Regional news: 
Archive for October, 2009
Congressional leaders appear to have struck on a way to ensure passage of health care reform and the pacification of those in favor and opposed to a government-run health plan: Let states opt out. Read Story
The Independent Insurance Agents & Brokers of New Jersey recently recognized Don Bryan with its Henry A. Franz Insurance Person of the Year Award. Read Story
The Pennsylvania House of Representatives passed a bill Oct. 6 that would require financial requirements and limitations on mental health benefits be no more restrictive than those placed on other health benefits. Read Story
A U.S. insurance company will buy ING Reinsurance U.S., the former ReliaStar unit that that is now part of the Dutch financial service firm ING Group NV’s North American reinsurance operations. Read Story
Wachovia Securities has finalized a deal with regulators in the District of Columbia on the repurchase of auction-rate securities to settle allegations the firm’s dealers misled investors about the safety of the market. Read Story
Health insurance costs for small businesses are driven up in part by high broker fees and health plan administrative costs, according to a new government report. Read Story
RiskProNet International, a network of independent insurance brokers in North America, has added a new firm to its ranks. Read Story
A former insurance agent extradited from Maryland this summer to face charges in California will spend 180 days in jail for stealing from elderly clients. Read Story
A physical therapist from Sterling Heights, Mich., admitted in court to creating fictitious therapy files for Medicare recipients in order to receive $2.9 million from fraudulent claims. Read Story
A New Jersey man got an unexpected surprise on his birthday: an arrest for allegedly filing fraudulent claims with an insurance company and pocketing the proceeds. Read Story
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