Regional news: Archive for July, 2010
A Queens, N.Y., contractor was charged with grand larceny and workers’ compensation fraud after allegedly defrauding the New York State Insurance Fund of more than $150,000 in uncollected premium. Read Story
Sun Life Financial Co., one of Canada’s biggest life insurance companies, is trying to make bigger inroads in the United States. The company’s US insurance unit, which is based in ... Read → Read Story
As a business owner, have you ever just want to get the broom out and sweep out your entire team because they won't do what you want them to do? You often wonder why your team won't perform or execute what you want them to do. Read Story
An employer in Raleigh, N.C., was arrested and charged with willfully terminating a group health plan, costing two employees a total of more than $2,000 in unpaid claims. Read Story
The Financial Industry Regulatory Authority (FINRA) is fighting alleged Internet Ponzi schemes with its own foray into the Internet. Read Story
Speakers at the ALI-ABA’s annual conference on insurance and financial services regulation in Chicago offered extensive commentary on changes in enforcement strategies for insurance and securities fraud, in light of ... Read → Read Story
As the Obama administration begins to enact the new national health care law, the country’s biggest insurers are promoting affordable plans with reduced premiums that require participants to use a ... Read → Read Story
Senate Democrats say that with the senator taking over the seat vacated by the death of Robert Byrd, they should finally have enough votes to pass an extension to unemployment benefits. Read Story
A key ratings service has upgraded the ratings outlook for the U.S. life insurance and annuity sector from “negative” to “stable,” saying it believes the industry’s current capitalization is adequate and can withstand additional stress. Read Story
A lawyer in Bensalem, Pa., says he has begun an investigation into corporate actions involved the planned sale of New York-based NYMAGIC to ProSight Specialty Insurance Holdings announced last week. Read Story
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