Archive for March, 2011
Aetna is hoping its approach to insurance agent and broker commissions in response to changes under the federal health reform law will prove successful. Read Story
A Chelsea, Mass., man was arrested and charged with impersonating a federal air marshal after an insurance investigator, investigating possible insurance fraud, tied the man to a prior incident where he allegedly had a different job. Read Story
American International Group said MetLife agreed to modify their agreement in connection with the sale of American Life Insurance Co. (ALICO) so AIG can sell MetLife equity securities earlier than permitted in the original terms of the sale. Read Story
A Wilson, N.C., insurance agent was charged with embezzlement for allegedly pocketing more than $11,000 in premium over 10 months. Read Story
New individual premium written for individual life insurance increased 2% in the fourth quarter of last year, driving a small increase for the year. Read Story
Pennsylvania's adultBasic program is dead, a victim of a lack of funding that Gov. Tom Corbett has blamed on his predecessor, Ed Rendell. Read Story
Employees who have both disability and medical coverage return to work more often and spend less time on leave than those without the integrated program, a new survey shows. Read Story
The number of questionable insurance claims last year, although 24% more than in 2008, is a “statistical no big deal,” according to a National Insurance Crime Bureau (NICB) official. Read Story


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