Regional news: Archive for May, 2010
It’s not surprising that the Obama Administration has pulled out all the stops to pass health care reform. After all, President Obama went on the record numerous times during his ... Read → Read Story
The head of the U.S. Justice Department’s Antitrust Division warned health insurers May 24 that deals that expand the market share of a dominant plan will be heavily scrutinized, if not killed. Read Story
When Washington lobbyists were predicting that Sen. Chris Dodd’s retirement announcement spelled the end of financial services reform, I opined in an article I wrote for Captive Review that they were dead wrong. My theory was that with health insurance reform taken care of and no fundraising to worry about, Dodd had only this to focus on. With the help of New England Republicans-In-Name-Only, I was vindicated—his bill, S. 3217, now awaits reconciliation with its House counterpart, H.R. 4173. Read Story
A Pennsylvania state trooper was recently arraigned on a series of charges after officials say he offered an old friend money to burn down his girlfriend’s house for insurance money. Read Story
The Independent Insurance Agents of Virginia will hold its 2010 annual convention and exhibition June 20-23, focusing on the theme of “Navigating Risky Waters.” Read Story
The Maryland Insurance Administration fined a number of companies $10,000 late last year for failing to include required fraud disclosure statements in forms and applications issued last year, records show. Read Story
The Professional Insurance Agents of New Jersey and New York have planned a series of events as part of their 2010 annual conference, scheduled for June 13-15. Read Story
A former Marlton, N.J., life insurance agent was indicted and faces six criminal charges after officials claim he forged the names of clients on applications and automated banking withdrawal forms. Read Story
A registered financial representative from Martinez, Ga., was barred by the Financial Industry Regulatory Authority (FINRA) after he improperly took money from a client’s variable annuity. Read Story
Indicating that Congress is well within its right to require individuals to secure private health insurance under new federal law, attorneys for the Obama Administration are asking a federal judge to dismiss a suit filed by the Commonwealth of Virginia. Read Story
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