Regional news: 
Archive for February, 2010
Officials in Millville, N.J., are hoping a switch in their health care provider can save $1.6 million or more as its shifts from its private insurance plan to a state-run health care plan. Read Story
Legislation mandating insurers to cover the diagnosis and treatment of autism spectrum disorder in children ages 2 to 6 has passed the Virginia Senate and will move to the House of Delegates. Read Story
Kansas has become the fourth state this year, and the latest state over the last couple of years, to order several Tennessee-based companies to stop selling its products to residents. Read Story
Lincoln Financial Network, the marketing name for the retail sales and financial planning affiliates of Philadelphia, Pa.-based Lincoln Financial Group, opened Coastal Financial Partners Group, a new insurance and financial services agency based in California. Read Story
Regulators in three states have lifted a five-year-old prohibition on contingent commissions for some of the nation’s largest brokerages in return for greater transparency on agent and broker compensation. Read Story
A Little Falls, N.Y., firefighter faces up to four years in prison after regulators claim he fabricated an insurance claim to pay for construction at his home. Read Story
Insurance trade groups in New Jersey and New York are seeking nominations for each state’s 2010 Distinction of Professionalism awards. Read Story
New technology employed by Highmark Inc., Pennsylvania’s largest health insurance company, led it to uncover 20% more cases of fraudulent claims. Read Story
The opportunity that became available Jan. 1 for investors with more than $100,000 in annual income to convert their traditional IRA to a Roth IRA has gone largely unnoticed. Read Story
A new virtual alliance is encouraging independent agency owners to look more closely at personal lines business, where “unprecedented” opportunities exist, according to the group’s chairman. Read Story
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