Maryland
GEICO was fined $100,000 by Washington State officials and ordered to refund about $7.5 million in overcharges to thousands of its customers in the state.
P-C sector remains ‘stable,’ although future borders on ‘negative’
A global ratings agency predicts a stable outlook for the U.S. property-casualty insurance sector in 2012 after this year’s weak profitability.
Murray Risk Management to buy competitor based in Lancaster
Murray Risk Management and Insurance in Lancaster, Pa., is buying an in-town brokerage competitor, The Securus Group, and its subsidiaries.
The defined benefit actuarial consulting operations of PSA Insurance & Financial Services have been sold to a Cleveland-based professional services company.
Baltimore County’s Health Care Review Committee agreed to extend health care benefits to same-sex couples legally married in other states, starting Jan. 1, 2012.
Senate, House have different views on future of National Flood Insurance Program
The U.S. Senate unanimously extended the National Flood Insurance Program (NFIP) through May 31, 2012, and the House of Representatives passed a bill reforming and extending it for five years the NFIP.
The majority of insurance agency owners say they will not be giving bonuses or gifts to their employees to celebrate the holidays or the end of the year, according to the latest IFAwebnews.com poll.
A Jacksonville, Fla.-based Blue Cross/Blue Shield insurance subsidiary agreed to acquire Pittsburgh, Pa.-based Highmark‘s Medicare subsidiary.
Majority of people think insurers intentionally put off paying claims
The majority of adults (59%) in a recent online poll said they thought most insurers intentionally delay the payment of claims.
Insurance companies back NTSB’s call for driver texting, cellphone ban
An insurance industry trade group, representing about 300 insurers, says it supports the National Transportation Safety Board’s call for a ban on texting and using cellphones while driving.

Obama to force insurers to give out birth control when employers won’t
Group representing 119 in Congress calls individual mandate illegal
Insurer fined for charging unapproved rates on students’ policies

Brokerage firm pays $3.3M for bad-mouthing insurance broker
Employee benefit offerings only as good as the discussion about them
Sponsors of 401(k)s adding features to boost participants’ investment

Mercury Insurance seeks agents, unveils new commercial auto product
Most, least expensive 2012 car models to insure announced
Two insurance agents allegedly stole $422,000 from family brokerage


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