Wash. State insurer to pay $148,000 for violating prescription law

Regence BlueShield, a Washington State health insurer, was ordered to pay $148,000 for improperly paying claims for the removal of intrauterine devices since 2001.  Read Story

DAYTONA BEACH — Robert W. Elton’s property insurance has more than doubled in five years.

‘Conservative consumers’ help indexed annuity sales set record

Fluctuations in returns for other financial instruments paid off for indexed annuity sales, which set a record with quarterly sales of $8.7 million.  Read Story

While Chris and Jane Ott were working with a financial planner five years ago to transfer a 401(k) to an IRA, the adviser looked at all their ...  Read →  Read Story

N.Y.-based life settlement firm obtains funds, says sector set to grow

A New York-based life settlement provider says its ability to obtained almost half of the $60 million in capital it hoped to raise shows the industry is ready for “significant growth.”  Read Story

PITTSBURGH  — A woman involved in a car accident told Channel 4 Action News that she couldn’t believe it when she received a bill from emergency responders for a ...  Read →  Read Story

Md. congressman who opposed health reform balks at coverage delay

Andy Harris, a new Republican congressman representing Maryland’s First District, expressed frustration after learning that his congressional health insurance won’t kick in until Feb. 1.  Read Story

A Stifel Nicolaus Weisel analyst downgraded shares of the two largest commercial health insurers Monday, saying he does not expect the stocks to trade higher in the coming ...  Read →  Read Story

Menendez predicts tax form provision in health reform law will fall

While Republicans are pushing for a full repeal of the federal health reform law, U.S. Sen. Robert Menendez, a New Jersey Democrat, expects Congress to kill one provision.  Read Story

MetLife will no longer issue individual long-term care insurance policies.  Read Story