Archive for April, 2011
A Wilkes County, N.C., insurance agent pleaded guilty to 14 counts of misdemeanor larceny, reduced from felony insurance fraud, for misrepresenting her loss after a fire in her home. Read Story
The practice of “off-shoring” income, or placing unreported income into foreign accounts, is drawing increased attention from the Internal Revenue Service, according to an international tax attorney. Read Story
A Shoreview, Minn, woman pleaded guilty to embezzling about $400,000 while working as a client services specialist for Allianz Life Insurance Co Read Story
Consumers must adopt a “retirement mindset,” where they understand the long-term care funding options available to them long before the need exists, according to an industry expert. Read Story
The Internal Revenue Service has issued new rules separating enrolled retirement plan agent user fees from enrolled agent user fees and lowering the fees charged. Read Story
Oklahoma's insurance commissioner wants Congress to remove all references to “navigators” deleted from the federal health reform law. Read Story
A former Pennsylvania Superior Court judge, serving a 46-month federal prison sentence for insurance fraud, also is being investigated by the Judicial Conduct Board. Read Story
A Richmond, Va., businessman, whose companies were barred from selling in Virginia for 120 days, pleaded guilty to participating in an investment scheme involving a handful of insurance companies. Read Story
San Francisco’s universal health care program could shed up to 60 percent of its patients and much of its costs when federal health care reforms take effect in ... Read → Read Story
Slightly more applications for individually underwritten life insurance were written in March, according to the monthly MIB Life Index. Read Story


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