National
Texas insurance regulators expect a decision soon from the Obama Administration on whether they can delay forcing insurers to pay rebates to health plan members if the companies exceed new medical loss ratio requirements.
Prudential offers ‘optimism,’ despite concern, for financial markets
Prudential’s market experts showed “optimism” for gains in the financial markets this year, but said some risks could weigh on investors’ earnings.
Federal securities regulators say a Texas-based life-settlement firm and three of its senior executives “systematically and materially underestimated the life expectancy estimates,” which in turn caused its shareholders to be “duped.”
ANNAPOLIS, MD — A group tasked with implementing federal health reform in Maryland is recommending that insurance agents and brokers continue to sell small-group health insurance when health exchanges begin operating in the state.
The rapper and hip hop mogul Jay-Z has been freed of an $18,000 workers’ compensation judgment in New York.
Coventry Health Care said it completed its acquisition of the business of Children’s Mercy’s Family Health Partners, a Medicaid health plan operated by Children’s Mercy Hospital in Kansas City, Mo.
The organization representing state insurance commissioners is promoting life insurance as an “overlooked” potential source of immediate funds.
IIABNY: Insurers, not agents, should disclose policy cancellations
An insurance trade group in New York says that insurance companies, not agents, should be responsible for informing all concerned parties of pending policy cancellations.
Richmond, Va.-based Markel Corp. said it completed its acquisition of Thompson Insurance Enterprises, which operates as THOMCO.
LPL buying Maryland-based firm providing high net-worth solutions
LPL Financial, the nation’s largest independent broker-dealer, plans to acquire Fortigent, a Rockville, Md.-based provider of high-net-worth solutions and consulting services to RIAs, banks, and trust companies.

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


Regional news: 







