Regional news: 
National
Old Mutual plc, a London-based financial services firm, is selling Baltimore-based U.S. life insurance unit to a New York private investment fund for $350 million.
Pennsylvania’s insurance commissioner, Joel Ario, is taking a position in the Obama Administration, where he will direct the creation of health exchanges.
California Insurance Commissioner Steve Poizner said new regulations designed to combat illegal rescissions will go into effect on August 18.
American International Group appears to be making progress toward paying back the remainder of what it owes on the $182.3 billion federal bailout.
Bollinger, a Short Hills, N.J.-based firm and frequent buyer of insurance agencies, acquired David Szerlip and Associates of Berkeley Heights, N.J.
Medicare earned an estimated 12 additional years of solvency because of federal health reform, the Obama Administration said in a recent report.
Securities regulators in Pennsylvania and other states are warning investors to keep an eye out for “mutations of old schemes and themes” as con artists seek to profit from new federal financial reform legislation.
Voters in Missouri rejected the federal mandate requiring every U.S. resident to obtain health insurance, starting in 2014.
Report: Carrier switches account for one-third of new voluntary sales
More than a third of the new voluntary sales appear to be the result of one carrier taking over another’s plan, according to the U.S. Worksite Sales Report.
Reforms to provide temporary defined-benefit pension funding relief
Federal reform legislation will enable employers that sponsor defined benefit (DB) pension plans to potentially receive billions of dollars in temporary pension funding relief, according to a new analysis.
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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