Regional news: 
National
With five-year plan stuck, House passes new short-term NFIP extension
The U.S. House of Representatives passed another 30-day extension of the National Flood Insurance Program, less than two weeks before the latest short-term extension is set to expire.
Health care cost at all-time high, despite lower rate of increase
The cost of health care this year for a family of four exceeds $20,000, a record high despite a lower rate of increase from past years.
A group of life insurers sold their shares in a United Kingdom-based financial services technology firm to an American technology firm, introducing its business to the UK, Europe and Asia.
Homeowners’ insurance policy premiums, on average, rose 19% between January and December 2011, according to the 2011 HomeInsurance.com RateReport.
FINRA estimate for IA SROs excludes monetary, administrative details
A consulting group found that FINRA’s estimate of the cost to create and manage a self-regulatory organization (SRO) for investment advisors (IA) underestimates overhead costs and overestimates IA examiner productivity.
Insurance agency owners say most saw greater profits in the first quarter than in the last year, according to the latest IFAwebnews.com poll.
New York has instituted new regulations requiring all life insurers marketing in the state to regularly search a government database of recent deaths, seeking deceased policyholders so beneficiaries who have not made claims can be paid.
A Texas appeals court upheld a jury’s finding that workers’ compensation death benefits must be awarded in the case of a man whose hydrocodone overdose was tied to an workplace injury.
Towers Watson boosts Medicare offerings with $435M Extend Health deal
Towers Watson, a professional services company based in New York, is acquiring Extend Health, which operates the largest private Medicare exchange in the U.S., as it seeks to expand its retirement services offerings.
NAIC’s framework on UL with secondary guarantees seen ‘positively’
A key ratings service said it “views positively” the draft framework proposed by state insurance commissioners for evaluating reserves of universal life products with secondary guarantees.
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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