Trade group attacks proposed Washington State insurance fund grab

An insurance trade group is asking Washington’s governor to veto a bill seeking to poach $10 million in insurance funds to help offset state budget shortfalls.  Read Story

Bill banning some ads in N.Y. state agency materials advances

The New York State Assembly passed a bill preventing state agencies from accepting advertisements in their publications that closely relate to that agency’s regulatory authority.   Read Story

Study highlights Washington, D.C., as leader in health coverage

A new study exploring health insurance in Washington, D.C., places the District second in the country for providing coverage to its residents, eclipsed only by Massachusetts, which mandates coverage to its residents.  Read Story

Eight arrested for alleged link to Calif. staged auto accident ring

Eight suspects are under arrest for what California officials say was part of an elaborate staged automobile accident ring in San Diego that resulted in insurance losses of more than $200,000.  Read Story

Kingsway Financial president and CEO says he will step down in June

Two weeks after a Pennsylvania Commonwealth Court found no fault in the way Kingsway Financial Services distributed shares of its troubled subsidiary, Lincoln General Insurance Co., the head of the Canadian company announced his resignation.  Read Story

Survey: Employers unlikely to abandon employee health insurance

Employers say they are unlikely – at least now – to contribute to the predicted demise of employer-sponsored health insurance, a new survey finds.  Read Story

Md. firm to administer state employees’ FSAs as of July 1

A Hunt Valley, Md., company that provides consumer-directed health account management solutions, was selected to administer the Maryland state employees’ Flexible Spending Accounts (FSAs).  Read Story

Louisiana weighs bill banning Chinese drywall insurance cancellations

A bill prohibiting insurers from dropping or failing to renew a policy involving a home containing Chinese drywall is making its way to the Louisiana Senate.  Read Story

Starr Surplus Lines introduced STARR PRO for Architects, Engineers and Contractors, a new suite of professional liability solutions for these specialized professions.  Read Story

Veto threat stalls Fla. lawmakers’ deregulation of property insurance

Already threatened with a veto by Gov. Charlie Crist, Florida lawmakers appear unlikely to win a victory to allow Florida property insurers to raise rates through unregulated policies.  Read Story