Cuomo’s chief of staff confirmed as leader of merged regulatory office

The New York State Senate unanimously confirmed Benjamin M. Lawsky, Gov. Andrew Cuomo's chief of staff, as superintendent of the Department of Financial Services (DFS).  Read Story

Employers’ defined-contribution plans draw record number of employees

The number of employees participating in their employer-sponsored defined contribution (DC) plans is at a record high, according to a new report.   Read Story

While California’s budget woes have dominated the headlines, the California Universal Health Care Act – Senate Bill 810 – was introduced by California State Democrats, seeking to create ...  Read →  Read Story

Mass. insurer wins $3.8 million from chiropractic clinics

A Webster, Mass.-based insurance company won a multi-million dollar civil insurance fraud lawsuit filed in Boston against chiropractic practices the insurer used to cover.   Read Story

The Doctors Co. buys FPIC Insurance Group for $362 million

The Doctors Co., the largest insurer of physician and surgeon medical professional liability, is buying FPIC Insurance Group, a medial professional liability company, for $362 million.  Read Story

Year-long probe busts alleged staged truck-crash ring in Louisiana

Eight people in Louisiana were indicted by a federal grand jury on charges stemming from an alleged staged crash ring operating for up to seven years.  Read Story

Attorney General Martha Coakley says Massachusetts businesses have been overcharged by nearly $1 billion on commercial auto insurance premiums over the last seven years.

Former CareFirst CEO can finally claim all $18 million of severance

William L. Jews, a former CEO of CareFirst, can now claim all $18 million of his severance, five years after he left his position leading Maryland's largest health insurer and three years after the payment was challenged by state officials.  Read Story

N.Y. company ‘improves, deepens’ offering with acquisition

An insurance brokerage and risk management firm, based in New York, N.Y., finalized its acquisition of a San Francisco, Calif.-based insurance broker.   Read Story

N.J. insurance department staff helping Alabama tornado recovery

The New Jersey Department of Banking and Insurance sent four staff members to assist in Alabama this week as part of a national volunteer effort to assist residents who suffered damages from tornadoes last month.  Read Story