Regional news: 
National
Mississippi Gov. Haley Barbour has vetoed the allocation of $20 million by state legislators to subsidize the state’s Windstorm Underwriting Association (Windpool), calling such a move “not only unacceptable, but irresponsible.”
A national small business group has joined 20 states in challenging the constitutionality of the Patient Protection and Affordable Care Act, highlighting measures under federal health reform that could “devastate” its members.
National insurance companies are defending their business practices after being included on a list released by the California Department of Insurance of those refusing a voluntary moratorium on future investments in firms linked to Iran.
Insurers raised $38.6 billion, led by life insurance companies
The U.S. insurance industry raised $38.6 billion in capital from the first quarter of last year through the first quarter of this year, with most of the capital raised in the second quarter of 2009, according to Fitch Ratings’ Insurance group.
An Oklahoma County District Court judge has ruled that an insolvent property-casualty company is now in the hands of state regulators.
Touting the nearly $3 billion federal anti-fraud efforts brought into federal coffers last year, government officials say the Patient Protection and Affordable Care Act will do even more to assist in fighting additional fraud and waste.
Baltimore least safe, five Michigan cities among most safe for drivers
Baltimore, Md., ranked as the least safest city for motorists, while five cities in Michigan – the birthplace of the automobile – were among the safest cities, according to a new survey from an online insurance company.
Regulators in South Carolina have issued an emergency cease and desist order against two state residents and several individuals and companies, in what they are calling a “nationwide, multimillion dollar health insurance fraud scheme.”
Liberty Mutual Agency Corp., a property-casualty insurance provider, filed paperwork May 10 to go public with a $100 million initial public offering.
April showers and storms brought a decline in U.S. application activity for individually written life insurance, according to the MIB Life Index.
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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