Virginia
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Two U.S. senators introduced a bill that seeks to “place reasonable and affordable caps” on health insurance fees, deductibles and pharmacy co-payments for retirees from the military as federal officials plan to start shifting more costs to them.
With five-year plan stuck, House passes new short-term NFIP extension
The U.S. House of Representatives passed another 30-day extension of the National Flood Insurance Program, less than two weeks before the latest short-term extension is set to expire.
Health care cost at all-time high, despite lower rate of increase
The cost of health care this year for a family of four exceeds $20,000, a record high despite a lower rate of increase from past years.
Homeowners’ insurance policy premiums, on average, rose 19% between January and December 2011, according to the 2011 HomeInsurance.com RateReport.
Court rebukes Pa. insurance regulator for Penn Treaty liquidation plan
A Pennsylvania court – for the first time – rejected a Pennsylvania insurance regulator’s plan to liquidate two long-term care insurance companies.
NAHU asks members to call senators to get broker compensation exempt
The National Association of Health Underwriters is urging its membership to contact their senators to support a bill that would exempt agent and broker commissions from the medical loss ratios controlling health insurers’ spending.
More CDHP use may spur unintended consequences for U.S. health care
Wider use of consumer-directed health plans could dramatically change the landscape of health care and coverage in the U.S., a new study suggests.
Virginia ends moratorium on Shenandoah Life policy payments
The three-year moratorium on payments to policyholders of Shenandoah Life Insurance Co. has come to an end with the insurer’s sale, Virginia insurance regulators say.
A federal jury in Richmond, Va., found the president of a Costa Rican company that sold reinsurance bonds to life settlement companies guilty of carrying out a $500 million fraud scheme that affected more than 2,000 victims throughout the United States and abroad.
GEICO is offering new, lower commercial auto rates in Maryland after implementing a new rating structure in the state implemented last year.

Federal health reform would add 10,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Health care cost at all-time high, despite lower rate of increase

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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