N.Y. handyman accused of improperly accepting workers’ comp. benefits

A Red Hook, N.Y., handyman is accused of misrepresenting his work status in order to collect more than $20,000 in workers’ compensation benefits.  Read Story

Nippon Life Benefits has announced the availability of a comprehensive new wellness program to help employees proactively manage their health and enable employers to better control healthcare costs.  Read Story

New Jersey-based insurance service firm wants on prowl for acquisition targets

Cognizant Technology Solutions, a Teaneck, N.J.-based provider of services to insurance companies, is looking to acquire business process outsourcing firms specializing in insurance.  Read Story

Virginia’s Elephant trims its auto policy prices in Virginia

Elephant Auto Insurance announced it has reduced the cost of auto policies by 10% on all coverages in the state.  Read Story

Physhield Insurance Exchange approved by Maryland regulator

The Maryland Insurance Administration has given its approval for Physicians Healthcare Management Group (Phyhealth) for its affiliate to underwrite medical malpractice insurance in the state.  Read Story

Argonaut Insurance adds to Philadelphia-based firm’s workload

Intragroup, a Philadelphia, Pa.-based provider of disability management solutions, was named the medical bill review vendor for Argonaut Insurance Co, a national underwriter of specialty insurance in niche areas of the property-casualty market.  Read Story

LPL Financial’s parent readying $600 million initial public offering

The parent company of one of the largest brokerage companies in the U.S. filed for an initial public stock offering worth up to $600 million.  Read Story

Latest health reform mandate suit says religious rights are violated

Another lawsuit challenging the constitutionality of the mandate that individuals buy health insurance has been filed, this time arguing the law violates people’s religious rights.  Read Story

Philadelphia Insurance Companies recently unveiled a new product suite for temporary staffing organizations, with offerings including property, auto, errors & omissions and employment practices liability.  Read Story

Weiss: Larger life, annuity insurers less risky than smaller ones

Large life and annuity insurers fared better than smaller insurers in an independent ratings service’s analysis of what companies are strong enough to be recommended to consumers.  Read Story