Pacific Life, PIMCO deal marks move to ‘cutting edge’ of investing

Pacific Life Insurance Co. awarded PIMCO a contract to manage a portion of its general account assets, a move it says puts the company on the “cutting edge” of insurer investing.  Read Story

Senate votes down extension of National Flood Insurance Program

The U.S. Senate voted down a proposal to renew the National Flood Insurance Program, meaning people seeking to close on properties in flood zones cannot move forward.  Read Story

Ehrlich says he’d fight health reform if elected governor

Former Maryland Gov. Robert L. Ehrlich Jr. said, if re-elected, he would challenge the legality of the new federal health care reform law.  Read Story

Aetna, foundation give $539,000 in grants in Pennsylvania

Aetna and the Aetna Foundation say last year awarded community grants and sponsorships in Pennsylvania totaling $539,000, with an emphasis on disease prevention, obesity and health screening.   Read Story

League of Women Voters renews its call for ‘Medicare for all’

The League of Women Voters voted June 14 to “strongly advocate” for “an improved Medicare for all,” or a universal health plan.  Read Story

Saybrus Partners to help Wells Fargo Advisors on life insurance

Saybrus Partners, the distribution company of The Phoenix Cos., is going to provide life insurance consulting services to the financial advisors of Wells Fargo Advisors.  Read Story

House Republicans fail in bid to rid reform of individual mandate

An effort to strip the federal health care reform law of a key provision failed in the U.S. House June 15.  Read Story

Insurer pays $22,000 after Va. market conduct exam finds errors

Victoria Fire & Casualty Co. paid a $22,000 fine to Virginia insurance regulators, after a market conduct examination found it violated a number of state insurance regulations.  Read Story

Feds issue rules for ‘grandfathering’ of health plans amid reform

Federal officials say they issued a new regulation designed to give market flexibility and stability to health insurance coverage as reform takes hold.  Read Story

Two New York Blues schedule launch of on-demand health care services

BlueCross BlueShield of Western New York (BCBSWNY) and BlueShield of Northeastern New York (BSNENY) have launched Online Care NY, a service that offers on-demand health care services in New York state to eligible members and employers.  Read Story