Mid-Atlantic
BenefitMall merges with CompuPay, seeking faster growth
The country’s largest general insurance agency, BenefitMall, merged with CompuPay, a payroll solutions company, as it looks to accelerate its growth.
Nationwide Mutual Insurance Co. completed its merger with Harleysville Mutual Insurance Co., paying $834 million to expand its operations.
A non-insurance subsidiary of Markel Corp. acquired a majority interest in a manufacturer of wood for truck assembly that continues its plan to invest in and help grow businesses in niche markets.
Aetna to sell health plans to Costco members in Pa., Va., other states
National health insurer Aetna will offer individual health insurance to Costco members in nine states, including Pennsylvania and Virginia.
A Baltimore, Md., insurance broker pleaded guilty this month to stealing about $2.6 million from a New Jersey city school district and $216,495 from the city for a non-existent wellness program.
PIA, Realtors, FEMA push long-term NFIP extension as deadline nears
An insurance group, a national public safety organization and a federal government agency disagree on what action the government should take as the National Flood Insurance Program’s expiration looms May 31.
A Pennsylvania-based insurance education foundation is pursuing a formal affiliation with another insurance educational organization that works outside the industry.
A Costa Rican insurance company pleaded guilty April 20 in federal court in Richmond, Va., to a $670 million insurance fraud scheme, while its majority owner’s trial began this week.
A group of six states reached a $40 million “landmark” settlement today (April 23) with nine MetLife insurance companies that might return about $600 million to consumers nationwide.
An insurance agent for Larsen Global Marine in New Jersey was indicted for allegedly failing to remit insurance premiums she collected.

Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase
Most insurance agencies seeing better results than last year

Life insurers sell shares in British tech firm to Pa. company
FINRA estimate for IA SROs excludes monetary, administrative details
Most insurance agencies seeing better results than last year

Pa. broker adds $181,000 commission to $2.1M false insurance invoice
A.M. Best rates Pa.-based insurer’s outlook ‘negative’
With five-year plan stuck, House passes new short-term NFIP extension


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