Regional news: 
Life Insurance News
MetLife, because of its ownership of MetLife Bank, an online retail unit, was forced to submit to the Federal Reserve’s stress testing and failed, possibly because it was “unfairly penalized” by regulators.
Marsh & McLennan Agency’s mid-Atlantic region will have expanded employee-benefits services with its acquisition of KSPH LLC of Glen Allen, Va.
A disbanded congressional committee said the federal government should end its “special tax deal” with American International Group (AIG) that has resulted in $17.7 billion in profits for the company since 2008.
A Virginia man was sentenced to almost five years in prison for his role in an investment scam that cost investors about $815,000.
Annuity sales in 2011 grew 7.7%, fueled in large part by a 28% increase in net variable-annuity sales during the year.
OneAmerica, based in Indianapolis, Ind., saw its retirement business have its most successful year in all major sales categories last year, as well as retain 95% of existing business.
Nearly half of the people who bought individual critical illness insurance policies last year were younger than age 45, according to a new report.
Banks, credit unions win by luring insurance, investment clients
Insurance agents and financial service professionals may face additional threats from banks based on new research, which shows that financial institutions who allow investment and insurance products create a stronger relationship with their members.
Rep. Royce asks NAIC to answer if it is regulatory or ‘private group’
A congressman from California is asking the organization representing state insurance commissioners to explain what it meant last summer when it said it wanted to “to brand itself as a ‘standard-setting organization.”
Many middle-income baby boomers are waiting to retire until they are eligible for Medicare, yet more than half admit to knowing little or nothing about the program, a new study says.
Federal health exchange officials too busy to worry about Supreme Court
Federal health reform would add 100,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Combination life insurance product sales rise at ‘remarkable rate’
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Small business worries about its role in retirement planning
Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Wharton School establishes new risk and insurance program
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