Regional news: 
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Senate, House have different views on future of National Flood Insurance Program
The U.S. Senate unanimously extended the National Flood Insurance Program (NFIP) through May 31, 2012, and the House of Representatives passed a bill reforming and extending it for five years the NFIP.
A national advocacy group asked a Kansas federal judge to reject the state’s request to prohibit the group’s claim arguing that a law restricting insurance coverage for abortion discriminates against women.
The majority of insurance agency owners say they will not be giving bonuses or gifts to their employees to celebrate the holidays or the end of the year, according to the latest IFAwebnews.com poll.
Majority of people think insurers intentionally put off paying claims
The majority of adults (59%) in a recent online poll said they thought most insurers intentionally delay the payment of claims.
Insurance companies back NTSB’s call for driver texting, cellphone ban
An insurance industry trade group, representing about 300 insurers, says it supports the National Transportation Safety Board’s call for a ban on texting and using cellphones while driving.
Most insurance agents say they refer, eschew clients’ tax issues
The majority of insurance agents say they refer their clients seeking tax services to an accountant or certified public accountant, according to the latest IFAwebnews.com poll.
Sun Life to halt variable annuity, individual life sales in U.S.
Sun Life Financial announced that it will stop selling new variable annuity and individual life products in the U.S., effective Dec. 30.
Walgreens, Tricare battle over rates could jeopardize drug coverage
A spat between Walgreens and U.S. Department of Defense’s Tricare pharmacy benefits program could prohibit nearly 6 million enrollees from obtaining medications from the company’s pharmacies next year.
Chartis procures $575M protection against hurricanes, earthquakes
A New York, N.Y.-based insurance company entered a reinsurance agreement with another insurer that will provide $575 million in protection against hurricanes and earthquakes in the U.S.
Life insurance application activity showed a meager 0.5% gain in November, although researchers said the “no change” status signaled a “positive tone.”
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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