Regional news: 
Archive for August, 2010
Dominion Dental Services, a regional provider and administrator of dental and vision benefits, launched a new producer portal, allowing agents to create quotes and proposals, track their quote activity and view dental and vision product information in one location, according to a company statement. Read Story
Louisiana Citizens Property Insurance Corp. plans to pay $23 million to settle a civil suit where thousands of people say they were not properly compensated for hurricane losses after Hurricanes Katrina and Rita. Read Story
Farmers Mutual Fire Insurance Company of Salem County will add Employment Practices Liability (EPL) insurance for small- and medium-sized businesses in Maryland and New Jersey, starting Sept. 1. Read Story
A nonprofit insurance company may pay $250,000 to settle a sexual-harassment claim filed against the executive director of the Philadelphia Housing Authority. Read Story
Two Scranton, Pa., insurance agents, their spouses and three insurance agencies allegedly were part of what prosecutors call a “pyramid scheme” in Lackawanna County, Pa., netting more than $7.5 million. Read Story
OneBeacon Insurance Group Ltd. will pay a special dividend of $2.50 per share, on top of the regular quarterly payment of 21 cents, the company said Wednesday.
Read Story
A former insurance agent in New Jersey was indicted for allegedly defrauding nine clients out of more than $1.9 million to feed his online gambling habit. Read Story
New York insurance regulators clamped down on 20 health insurers and HMOs operating in the state by fining them a total of $716,800 for failing to promptly pay claims. Read Story
The Obama Administration’s attempt to provide coverage to people with pre-existing conditions appears to be garnering a less than enthusiastic response. Read Story
Life insurance sales increased 7% in the second quarter this year, compared to last year’s second quarter, which was the worst quarter in 70 years. Read Story
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