Former insurance commissioner Goldman joins N.J. bank board

Steven M. Goldman, a former New Jersey insurance commissioner, has joined the board of directors for Englewood Cliffs, N.J.-based North Jersey Community Bancorp.  Read Story

Maryland’s health insurance rate review process evolves

The Maryland Insurance Administration (MIA) announced changes to the state’s health insurance rate review process after a study advised it needed more transparency and better access for consumers.  Read Story

Consumer-directed health plans increase in number, decrease savings

The number of consumer driven health plans (CDHPs) continues to grow, leading to a decline in the percentage of savings from these plans, a new study says.  Read Story

Insurance agents could feel East Coast earthquake’s shock waves

Ryan Erdman, an insurance agent at TAMRAC Insurance Group in Hunt Valley, Md., has never sold coverage for an earthquake – yet.  Read Story

BOYNTON BEACH — Blue Cross Blue Shield of Florida Inc. on Wednesday struck a deal to open a retail insurance store in Boynton Beach.

Former Marsh executives sue Spitzer for $90 million over statements

Former New York Gov. Eliot Spitzer is accused in a $60 million defamation suit of falsely suggesting that a former insurance executive was criminally responsible for insurance-fraud schemes.  Read Story

‘Unprecedented’ rise in applications filed for life insurance in July

Applications filed for individually underwritten life insurance increased 2.1% in July, an “unprecedented” increase for the month, according to the MIB Life Index.  Read Story

AIG hopes Supreme Court ruling kills class-action filing

American International Group joined a cadre of banks asking a federal court to block a proposed nationwide class-action suit against them over the global insurer’s near-collapse three years ago.  Read Story

CFP board seeks comment on experience, disciplinary rule changes

The Certified Financial Planner Board of Standards' has opened public comment periods for its proposed amendments to its experience requirement for initial CFP certification and changes to its disciplinary rules.  Read Story

Many times in business, much like in life, a person’s perspective determines one’s morale or attitude more so than any actual situation does. Many companies will make statements such as the morale of the team is down because of recent company changes, cuts in benefits and employee layoffs.  Read Story