New Jersey
Pa. insurance department liquidates First Sealord Surety Insurance
The Commonwealth Court approved the Pennsylvania Insurance Department’s petition to liquidate a Villanova, Pa.-based bond and surety company that experienced a “steep” drop in surplus.
Few employers think their workers understand their benefit packages, which can be corrected by one-to-one benefits counseling sessions during enrollment, a new survey says.
Mercury Insurance seeks agents, unveils new commercial auto product
Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business.
Most, least expensive 2012 car models to insure announced
The Toyota Sienna LE is the least expensive 2012 car model to insure while the 2012 Audi R8 Spyder Quattro, a two-seat V10 convertible, costs the most to insure, according to a new study.
Group representing 119 in Congress calls individual mandate illegal
The American Center for Law and Justice has filed a second brief with the U.S. Supreme Court, this time arguing against the individual mandate in the federal health reform law.
Nearly half (49%) of 401(k) plan sponsors are offering features to automatically increase participants’ contributions as they seek to improve their employees’ preparation for retirement, a new Deloitte study finds.
Insurer fined for charging unapproved rates on students’ policies
An Indiana-based insurer agreed to pay the $100,000 fine for charging unapproved rates to thousands of medical insurance policies for college students in Washington State.
The number of certified financial planners in the world could double in the next five years, according to the board chairman-elect of the Financial Planning Standards Board.
Liberty Life renamed Athene Annuity & Life Assurance
Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.
Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace
The largest specialty insurance brokerage in the U.S. acquired a New York-based 401(k) investment and advisory firm, seeking to expand its presence in the Northeast.

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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