Regional news: 
Archive for May, 2010
The 73rd Annual Installation Dinner of the Independent Insurance Agents of Maryland will include a bull roast/shrimp feast and casino night. Read Story
A Markel Corp. subsidiary acquired a Fairfield, N.J., company that manufactures food processing equipment as an investment. Read Story
Capital BlueCross unveiled a new advertising campaign, featuring real stories about its employees helping making its members and community healthier. Read Story
A former Ohio insurance agent, who fled the country after his indictment on 27 felony charges, was sentenced to seven years in state prison after taking $685,000 in unauthorized loans from his clients, including his own grandmother. Read Story
While it plans legal action to stop a proposed producer compensation disclosure rule, the Independent Insurance Agents & Brokers of New York is still offering its suggestions to state regulators to aid its members. Read Story
The friction between investors looking for opportunities and insurance companies whose products inadvertently provide those opportunities is forcing a hard look at stranger-originated annuity transactions (STATs), according to an industry expert. Read Story
A.M. Best has revised the outlook to “stable” from “negative” for personal and commercial property-casualty insurer Farmers Insurance Co. of Flemington. Read Story
An association representing Maryland’s doctors has sent Maryland Insurance Commissioner Beth Sammis a letter asking her to investigate “intrusive” and “onerous” health insurance protocols that could be compromising care. Read Story
Agents and brokers marketing limited medical plans, which will undergo “major changes” with the new health care reform law, should be looking ahead at how those changes will affect their clients, according to an industry expert. Read Story
For nine years, Brown & Brown said it was impressed by a quartet of Connecticut agencies it now is adding into the fold. Read Story
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