Archive for April, 2010
AmWINS Insurance Group and Colemont Insurance Brokers are merging, creating a specialty insurance distributor that will place more than $4.8 billon in annual premium. Read Story
John Hancock Life Insurance has launched LifeCare, a single-premium whole life insurance product that provides protection for both life and long-term care insurance needs, in a single policy. Read Story
(UPDATE April 16, 2010: Two days after the blog posting below was written, Congress authorized an extension of NFIP until May 31, but only as part of other unrelated legislation. ... Read → Read Story
The former dean of the Wharton School of Business and Delaware Insurance Commissioner Karen Weldin Stewart are among the speakers at this year’s National Association of Insurance and Financial Advisor (NAIFA) Delaware Career Conference. Read Story
A Saylorsburg, Pa., pastor admitted to police that he attempted to make a false insurance claim of more than $363,000 by claiming musical instruments were stolen from his church. Read Story
The Guardian Life Insurance Co. of America was ordered to pay $62,000 in fines after a market conduct examination in Virginia found violations, including improper handling of claims. Read Story
Delaware Insurance Commissioner Karen Weldin Stewart defended staffing the state’s new captive insurance bureau without requesting bids or conducting a formal search before a joint legislative panel. Read Story
A Washington, D.C.-based insurance company is partnering with Gerber Life Insurance Co. to offer group medical stop-loss insurance in New York. Read Story
State Farm wants Toyota to reimburse it for its payments to auto insurance policyholders who suffered damages from crashes caused by unintended acceleration of the automaker’s vehicles. Read Story
A New York City insurance agent pleaded guilty in an attempt to defraud Prudential Life Insurance Co. and Aviva Life Insurance Co. out of $14 million in a life insurance scheme. Read Story


Regional news: 






