Regional news: National
Employers, brokers disagree over when health reform subsidies apply
Employers and insurance brokers are arguing with consumer advocates over the affordability definition in the federal health care reform used to determine employees’ eligibility for tax credits to purchase insurance.
A group of six states reached a $40 million “landmark” settlement today (April 23) with nine MetLife insurance companies that might return about $600 million to consumers nationwide.
Job losses and changes force most terminations of health insurance
The majority of people who lost employer-sponsored health insurance last year either lost or changed jobs, or began working part-time, a new study finds.
A New York investigation into how insurance companies track life insurance policyholders and their beneficiaries resulted in more than 32,000 payments totaling $262.2 million, more than four times its tally in December.
About 200,000 people were paid $6.6 billion in long-term care insurance benefits in 2011, with Alzheimer’s disease the top reason for policies to pay out, a new report suggests.
Insurers see some earnings blown away by 2011 tornado season
Net losses from catastrophes last year hurt property-casualty insurers’ earnings last year, but they still remained profitable, according to a new analysis.
Insurance premium taxes help fiscal 2011 state collections rise
Increased revenue from premium taxes paid by insurance companies helped boost overall state government tax collections in fiscal 2011.
CFP Board to publicize bankruptcy cases, ease application process
The Certified Financial Planner (CFP) Board of Standards decreased the amount of experienced needed to become a CFP professional and made bankruptcy cases available to the public, among other disciplinary changes.
Kemper Corp., a Chicago, Ill.-based personal and commercial auto insurance provider, is changing the name of its Unitrin Specialty business to Kemper Specialty.
UnitedHealthcare has agreed to provide its members with immediate coverage of behavioral therapy for autism in California.
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
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