Sebelius to WellPoint: Stop ‘unconscionable’ coverage cancellations

In a letter to the head of national insurer WellPoint, U.S. Department of Health and Human Services Secretary Kathleen Sebelius urges an end to reports of dropping coverage for women with breast cancer.   Read Story

Calif. man indicted for attempted cyber-extortion of New York Life

A Chino, Calif., man was indicted in federal court after he allegedly sent threatening emails and used a website as means to damage the reputation of insurer New York Life and cost the company millions of dollars through his acts.  Read Story

Insurer claims Pa. school system’s laptop suit not covered under policy

A New York-based property-casualty insurer claims none of the allegations facing a Pennsylvania’ school district over laptop tracking among students is covered under a $1 million liability policy.  Read Story

Report: FBI probing insurance contracts of N.J. school district

Insurance contracts between the Toms River (N.J.) Regional School District and an insurance firm with offices in New Jersey and Maryland is likely the focus of a federal investigation, according to a published report.  Read Story

Motivational speaker Petersen to address NAIFA-PA convention May 17-18

Neal Petersen, motivational speaker and author of the book, Journey of a Hope Merchant, will be the keynote speaker at the 2010 NAIFA-Pennsylvania Annual Convention, May 17-18, at Seven Springs Mountain Resort in Champion, Pa.  Read Story

Va. families say insurers deceiving customers about autism coverage

A group of parents is seeking the help of the Virginia State Corporation Commission’s Bureau of Insurance to make clear what insurers must cover for autistic children.  Read Story

Court affirms Maine’s decision to deny rate hike for Anthem

A Maine court has sided with the state’s insurance regulator in her denial of an 18.1% average rate increase for residents enrolled through Anthem Health Plans of Maine.  Read Story

Donegal subsidiary announces bank merger to expand financial services

Donegal Financial Services Corp. announced an agreement to merge with fellow Pennsylvania institution Union National Financial Corp. in a move to enhance its financial service offerings.  Read Story

Investors say caution supercedes their economic optimism

Investors, despite showing optimism for the investment climate in the next six months, continue to invest cautiously, according to a new survey.  Read Story

Florida insurance agent accused of $2 million STOLI scheme

A Davie, Fla., insurance agent is accused of scamming senior citizens out of millions of dollars by making misrepresentations on life insurance applications to later sell them as stranger-originated life insurance (STOLI) policies.  Read Story