Man says he robbed N.C. bank to obtain health insurance

A Charlotte, N.C.-area man who lacked health insurance says he robbed the RBC Bank in Gaston County, N.C., earlier this month so he could obtain health coverage – in prison.  Read Story

White House seeks fix to unintended middle-class access to Medicaid

The Obama Administration said this week it would seek to resolve the fact that beginning in 2014 that about 3 million people who are married with household income of up to $64,000 a year would qualify for Medicaid.  Read Story

UnitedHealth takes fight with Humana for Tricare contract to court

UnitedHealth has filed suit against the U.S. Defense Department over its awarding of the Tricare South Region contract to Humana, who it took the contract from two years ago.  Read Story

Symetra acquires stop-loss policies after company exits business

A Bellevue, Wash.-based subsidiary of Symetra Financial Corp. is paying $26 million to acquire the renewal rights for some OneAmerica Financial Partners’ medical stop-loss insurance policies.  Read Story

Anthem Blue Cross to half its small-group premium hikes in Calif.

Anthem Blue Cross in California has agreed to cut its quarterly premium in half, dropping it to 3% on average for some products in its small-group market.  Read Story

NAIFA-PA honors members, installs officers at annual convention

The Pennsylvania chapter of the National Association of Insurance and Financial Advisors (NAIFA) awarded its highest honor, the Keystone Award, to Kent Bennett during its annual convention at the Lancaster Host Resort in Lancaster, Pa.  Read Story

PRSA honors IWIF for its English/Spanish safety pocket guides

IWIF Workers’ Compensation Insurance earned a 2011 Bronze Anvil Award of Commendation from the Public Relations Society of America (PRSA) for superior performance in the design and execution of an individual public relations tactic within a broader public relations campaign.  Read Story

Linked-benefit products spur 62% combined individual life sales surge

New premium sales of individual life combination products rose 62% in 2010, reaching $1.2 billion, boosted by linked-benefit products, according to LIMRA. The increase marks the second straight year of double-digit growth.  Read Story

Employers worrying about effects of health reform mandate on them

Nearly three-quarters (70%) of employers are concerned about the potential effects of the federal health reform law’s employer mandate.  Read Story

A former director of Missouri Employers Mutual Insurance Co. was indicted in March for embezzlement. Another director was indicted in April for bank fraud, then indicted again this week for ...  Read →  Read Story