Archive for October, 2010
Life insurance applications filed in September fell 2%, compared to the same period last year, according to the monthly MIB Life Index. Read Story
Virginia Attorney General Ken Cuccinelli said he was “pleased” with a federal judge’s ruling on health reform in Florida. Read Story
The Wisconsin Office of the Commissioner of Insurance filed a plan to handle Ambac Assurance Corp.’s (AAC) segregated account, which it seized in March over concerns about ties to mortgage-backed securities. Read Story
A federal judge in Florida ruled that a constitutional challenge to the health reform law, filed by 20 states’ attorneys general, should go to trial. Read Story
R. Allen Stanford and two other Stanford Financial Group executives are cut off from insurance money to pay their legal bills.
Read StoryALBANY — State and local governments have promised employees $205 billion in retiree health benefits, but the governments haven’t set aside money to pay for it, according to a ... Read → Read Story
A door-to-door insurance salesman in Garfield County, Okla., is believed to be casing out homes while trying to sell insurance policies. Read Story
The Obama Administration is holding off for one year the provision of the new health reform law requiring employers to report the value of an employee’s health plan on tax forms. Read Story
WASHINGTON - Nonprofit businesses, including as many as one-in-five Maryland nonprofit organizations, could be stripped of their tax-exempt status Oct. 15 because of filing rules that changed three years ago, but still caught them unaware. Read Story
Everyone knows the property-casualty insurance world is hurting. Any agent will tell you that the market is soft (isn’t it more Koosh ball squishy) and that, despite stimulus spending, there remain fewer construction projects for which insurance is needed. Read Story


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