Insurer reconsiders, pays $2.5M claim of Joplin tornado hero

A Lansing, Mich.-based insurance company, after first rejecting a claim, agreed to pay a man who was injured in the Joplin tornado while trying to save three men in a group home.  Read Story

Majority see stock market ‘chugging along’ for rest of year

The stock market is going to appear at the end of this quarter to be in the same state as it is now, according to the latest IFAwebnews.com poll.  Read Story

Even the best-intentioned, savviest business plans can fail if the organization lacks consistent employee commitment. But you can’t just mandate commitment. Organizations that achieve the promise of their business plan are able to create “positive accountability” – a powerful, healthy culture that results from goal alignment and workforce engagement.   Read Story

Six health insurers agree to open books when seeking N.Y rate hikes

Six health insurance companies have agreed to end the secrecy over their requests for rate increases, according to Benjamin M. Lawsky, superintendent of New York's new Department of Financial Services.  Read Story

Former N.H. insurance agent accused of exploiting elderly client

A former MetLife insurance agent in New Hampshire is facing administrative actions in the state after two state agencies say he exploited an elderly client.   Read Story

Insurer banned from R.I. for three years, pays $2.3M restitution

A health insurer was banned from operating in Rhode Island for three years and ordered to pay more than $2.3 million in restitution after allegedly engaging in illegal underwriting practices.  Read Story

TIAA-CREF Life, M Financial sign joint insurance marketing deal

TIAA-CREF Life Insurance Co. a financial services company with offices across the U.S. and Canada have formed a life insurance marketing agrement.  Read Story

OKLAHOMA CITY – Oklahoma lawmakers heard very different predictions about the chances that the legal challenges to the federal health-care law will be resolved before the 2012 presidential election and ...  Read →  Read Story

Colo. health plan owner admits defrauding, embezzling up to 250 clients

The owner and operator of a Colorado health plan company pleaded guilty to several charges related to his defrauding and embezzling medical benefit clients of up to $7 million.  Read Story

Equias Alliance was selected by 10 state associations, including Maryland Bank Services and the Pennsylvania Bankers Association Services Corp., as their exclusive provider for bank-owned life insurance (BOLI), and executive and director benefits consulting services.  Read Story