IFAwebnews » New York

Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act

Bob Graham — Fri, 25 May 2012 14:27:18 +0000

The U.S. Senate approved a 60-day extension to the National Flood Insurance Program, moving the program closer to avoiding expiration May 31.

Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act via IFAwebnews.

Senators strike deal to address National Flood Insurance Program

Bob Graham — Thu, 24 May 2012 13:56:37 +0000

A deal struck between two key senators appears to give new life to a possible five-year extension of the National Flood Insurance Program, which is set expire May 30.

Senators strike deal to address National Flood Insurance Program via IFAwebnews.

Pa. men charged in multi-state, ‘elaborate financial fraud scheme’

Bob Graham — Wed, 23 May 2012 02:32:49 +0000

Four Philadelphia-area men were accused of operating “an elaborate financial fraud scheme,” targeting more than 215 senior citizens in Pennsylvania and stealing more than $700,000.

Pa. men charged in multi-state, ‘elaborate financial fraud scheme’ via IFAwebnews.

Health care cost at all-time high, despite lower rate of increase

Jaime L. Brockway — Fri, 18 May 2012 10:01:45 +0000

The cost of health care this year for a family of four exceeds $20,000, a record high despite a lower rate of increase from past years.

Health care cost at all-time high, despite lower rate of increase via IFAwebnews.

N.Y. forces life insurers to seek out beneficiaries every three months

Bob Graham — Tue, 15 May 2012 11:09:18 +0000

New York has instituted new regulations requiring all life insurers marketing in the state to regularly search a government database of recent deaths, seeking deceased policyholders so beneficiaries who have not made claims can be paid.

N.Y. forces life insurers to seek out beneficiaries every three months via IFAwebnews.

Towers Watson boosts Medicare offerings with $435M Extend Health deal

IFAwebnews Staff — Mon, 14 May 2012 13:49:59 +0000

Towers Watson, a professional services company based in New York, is acquiring Extend Health, which operates the largest private Medicare exchange in the U.S., as it seeks to expand its retirement services offerings.

Towers Watson boosts Medicare offerings with $435M Extend Health deal via IFAwebnews.

NAHU asks members to call senators to get broker compensation exempt

Bob Graham — Fri, 11 May 2012 13:58:54 +0000

The National Association of Health Underwriters is urging its membership to contact their senators to support a bill that would exempt agent and broker commissions from the medical loss ratios controlling health insurers' spending.

NAHU asks members to call senators to get broker compensation exempt via IFAwebnews.

More CDHP use may spur unintended consequences for U.S. health care

Bob Graham — Wed, 09 May 2012 15:20:11 +0000

Wider use of consumer-directed health plans could dramatically change the landscape of health care and coverage in the U.S., a new study suggests.

More CDHP use may spur unintended consequences for U.S. health care via IFAwebnews.

New York fines 15 insurers $2.7 million for violating Timothy’s Law

Bob Graham — Tue, 08 May 2012 21:11:07 +0000

New York insurance regulators fined 15 insurers a total of $2.7 million for failing to notify small businesses of their eligibility to buy special coverage.

New York fines 15 insurers $2.7 million for violating Timothy’s Law via IFAwebnews.

Virginia ends moratorium on Shenandoah Life policy payments

Bob Graham — Tue, 08 May 2012 15:59:20 +0000

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.

Virginia ends moratorium on Shenandoah Life policy payments via IFAwebnews.