Regional news: Archive for January, 2010
Philadelphia Insurance Cos. recently presented the American Red Cross with a $50,000 donation to aid victims of the recent earthquake in Haiti. Read Story
A New Jersey Superior Court has approved a $5.15 million distribution plan to investors defrauded by Newark, N.J., native Robert Brennan and his firm in a case dating back nearly 15 years. Read Story
American General Life Cos. unveiled a new long-term care product designed to let policyholders “stay at home longer,” according to the company. Read Story
Officials in three Florida counties are searching for a 21-year-old man who falsely claimed to work for GEICO, selling fictitious insurance documents. Read Story
A joint investigation by the fraud division of the Maryland Insurance Administration, Maryland State Police and the state attorney general’s office has led to grand jury indictments against a Poolesville, Md. couple. Read Story
House Republican Leader John Boehner says he strongly supports the “growing rebellion” in state legislatures across the nation to rebuke proposed health mandates on individual and employer coverage. Read Story
If life insurance companies take the “back-to-basics” approach to survive, then they may suffer this year, according to an industry analyst. Read Story
Despite the lingering effects of the financial crisis and other challenges, the property-casualty industry has remained focused on its core business, said CEOs of a handful of property-casualty insurers. Read Story
Newspapers across the nation report that “panicky” Democrats (including President Obama) are considering swallowing hard, avoiding compromise, and agreeing to pass the Senate version of health care reform in order ... Read → Read Story
New Jersey Governor-Elect Chris Christie has selected Tom Considine, a 17-year employee of MetLife, to become the state’s next commissioner of banking and insurance. Read Story
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