New York
A New York-based insurer, QBE, said its subsidiary, Sterling National Corp., has acquired Seattle Specialty Insurance Services.
A man from Woodbury, N.Y., had his insurance agent’s license revoked in Virginia, records from that state show.
A trade group representing 1,800 independent insurance agencies in New York said it worries about how the state’s proposed broker disclosure rule might apply to out-of-state insurance agents.
Consumers in New York won nearly half of the internal appeals they filed against health insurers in 2009, according to the New York State Insurance Department.
Insurers, businesses battling increase in false ‘slip and fall’ claims
“Slip and fall” insurance claims are starting to undergo tougher scrutiny as businesses and their insurance companies seek to combat a 57% increase in questionable claims in the last 2 ½ years.
New York insurance regulators clamped down on 20 health insurers and HMOs operating in the state by fining them a total of $716,800 for failing to promptly pay claims.
A Spring City, Pa., paralegal who stole more than $100,000 from two estates handled by the law firm with which she was employed was sentences to 21 months to seven years in prison.
Federal appeals court reopens portions of bid-rigging suit
A federal appeals court restored part of a class-action suit involving scores of insurance companies and brokers accused of conspiring to rig bids.
New York Gov. David A. Paterson signed “Ian’s Law” into law, expanding the protections for consumers in case a health insurer or HMO discontinues a class of policies or contracts.
Charges, including driving with lapsed auto insurance, were dropped against hip hop artist Ice-T Aug. 17 because motor vehicle records were incorrect, prosecutors said.

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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