N.C. woman allegedly gives Expedition away, files false insurance claim

A Raleigh, N.C., woman was arrested and charged with one count of insurance fraud for allegedly making a false claim to Nationwide Insurance two years ago.  Read Story

Pa. bill to expand workers’ compensation availability is ‘win-win’

A bipartisan bill that would provide broader workers’ compensation coverage to previously ineligible business entities in Pennsylvania is scheduled for a hearing before the state's House Labor and Industry Committee March 23.  Read Story

Economy forcing new relationship among insurers, agents and brokers

Insurance agents’ relationships with insurers may change as insurers face multiple challenges in maintaining growth in a “slowly recovering” economy, a new report says.  Read Story

Former New York legislator sentenced for $863,000 insurance fraud

A former Suffolk County, N.Y., legislator was sentenced to one to three years in prison for insurance fraud in connection with a fire at his Westhampton Beach home.  Read Story

There has been a lot of controversy the last few years around cloning – cloning of sheep, cloning humans, etc. When it comes to “cloning your best clients” there’s no controversy at all. Every financial professional wants to acquire more clients that resemble their top clients. Here are 5 steps to accomplishing that goal.  Read Story

Mass. firms forming one of largest independent wealth managers in U.S.

Two Boston-based independent advisory firms have merged to create one of the nation’s largest independent wealth management firms, according to the companies.   Read Story

AIG’s Chartis faces $1 billion in losses from 1st quarter catastrophes

American International Group Inc. said its property-casualty insurance unit, Chartis, could face more than $1 billion in catastrophic losses from incidents in the first quarter of this year.  Read Story

Insurance agents say they want one set of licensing requirements

Congress should establish one set of rules guiding insurance agent and broker licensing, as well as continuing education requirements across the nation, according to more than half of respondents to the latest IFAwebnews.com poll.  Read Story

La. insurance agent allegedly misappropriated $10,0000 in premium

An insurance agent in Baton Rouge, La., was suspended and faces the possible revocation of his insurance license for allegedly misappropriating premiums.  Read Story

Congress weighs excluding agent commissions from medical loss ratios

Two congressmen have introduced legislation that would exclude agent commissions from the medical loss ratios included in the federal health reform law.  Read Story