Regional news: 
National
Virginia Gov. Bob McDonnell signed into a law a bill enabling the state insurance regulators to fight false certificates of insurance and those who request them.
Two insurance agent groups in New York said they will not appeal a state appellate court decision upholding the state’s broker disclosure rule.
A Puerto Rican group denounced State Farm Insurance for using former Indiana Hoosier basketball coach Bobby Knight in its TV advertisements appearing during NCAA March Madness men’s college basketball tournament games.
Annuity market ‘strong,’ poised to grow despite The Hartford’s exit
The Hartford’s decision to leave the individual annuity market doesn’t mean the insured retirement industry is struggling, according to the Insured Retirement Institute (IRI).
Judge favors AIG, approves $450M settlement for underreporting claim
A federal judge in Illinois approved a $450 million settlement to resolve the under-reporting of American International Group’s (AIG) market share in the workers’ compensation market.
The Hartford dropping annuities, to focus on property-casualty sales
The Hartford is giving up on individual annuities, saying it will run-off its individual annuity business and either sell or seek other alternatives for its individual life, financial services and retirement plan segments.
USI Insurance in Briarcliff Manor, N.Y., acquired an Itasca, Ill.-based property-casualty and employee benefits operation.
The most important issue to be addressed through the November presidential election is finding ways to improve the U.S. economy, according to the latest IFAwebnews.com poll.
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.
Supreme Court to release audio of health reform legal debate each day
The U.S. Supreme Court will depart from its normal practice and make audio recordings of the three days of hearings on the constitutionality of the federal health reform law available each afternoon.
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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