Regional news: 
National
The Washington State Department of Labor & Industries (L&I) today proposed its lowest workers’ compensation rate increase in five years.
BB&T Insurance expands its California presence with acquisition
BB&T Insurance Services, the nation’s sixth largest insurance broker, today said it will expand its California operations with the acquisition of Liberty Benefit Insurance Services of San Jose, Calif.
Calif. regulator accuses life insurer of trying to deny LTC benefits
The California Insurance Department accused RiverSource Life Insurance Co. of unfair claims handling practices, including allegations that it developed practices designed to deny long-term care benefits to policyholders.
Owners can fix misclassification of workers as independent contractors
The Internal Revenue Service said it will allow businesses that improperly labeled their employees as independent contractors a chance to reclassify those workers.
U.S. Risk Insurance Group, the eighth largest managing general agency and surplus line wholesaler in the nation, acquired American Special Risk Insurance Services to expand its California presence.
“Dramatic shifts” in the investment advisor profession are forecast as advisors prepare for the Dodd-Frank Act, a provision of the federal financial service reform to be enacted next year.
Delaware’s request to exempt two state health insurers from the medical loss ratio (MLR) provision under the federal health care reform was rejected by the U.S. Department of Health and Human Services.
President Barack Obama supports reforming the National Flood Insurance Program (NFIP) by eliminating the premium subsidy for certain properties, an act that would help to save about $4.2 billion in the next decade.
Health agents, brokers join Enroll America’s effort to trim rolls of uninsured
A national trade group for health insurance agents and brokers is participating in Enroll America, a group waging a national effort to reduce the number of uninsured Americans and provide educational resources on both public and private coverage options.
With expiration nearing, NFIP could earn another short-term extension
The National Flood Insurance Program, set to expire Sept. 30, could be extended to Nov. 18 with anticipated congressional action, according to an industry trade group.
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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