New York man fined $10,000, suspended by FINRA

A registered principal from Dix Hills, N.Y., was fined $10,000 by the Financial Industry Regulatory Authority (FINRA) for engaging in outside activities without notifying his member firm.  Read Story

This past month millions of Americans got notice from Blue Cross/Blue Shield providers across the country that their insurance premiums were going way up effective immediately. Here is the terse ...  Read →  Read Story

Blue Cross Blue Shield of Delaware looking for ‘strategic partner’

In what might become a trend, Blue Cross Blue Shield of Delaware is looking to build a “strategic partnership” with another Blue Cross or Blue Shield affiliate in the face of federal health care reform.   Read Story

Farmers New Century pays $10,000 fine over its water damage policy

Farmers New Century Insurance Co. of Aurora, Ill., paid a $10,000 fine to the Maryland Insurance Administration for failing to properly modify its water damage coverage to meet a new law that took effect Oct. 1, 2008.  Read Story

AEGON plans repayment to Dutch, tweaks in U.S.

The Dutch parent company of Transamerica Corp. says this month it will repay 500 million euros ($643 million) of the aid it received from that government in 2008.   Read Story

Meltzer to market products for EagleBank in Greater Washington area

EagleBank’s insurance subsidiary has entered into a deal to permit The Meltzer Group, a full-service insurance agency, to market insurance products to its business, personal and professional customers.  Read Story

Jail worker sentenced to facility for workers’ comp. scheme

A Kingston, N.Y., woman was sentenced to 30 days in jail for enabling an inmate to continue to receive wage replacement benefits while he was serving time in Ulster County jail.  Read Story

Homeowners would pay more to avoid gaps in their coverage

Homeowners, demonstrating in a new study their lack of understanding of what is covered with a homeowner’s policy, would rather pay more and have coverage, than face potential financial exposure.  Read Story

N.J. nurse wins $2 million insurance payout, plus private settlement

A Teterboro, N.J., lawyer obtained a $3.9 million medical malpractice settlement for a nurse that includes a $2 million insurance payment.  Read Story

Half of workers wish they had pension, fear retirement costs

Nearly half of people in a recent survey on financial planning said they wished they had a pension, according to the Ipsos online poll.  Read Story