Regional news: 
New Jersey
Fitch: P-C insurers’ numbers should be ‘improve’ this year
Property-casualty insurers should report “improved” operating results this year, after being hurt by heavy catastrophe-related losses and weak earnings in 2011, according to Fitch Ratings.
Willis investigating $28 million in fraudulent commissions, fees
Insurance broker Willis Group Holdings has begun an internal investigation into its discovery of about $28 million in fraudulent overstatements of commissions and fees between 2005 and 2011 in its employee benefits operations.
Annuity sales in 2011 grew 7.7%, fueled in large part by a 28% increase in net variable-annuity sales during the year.
Independent Adjustment Co. opening New Jersey office
A Patchogue, N.Y.-based insurance adjustment company is opening an office to serve the northern and western portions of New Jersey, according to company officials.
A group of 36 people was accused of an alleged scheme to defraud New York insurers of more than $279 million in the largest alleged single no-fault automobile insurance fraud charge ever.
N.Y. insurer, N.J. processing agent probed over Calif. fire claims
California insurance regulators initiated administrative action against New Hampshire Insurance Co. and its claims processing agent over their handling of claims after a 2008 fire in Sylmar, Calif.
Nearly half of the people who bought individual critical illness insurance policies last year were younger than age 45, according to a new report.
Commercial insurance rates up 2%, shows market ‘turning slowly’
The composite commercial insurance rate index rose 2% in February, according to MarketScout, which does a monthly analysis of various lines.
The New Jersey Association of Health Underwriters (NJAHU) is hosting the 2012 State of the State: the New Landscape of Health Care in New Jersey March 7 at the Robert Wood Johnson University Hospital courtyard in New Brunswick, N.J.
Md. TPA offers its national Healthy Solution for employee health costs
A health insurance administrator, based in Maryland, is offering a new approach toward health and wellness, hoping it will bend the curve on health costs for its clients.
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
Loading ...