Insurance Co. Read Story
A total of 14 major health insurance companies and their industry association spent 25% more this year to lobby on health care measures before Congress than they did last year, according to a Public Campaign Action Fund analysis. Read Story
A former senior vice president with reinsurer General Re will spend two years on probation and pay a $10,000 fine after pleading guilty to manipulating American International Group’s financial statements. Read Story
Property-casualty insurer Privilege Underwriters Management announced that it recently received licenses to operate in four new jurisdictions, including Maryland and the District of Columbia. Read Story
Following a year-long investigation, a former North Carolina pastor was charged with three counts of embezzlement for selling $45,000 in fake annuities to three people. Read Story
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