Regional news: Archive for October, 2009
The chairman of the Pennsylvania House Insurance Committee has asked the Pennsylvania Insurance Department to investigate health insurance industry lobbying, especially the TV advertisements of America’s Health Insurance Plans, on national health care reform. Read Story
As New York works to finalize its own broker compensation disclosure rules, at least three mid-Atlantic states are also investigating the matter. Read Story
A Freehold, N.J., man who operated a pair of medical billing firms was sentenced to federal prison for defrauding insurance companies by lying about services rendered to patients. Read Story
United Concordia Dental, one of the nation's largest dental insurers, is providing a $7,500 grant to a Maryland-based organization to allow uninsured people to obtain dental care in Maryland and Pennsylvania. Read Story
The possible end of bans on contingent commissions and New York’s proposal of new rules on broker compensation could lead to national and state regulatory changes affecting insurance sales. Read Story
High net-worth clients aren’t getting the attention they deserve or the information about products and services available to them – at least in their minds. Read Story
Elephant Insurance, a direct-to-consumer provider of auto insurance, has opened its first U.S. office in Glen Allen, Va. Read Story
The chairman of New York-based brokerage firm FTC Capital Markets faces multiple charges stemming from an alleged $22 million scheme, including making unauthorized purchases of high-risk securities. Read Story
New York insurance regulators have updated a few of the provisions of their proposed broker compensation regulations, according to a state trade association, which says the changes will ease the ... Read → Read Story
Congress is in a state of confusion when it comes to what role states should play in insurance regulation. On one hand, Congress wants states to make a key decision ... Read → Read Story
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