Regional news: National
The Minnesota Department of Commerce has suspended the insurance license of a life insurance agent it alleges used fraudulent means to purchase 44 life insurance policies for one man totaling … Read →
Consumers who choose high-deductible health plans (HDHPs) favor lower cost care options, including generic drugs over brand drugs and efforts to improve their wellness.
“Our research concludes that people are beginning … Read →
AXA Equitable Life Insurance Co. is revamping its flagship Athena Universal Life insurance policy.
The new policy is described by the company in a statement as “an innovative, hybrid development in … Read →
Aon Corp. to partner with minority-owned risk managers
Aon Corp. is hoping to build its business by developing more relationships with minority-owned risk management and consulting companies, the company announced.
Aon Cornerstone Innovative Solutions is an entrepreneurial growth strategy … Read →
Nationwide sued over insufficient health coverage claims
A lawsuit has been filed in U.S. District Court in Seattle on behalf of 400 plaintiffs alleging that Nationwide Insurance “unfairly and deceptively” sold them health insurance plans.
The class-action lawsuit, … Read →
AIG reaches deal to sell auto unit to Zurich for $1.9 billion
After a few days of speculation, American International Group announced it has a deal in place to sell its auto insurance unit to Farmers Group, Inc., a subsidiary of Swiss … Read →
Nationwide ad campaign to focus on true agent stories
Nationwide has dropped the “Life Comes at You Fast” national advertising campaign for a new one, “I Am on Your Side,” where insurance agents will share true stories of how … Read →
A long-term care insurer bought the long-term care insurance business of Combined Insurance Co. of America.
MedAmerica is paying $70 million for the block of 11,000 contracts from Combined Insurance, which … Read →
Senator queries health insurers on reimbursement data
Picking up where he left off last month, Sen. John “Jay” Rockefeller (D-W. Va.) has asked 18 of the nation’s largest health insurers for more information on how they reimburse … Read →
ING Life Companies introduced a new indexed universal life insurance product, ING Indexed Universal Life-CV, that it says offers traditional universal life benefits with the opportunity to earn an index … Read →
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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