National
New insurance requirements for fireworks manufacturers have set off legal sparks in Michigan, as the companies have filed suit against the state.
The number of certified financial planners in the world could double in the next five years, according to the board chairman-elect of the Financial Planning Standards Board.
Liberty Life renamed Athene Annuity & Life Assurance
Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.
California’s insurance commissioner announced the end to a pair of civil suits, filed over his agency’s efforts to force insurance companies to stop investing in corporations working in Iran.
Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace
The largest specialty insurance brokerage in the U.S. acquired a New York-based 401(k) investment and advisory firm, seeking to expand its presence in the Northeast.
Bravo Health’s sale to Cigna gets Maryland regulator’s approval
The Maryland Insurance Administration has approved the Cigna‘s acquisition of Bravo Health, a Baltimore, Md.-based operator of Medicare Advantage plans.
A bipartisan, companion Senate bill to the House bill excluding insurance agent compensation from medical loss ratio (MLR) calculations will be introduced in a few days, although the political environment makes its passage uncertain.
The Obama Administration rejected Texas’ request that it be allowed to phase in federal health reform‘s medical loss ratio to prevent the state’s health insurance market from destabilizing.
The number of claims resolved through an inter-insurance dispute resolution organization’s services set a record in 2011, with nearly 520,000 claims resolved.
Arthur Gallagher expands Upstate New York footprint with Albany deal
Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency, an Albany, N.Y.-based retail insurance broker allowing it to significantly expand its Upstate New York presence.

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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