Va. trade group awards Agent of the Year, other annual honors

Christopher W. Archer, president and CEO of the C.W. Archer Insurance Agency, was named the Independent Insurance Agents of Virginia’s Insurance Agent of the Year.  Read Story

Retirees prefer Medicare to former employer’s health plan

The majority of retirees on Medicare said they were “very” or “somewhat” satisfied with their Medicare coverage, according to a recent survey.  Read Story

Westfield Insurance has added Maryland to its roster of states where it provides commercial insurance.  Read Story

A host of Arizona lawmakers joined a conservative watchdog group Thursday in filing a 78-page lawsuit challenging the federal health care overhaul, becoming the latest party to enter ...  Read →  Read Story

Insurance agency, three agents appeal Illinois license revocations

Three insurance agents appealed the revocation of their insurance licenses by Illinois insurance regulators several weeks before state regulators announced the actions taken against them.  Read Story

NCOIL addresses its ‘grave concerns’ with retained-asset accounts

The National Council of Insurance Legislators wants to ensure that “minefields – embedded with danger” in any retained-asset accounts are prevented by the adoption of a “Beneficiaries Bill of Rights.”  Read Story

Investors’ suit over Aetna statements on ‘disciplined’ pricing denied

A federal appeals court declined a request by investors in Aetna to revive a securities fraud suit alleging the company made false statements about “disciplined” pricing strategies to boost the health insurer’s stock price so three top executives could sell $61 million in stock.  Read Story

The trade and mainstream press will soon be filled with articles commenting on the five-year anniversary of Hurricane Katrina—the largest insurance event in history and certainly one of the deadliest. Rather than look at the accumulated statistics, I thought it would be interesting to ask the question, “Have the Atlantic and Gulf Coast state insurance markets prepared for the next big hurricane?”  Read Story

Woman linked to alleged staged-accident ring

A Durham, N.C., woman was charged with five counts of insurance fraud in connection with her alleged role in a staged-accident ring.  Read Story

After three years ‘on its radar,’ Keystone inks new Ohio deal

Keystone Insurers Group, based in Northumberland, Pa., has formed a partnership it has been interested in since entering Ohio three years ago.  Read Story