Regional news: Archive for January, 2011
New York’s new governor wants to merge the state’s banking and insurance departments, arguing that the streamlining would save money and prevent activity from “falling between the cracks of our regulatory agencies.” Read Story
The state insurance commissioner, who has held the job for 51/2 years, said Wednesday that he won’t seek to renew his term after it expires Feb. 1.
Read Story
U.S. workers expect retirement later than the rest of the world and with a lower standard of living, which is why they use financial professionals and prepare earlier, a survey shows. Read Story
OMAHA (DTN) – USDA is creating a “Good Performance Refund” program that could pay up to $25,000 to farmers who have demonstrated favorable crop-insurance performance by having “a ... Read → Read Story
A Bermuda-based insurance holding company acquired Heartland Crop Insurance, a Topeka, Kan.-based managing general agent, as its builds its business into “shorter tail specialty lines.” Read Story
The Financial Industry Regulatory Authority (FINRA) barred an Independence, Kan., woman after finding she kept part of annual insurance premiums payments. Read Story
Sean Hunter, the former aviation director at Louis Armstrong International Airport, pleaded guilty in federal court this morning to a single count of obstruction of justice in a ... Read → Read Story
Liberty Mutual Insurance Co. will pay $2 million to Connecticut to settle allegations that it paid brokers to rig insurance bids. Read Story
A North Carolina insurance agent was charged with embezzling $52,167 in premium payments and not insuring clients. Read Story
State insurance fraud investigators have opened an official probe of the Menard Correctional Center, where hundreds of guards and others have filed for or received taxpayer-funded settlements ... Read → Read Story
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