Insurance industry emotions mixed about Senate financial reform plan

Senate Democrats have unveiled a comprehensive financial reform bill, calling for “responsibility and accountability” in the financial sector through several provisions, including those affecting the insurance industry.  Read Story

Report: AIG’s Benmosche considering resignation from insurer

Three months to the day after he became American International Group’s CEO, Robert H. Benmosche may step down from that post amid frustrations about the insurer’s government oversight, according to a report.  Read Story

Virginia firm forms new group health, employee benefits company

Affinity Group Underwriters launched a new affiliated company to offer group health, employee benefits and human resources services.  Read Story

Eastern Life and Health unveils new web portal for brokers, employers

Eastern Life and Health Insurance Co. is expanding its online capabilities with the introduction of “e-bility,” its new group benefits web portal.  Read Story

Louisiana agent fined, license suspended over fake proofs of insurance

A 36-year Louisiana insurance agent was issued a six-month summary suspension of his licenses and ordered to pay a $16,500 fine for allegedly providing fraudulent proofs of insurance.  Read Story

Md. senator seeks health care reform to advance without abortion rules

Abortion prohibitions do not belong in a health care reform bill because they are two separate issues, said Maryland Democratic Sen. Ben Cardin at a news conference in the Capitol Nov. 10.  Read Story

FINRA bars representative over non-business email communications

A registered representative from Hamilton Square, N.J., was barred from associating with any FINRA members for making improper private securities transactions.   Read Story

Connecticut woman faces charges in alleged art insurance fraud scheme

A Greenwich, Conn., woman faces a pair of felony criminal charges after being accused of trying to trick her stepfather into cooperating with a scheme to cheat an insurer of up to $60,000.   Read Story

The Main Street America Group introduced its new Main Line business owners policy property and liability insurance product and the Main Street Station for Commercial Lines quoting and policy issuance system for independent agents in five states.  Read Story

Highmark looks to cut its health care costs with new worksite centers

Highmark Inc., the largest health insurer in Pennsylvania, is looking toward its workers to reduce its own health care costs and better engage them in its own health care decisions.  Read Story