Employers adopt ‘wait and see’ approach toward health reform’s costs

The majority of employers are taking a “wait and see” approach toward their employee benefits programs, delaying any action to respond to the likely reduction in plan design flexibility brought on by federal health reform, a new study finds.  Read Story

NAIFA-PA’s annual convention in Lancaster May 23

The Pennsylvania chapter of the National Association of Insurance and Financial Advisors 2011 Annual Convention will be held at Lancaster Host Resort May 23-24 24. Registration opens at 7:30 a.m. May 23.  Read Story

States’ deal with John Hancock on annuity practices ‘will not be the last’

California's state controller says a multi-state settlement with John Hancock over its handling of state unclaimed property laws with its life insurance and annuity policies “will not be the last” for life insurers.  Read Story

Ex-convict allegedly kills insurance agent three months after release

A warrant was issued for the arrest of a Savannah, Ga., man, recently released from a 20-year prison term, for the allegedly killing an insurance agent earlier this year.

Pedro Lee ...  Read →  Read Story

The trickle-down effect of new federal health reform is becoming evident, as insurance agency owners are admitting that they have either cut or are considering making cuts to their staffing. What else can they do?  Read Story

Insurance agencies trimming staff as commission cuts take toll

The effect of cuts to health insurance agent and brokers' commissions from federal health reform may spread to their offices, according to a new survey.  Read Story

With lower commissions, insurance agents cutting services to clients

Some health insurance agents and brokers, responding to cuts to their commissions because of health reform, have cut the services they provide their clients or stopped selling coverage to individuals, according to a new survey.  Read Story

Online insurance classes less appealing than in-person CE courses

A plurality of insurance agents and brokers say they obtain their state-mandated continuing education credits in person, according to the latest IFAwebnews.com poll.  Read Story

N.J. man sentenced for setting aunt’s car ablaze for insurance funds

A Vineland, N.J., man was sentenced to state prison for five years after his conviction for setting his aunt’s automobile ablaze so that she could collect insurance proceeds.  Read Story

The 4 percent rate cut that Gov. John Kasich proposed last week is just the beginning of changes that his administration will seek in workers’-compensation insurance in Ohio.