Phoenix-based specialty insurer sold to New York firm

MiniCo, a Phoenix, Ariz.-based specialty insurance provider, sold its insurance agency operations, MiniCo Insurance Agency, to a New York-based insurance services provider.  Read Story

Fla. public adjuster suspended, accused of misappropriating funds

Accused of misappropriating more than $34,000 in homeowners’ claims payments, a North Miami Beach, Fla., insurance adjuster has had his license to conduct business in the state suspended.   Read Story

Fewer pens put to life insurance applications in May than in April

U.S. application activity for individually underwritten life insurance was flat in May, with growth most evident among middle-age buyers, according to the monthly MIB Life Index.  Read Story

Virginia jury sides with truck owner, not State Farm, in theft case

A Virginia jury recently awarded $23,864 to a man whose insurance claim for a stolen 2007 Chevrolet Silverado was denied by State Farm.  Read Story

Chartis renames N.J.-based unit Growth Enterprises

A Berkeley, N.J.-based core division of Chartis has been renamed to Growth Enterprises, as it sheds its Small Business division name.  Read Story

Despite reform, UnitedHealth CEO says large employers will stay put

The chief executive of UnitedHealth Group says he does not think the federal health reform law will force large employers to end their health insurance plans.  Read Story

Pennsylvania submits paperwork for federal high-risk insurance funds

Pennsylvania has submitted to the federal government its proposal for a temporary high-risk insurance pool, taking advantage of federal funds that several states have chosen to forgo.  Read Story

NAIC pushes Congress to preserve state-based insurance regulation

The National Association of Insurance Commissioners is expressing its support for portions of U.S. House and Senate financial reform bills that preserve state-based insurance regulation.  Read Story

Maryland acts against ATA after finding it sold bogus health insurance

Maryland insurance regulators have ordered American Trade Association and its subsidiaries to stop selling what they called bogus health insurance, according to an administrative order.  Read Story

Securian recently rolled out its Personal Savings Illustration, customized specifically for employees who are eligible but not participating in their retirement plans.  Read Story