Regional news: Archive for February, 2011
WASHINGTON - With the ink barely dry on various 2012 federal budget proposals, the Maryland congressional delegation began working on shaping the final product this week. Read Story
The CPCU Society and the Maryland Chapter will hold workshops for continuing education credit at State Auto Insurance's offices in Hunt Valley, Md., March 2. Read Story
The number of applications filed for individually underwritten life insurance in January fell 2.3% compared to the same month in 2010, according to the monthly MIB Life Index. The first month of 2010 showed a 1.2% increase. Read Story
The Internal Revenue Service is permitting for the first time self-employed people to deduct their Medicare Part B health insurance premiums. Read Story
Indexed annuities had record sales for a second consecutive year, reaching $32.1 billion, according to LIMRA's analysis of sales. Read Story
State Farm is providing Virginia Tech fans with a novel way to raise up to $100,,000 in contributions to the Blacksburg, Va., school’s athletic department Feb. 26. Read Story
A Massachusetts-based bank has acquired Reading, Mass.-based Argeros Insurance, a third-generation agency to expand its insurance division’s depth and reach. Read Story
Eight health centers in West Virginia are suing the state’s Medicaid program for allegedly paying them less than the federal minimum for the past decade. Read Story
You would be forgiven if you have never heard of the National Fraternal Congress of America, even though it has been around since 1886. I had, but only because back in the 1990s, a colleague went to work there. Despite the fact that at that point I had been in the business for I won’t say how many years, he had to explain to me what it was: the trade association for fraternal benefit societies. Read Story
Sales of variable annuities increased by 10% last year, reaching $140.5 billion, fueled by equity market growth and people's desire for guaranteed income riders. Read Story
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