Regional news: Archive for October, 2010
The owner of a Hudson, N.H., insurance company, whose relative admitted to stealing $140,000 in workers’ compensation premium payments last summer, is accused of taking $72,000 for insurance from seven businesses that he allegedly never purchased policies for. Read Story
CNO Financial Group’s plan to consolidate three of its insurance companies has received regulatory approvals, according to the Carmel, Ind.-based company. Read Story
IFA Insurance Co.’s unprofitable operating performance in the last few years was blamed in part for its lowered ratings outlook from a key ratings service. Read Story
Even though health care organization’s medical malpractice claim frequency has declined slightly, Illinois, New York and Pennsylvania continue to be the states most prone to claims and costly cases, according to a new report. Read Story
Aetna’s chairman and CEO, Ronald A. Williams will retire from the national health insurer in April 2011. Read Story
Keystone Insurers Group (KIG) recognized five of its independent agency partners with its annual Exemplary Award. Read Story
Six Orange County, Calif., family members were arrested for allegedly stealing $1.5 million through a workers’ compensation fraud scheme. Read Story
Gov. Chris Christie named Edward B. Deutsch of Barnardsville, N.J., to the panel, created by executive order to review administrative rules and solicit public input how regulations will affect economic growth, investment and job creation in the state, according to mycentraljersey.com. Read Story
Argo Group International Holdings announced plans to merge two of its excess and surplus lines businesses, Argonaut Specialty and Colony, to form Colony Specialty. Read Story
A health insurance company that last year paid a $700,000 fine in New York now faces the possibility of loses its license to operate in Florida. Read Story
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