Regional news: Archive for March, 2010
A San Diego, Calif.-based broker-dealer will pay $1.95 million to settle allegations by the U.S. Securities and Exchange Commission that it failed to reasonably supervise a former employee charged with fraud. Read Story
A Dallas-based general agency has “established ourselves as a dominant player” in North Jersey with its acquisition of NAS Financial Services, a general agency based in Morristown, N.J., according to its president and CEO. Read Story
The Pennsylvania Association of Health Underwriters sent to its members March 15 a draft memo that it hopes its health insurance brokers will send to their clients who are business owners, seeking help in opposing federal health care reform. Read Story
MetLife has announced it has approved a $1.5 billion payment in policy dividends to eligible life insurance policyholders through its Metropolitan Life Insurance Co. Read Story
The Virginia State Corporation Commission Bureau of Insurance has announced that insurance companies and producers can now print licenses online. Read Story
The Maryland Department of Health and Mental Hygiene has awarded a contract with a New York company to provide third-party liability and cost containment services. Read Story
The full New Jersey Senate will now consider the appointments of three of Gov. Chris Christie’s selections for state office, including the department of banking and insurance, after approval by a Senate panel March 15. Read Story
With the U.S. House Budget Committee forwarding a reconciliation health care reform bill to the entire congressional chamber, one Obama Administration official says a final up-or-down vote is “only days away.” Read Story
UnitedHealthcare and Continuum Health Partners have reached a multi-year agreement to keep the health system’s four hospitals within the insurer’s network. Read Story
Nearly half of all workers want a guaranteed income for life in whatever retirement plan they choose, a new study finds. Read Story
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