Regional news: 
Archive for July, 2010
The founder of a Red Bank, N.J., a managing general agency has pleaded guilty to one count of insurance fraud in connection with fraudulent statements in an application to operate as a captive insurance company in Washington, D.C., according to federal prosecutors. Read Story
Peter C. Browne, co-founder of Price Raffel and Browne of New York, was awarded The American College’s Samuel H. Weese Award, recognizing his long-term generosity and voluntary service to the college and its advancement efforts, according to the Bryn Mawr, Pa.-based financial services educational organization. Read Story
The majority of renters do not obtain renter’s insurance, even though they are 50% more likely to be the victim of theft than people who own homes. Read Story
A Germantown, Md., woman had her insurance license revoked after she admitted to falsifying a certificate of liability insurance. Read Story
Seven of Pennsylvania’s nine largest health insurers use health profiling tools for their small-groups, while the state’s two largest insurers, Highmark Inc. and Independence Blue Cross, do not. Read Story
The American College signed an agreement with MetLife to sponsor the new MetLife Learning Center, located on the college’s campus in the suburbs of Philadelphia. Read Story
Market chaos and churn necessitates that business owners must refresh their growth strategy. Read Story
The public option is not dead. In fact, Senate Majority Leader Harry Reid said it’s just a matter of time until its passage. Read Story
The Obama Administration’s plan for handling crop insurance commissions marks a sea change that one property-casualty insurance trade group does not like. Read Story
A North Jersey neurologist was charged in a state grand jury indictment with conspiring to participate in a pharmaceutical narcotics trafficking and Medicaid fraud scheme. Read Story
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