InsurCard to help Franklin Mutual customers get quick insurance payments

Franklin Mutual Insurance has entered into a new partnership to offer its homeowners insurance customers a faster way to access their claims.  Read Story

MIA fraud division chief wants workers’ comp. ‘loophole’ closed

The head of the Maryland Insurance Administration fraud division is exploring a change to state law giving immunity to those testifying in workers’ compensation fraud cases before the State Workers’ Compensation Commission.  Read Story

Insurance industry slams Senate health reform bill, targets public option

Expressing its disappointment in the latest piece of health care reform legislation in Washington, D.C., three national insurance trade groups are taking the Senate to task for its Patient Protection and Affordable Care Act.  Read Story

Fraud groups fear repercussions if Arizona’s fraud unit is eliminated

Three insurance fraud organizations have joined forces to lobby to ensure that budget concerns in Arizona don’t force the end of the state’s fraud bureau.  Read Story

Foremost lowers rates for Pennsylvania policyholders

Standard and preferred customers of Foremost Insurance’s DistinctChoice Auto program in Pennsylvania can expect to see their rates lowered 10% to 15%, the company said.  Read Story

Investment firm, New Jersey broker fined for improper VUL policy sales

An investment firm in Lincoln, Neb., and one of its brokers in New Jersey were fined for inducing customers to take on addition mortgage and home equity debt so they could buy variable universal life insurance policies, according to FINRA.  Read Story

Kurtz to succeed Potts as FPA president in 2011

Martin Kurtz, a certified financial planner and president of The Planning Center in Moline, Ill., was named president-elect of the Financial Planning Association for 2010.  Read Story

Empire Blues creates market-segment management team

Empire BlueCross BlueShield has put into place a new management team, created to focus resources and expertise on specific market segments, according to its president and CEO, Mark Wagar.  Read Story

John Scott, others installed on VAHU board of directors

John T. Scott has been installed as president of the Virginia Association of Health Underwriters, the leader of a board of directors that will serve through June 2010.  Read Story

Economy forces Aetna to eliminate 1,200 jobs over next four months

Citing the economy’s impact on its customers, one of the nation’s largest health insurers is eliminating about 1,200 jobs between now and March 2010.  Read Story