National
Indexed annuities remain as insurance product with Dodd-Frank Act
The financial services reform legislation approved this month assures that indexed annuities will remain regulated as insurance products, not securities.
Members of the U.S. House of Representatives approved an extension of unemployment benefits to Nov. 30, retroactive to June 2.
Health Net of California, one of the largest health insurers in the state, says it will provide a $5,000 check to mid-sized employers if their employees’ Health Net identification cards are not in the mail within 10 days of their enrollment.
The U.S. Securities and Exchange Commission is investigating more cases resulting from the financial crisis, according to its chairwoman, who said the Dodd-Frank financial services reform bill passed this week will help.
House to debate ‘unnecessary’ addition of windstorm coverage to NFIP
The U.S. House of Representatives is scheduled today (July 22) to debate a bill that would expand the National Flood Insurance Program (NFIP) to include windstorm insurance coverage.
Financial services reform, with minimal tweaks for insurance, now law
President Barack Obama signed sweeping financial services regulatory reform into law today (July 21), creating a system of oversight designed to prevent future meltdowns of the financial services industry in the U.S.
Property-casualty forecast is positive, but weaker than GDP’s
The 2010 property-casualty industry forecast is for net premium growth of 1.4%, almost three times lower than the anticipated growth rate for the nation’s gross domestic product.
A Richmond, Va., insurance agent’s suit against LTC Financial Partners, the nation’s largest producer-owned long term care insurance agency, has been dropped, the company said.
Sovereign Banks to sell Liberty Mutual personal insurance products
Liberty Mutual is going to appoint up to 200 Sovereign Bank mortgage development officers to sell its auto, renters and personal liability policies in bank branches in eight states.
AMA urges health insurers to heal ‘flawed’ physician ratings
The American Medical Association has sent letters to the largest health insurers in the U.S., asking for immediate action to improve the accuracy, reliability and transparency of physician ratings.

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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