AXA Equitable Life Insurance Co. launched its new variable annuity with a dual-account investment platform, Retirement Cornerstone, in response to “vulnerable individuals’ investment portfolios,” the company said.  Read Story

Report: Pallone received the most in campaign cash from health insurers

Rep. Frank Pallone (D-N.J.) is the top House recipient from the health care industry in the 2010 election cycle, according to an analysis conducted by the Center for Responsive Politics and compiled by the Asbury Park Press newspaper.  Read Story

Trade group tells N.Y. regulators to end broker disclosure rules plan

An insurance industry trade group has renewed its call to New York regulators to halt plans to implement new broker compensation disclosure rules.  Read Story

Maryland, D.C. health costs rising faster than nation’s

Health benefit costs rose at a greater rate in Maryland and Washington, D.C., than in the nation in 2009, new research indicates.  Read Story

Search warrant nets fraud charge, pot bust for California couple

A California husband and wife were arrested recently during an auto insurance fraud bust at two of their residences that also turned up 131 pounds of suspected marijuana.  Read Story

Washington state, Oklahoma take action against health provider

Insurance regulators in both Oklahoma and Washington state have issued sanctions against companies they say are illegally selling health coverage in their states.  Read Story

Calif. property insurance surcharge a fee, not a tax, governor says

California Gov. Arnold Schwarzenegger is insisting that a new surcharge on all residential and commercial property insurance is a fee – not a tax.  Read Story

Del. changes defensive driving program, offers discounts for classes

Delaware regulators have changed rules regarding defensive driving programs, strengthening oversight for providers and offering discounts to drivers.  Read Story

Just when you thought that federal bailout funds meant that only those firms that accepted TARP funds would be subject to fiscal confiscation, think again.

Large insurers that own banks and ...  Read →  Read Story

Virginia Premier Health Plan synchs up with web portal provider

Virginia Premier Health Plan, a Medicaid managed care organization owned by UHS Managed Care, is now using a web-based tool to access patient information.  Read Story