Ohio tying of insurance license renewals to compliance partially panned

One-third of participants in the latest IFAwebnews.com poll say that Ohio's plan to review all insurance agents for tax and workers' compensation law compliance prior to renewing their licenses is unfair.  Read Story

Rutherfoord shuffles its leadership, names new president

Rutherfoord, a Richmond, Va.-based risk management and insurance brokerage firms, has promoted John C. Stanchina to company president.  Read Story

Arthur J. Gallagher buys investment advisor with offices in D.C., N.J.

Arthur J. Gallagher & Co. has bought a national institutional investment advisory firm, based in Washington, D.C., with an office Newark, N.J.  Read Story

California Assembly passes ‘excessive’ health premium hike bill

California Insurance Commissioner Dave Jones said a bill passed by state lawmakers “levels the playing field” for health insurance in the state.  Read Story

Even as she insisted that she was not trying to undermine Mitt Romney’s presidential campaign announcement today, Sarah Palin sharply criticized Romney’s universal health care law while touring ...  Read →  Read Story

Pa. auditor says tobacco funds should be returned to health programs

Pennsylvania Auditor General Jack Wagner has issued a report, based on comments at five public hearings held across the state, that suggests that state residents want tobacco settlement money to be used for health-related programs.  Read Story

Pa. insurance agent admits to misappropriating $800,000

A Salix, Pa. man has lost his Pennsylvania insurance license after regulators discovered he misappropriated more than $800,000.   Read Story

Delaware AG: Blues must create foundation to protect assets in state

Delaware Attorney General Beau Biden has ruled that BlueCross BlueShield of Delaware's (BCBSD) proposed affiliation with Highmark Inc. a “not-for-profit conversion,” meaning a foundation must be established to protect members in the state.  Read Story

R.I. disc jockey, politician linked to insurance fraud at home

A Rhode Island radio personality and a a former town council president are expected to admit this week to their roles in an insurance fraud scheme involving damage to a home and pool, according to media reports.  Read Story

U.S. House weighs new call to end health insurers’ antitrust exemption

Another call to end the antitrust exemption enjoyed by health insurers has been offered in Congress, where a measure last year couldn't gain Senate support.  Read Story