Regional news: 
New Jersey
Virginia ends moratorium on Shenandoah Life policy payments
The three-year moratorium on payments to policyholders of Shenandoah Life Insurance Co. has come to an end with the insurer’s sale, Virginia insurance regulators say.
A federal jury in Richmond, Va., found the president of a Costa Rican company that sold reinsurance bonds to life settlement companies guilty of carrying out a $500 million fraud scheme that affected more than 2,000 victims throughout the United States and abroad.
Younger buyers are leading to more critical illness claims filed by those under 55 years old, new research suggests.
BenefitMall merges with CompuPay, seeking faster growth
The country’s largest general insurance agency, BenefitMall, merged with CompuPay, a payroll solutions company, as it looks to accelerate its growth.
A Baltimore, Md., insurance broker pleaded guilty this month to stealing about $2.6 million from a New Jersey city school district and $216,495 from the city for a non-existent wellness program.
PIA, Realtors, FEMA push long-term NFIP extension as deadline nears
An insurance group, a national public safety organization and a federal government agency disagree on what action the government should take as the National Flood Insurance Program’s expiration looms May 31.
A Costa Rican insurance company pleaded guilty April 20 in federal court in Richmond, Va., to a $670 million insurance fraud scheme, while its majority owner’s trial began this week.
An insurance agent for Larsen Global Marine in New Jersey was indicted for allegedly failing to remit insurance premiums she collected.
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.
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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