NCPERS to use D.C. insurer’s fiduciary liability program

The largest trade association of public-sector retirement funds endorsed a Washington, D.C.-based insurer's fiduciary liability insurance program for its members.   Read Story

Ohio business owner skirted state workers’ comp. law, state warnings

A Newark, Ohio, man who operated his business for more than a decade without proper workers’ compensation insurance, was sentenced to 90 days in jail, which was suspended, and ordered to pay $205,000 in restitution.  Read Story

Health insurer trio launches cost-saving defined contribution program

A Michigan-based firm says it experienced health cost savings after investing in a private exchange and defined-contribution plan designed by three Blue health insurers to simplify insurers' health benefit offerings.  Read Story

Federal appeals court in D.C. rules health reform law constitutional

A federal appeals court in Washington, D.C., ruled 2-1 in favor of the constitutionality of the individual mandate, a key provision in the federal health reform law.  Read Story

Pa. estate, planning lawyer accused in $8.5 million Ponzi scheme

An estate and financial-planning lawyer in Philadelphia, his father and several investment brokers in New Jersey were accused of operating an $8.5 million Ponzi scheme that allegedly defrauded 73 investors.  Read Story

Two Florida home insurers ink deal on 79,000 policies

Homeowners Choice, a Florida-based insurance holding company, said its wholly owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Co., acquired the Florida policies of HomeWise Insurance Co.  Read Story

Value to workers, not cost-cutting, key voluntary-benefits driver

Employers are offering voluntary benefits more to benefit their employees than to cut costs, n cost driven, according to new research.  Read Story

La. insurance agent license suspended after alleged fraud, forgery

A Shreveport, La., insurance agent was arrested Nov. 3 for alleged insurance fraud and forgery and has had her insurance license in that state suspended.  Read Story

All leadership begins with “self-leadership.” Before any leader can aspire to lead a thriving enterprise they must first master leading an organization of one.  Read Story

Marsh & McLennan Agency continues Northeast expansion

Marsh & McLennan Agency, a subsidiary of insurance broker Marsh Inc., acquired the employee benefits division of a Marlborough, Mass.-based agency, adding about $600,000 in annual revenue to its middle-market operations.  Read Story