Regional news: Archive for November, 2009
Facing hundreds of civil suits over hurricane-related damage, a Texas property-casualty insurer is seeking immunity from penalties in court. Read Story
New York-based Tower Group has announced the completion of a deal to acquire Specialty Underwriters Alliance (SUA) for $107 million. Read Story
As CEO, Bills Jews took a struggling CareFirst BlueCr0ss BlueShield of Maryland and in 13 years turned it around into an efficient — and the state’s largest – health insurance company.
And when he ... Read → Read Story
Companies that look at benefit enrollments as a “one and done” process are missing a golden opportunity, according to a new white paper. Read Story
A physician living in Pennsylvania was indicted on multiple charges, including insurance fraud, for her work while practicing in Ohio. Read Story
The Virginia College Savings Plan (VCSP) is partnering with BB&T Corporation to expand CollegeWealth, a higher education savings account combining the tax advantages of Internal Revenue Code Section 529 programs with the security of an FDIC deposit account. Read Story
Ten months after State Farm Florida, the state’s largest property-casualty insurer, announced it was leaving the homeowners’ market, the insurer may have a change of heart. Read Story
Claiming his client “earned every penny of his compensation and retirement payments,” the attorney for former CareFirst CEO William Jews is applauding a Baltimore County judge’s decision to award the former executive his full $18 million severance package. Read Story
Financial service professionals typically receive more than 100 communications from the firms they work with, according to new survey. Read Story
Two California life insurance agents received probation and must pay thousands of dollars in restitution after filing faulty applications in order to receive commissions. Read Story
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