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P-C leaders say market hardening, financial crisis in back window
Not only do property-casualty insurance industry leaders believe the financial crisis is behind them, but they also believe rates are hardening, a new study finds.
HCC says Pioneer General now part of American Contractors Indemnity
Houston’s HCC Insurance Holdings said Pioneer General Insurance Co. will merge into American Contractors Indemnity Co., both of which are wholly owned subsidiaries of HCC.
About 30 health insurance agents and brokers in Florida sent letters to the state insurance commissioner’s office, urging him to work harder to free their commissions from the administrative portion of the new medical loss ratios included in health reform.
A Cleveland, Ohio-based business services provider bought the employee benefits and retirement section from Advantage Benefit Planning (ABP), based in Pleasantville, N.J.
Keystone Insurers Group eyes expansion into Georgia by June
A Northumberland, Pa.-based company with more than 230 independent insurance agency franchise partners in seven states, intends to add partners in Georgia in the second quarter.
SEC issues two alerts over risks posed by advisors using social media
The U.S. Securities and Exchange Commission issued two alerts pointing out risks investors and advisory firms face when using social media like LinkedIn and Facebook.
A New Jersey superior court dismissed all claims in franchise lawsuits filed against Allstate New Jersey Insurance Co., based in Bridgewater, N.J.
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.”
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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