New York
Insurer fights paying Sony cyber insurance after hacking
An insurer for Sony Corp. asked a court to excuse it from paying the conglomerate’s legal defense after a data breach in April, and challenged Sony’s other insurers to define the extent of their coverage.
NFIB: White House’s small biz health insurance tax credit numbers off
The National Federation of Independent Business has a bone to pick with the Obama Administration’s estimates of how many small business owners will qualify for new health insurance tax credits.
A court in New York has given its preliminary approval to a settlement in a suit involving the alleged under-reporting of American International Group’s market share in the workers’ compensation market to trim its payments to state insurance pools.
WIFS collects $285,000 in 2011 sponsorship funds from insurers
An Albany, N.Y.-based organization dedicated to advancing the careers of women announced its 2011 industry partners, whose sponsorship shows their dedication to supporting women in insurance and financial services careers, according to the group.
Allstate agents, stung by 20% cut in pay, to vote on unionizing
Many Allstate Insurance agents will soon vote on whether to become a guild of the Office and Professional Employees International Union (OPEIU).
A Houston, Texas-based marine contracting corporation recently filed a suit against a group of insurers on grounds that it was never responsible for paying about $500,000 to an injured maritime … Read →
The second-quarter decline in individually underwritten life insurance applications was less than in prior years.
House approves five-year extension of National Flood Insurance Program
The U.S. House of Representatives passed a bill that would extend the National Flood Insurance Program for five years.
The independent insurance agent and broker channel is alive and well nationally, especially in New York, where it grabbed a bigger market share than the national average, according to a trade group.
A New York-based national provider of benefits, insurance and wealth management services acquired an Arizona-based property-casualty brokerage.

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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