Regional news: 
New York
Va. specialty insurer stretches E&S business across entire U.S.
A specialty property-casualty insurance company, based in Richmond, Va., recently became certified to write business on a surplus lines basis for all U.S. states and Washington, D.C.
Consumers disregard insurance packages, favor lower rates
Home and auto insurance buyers were less interested in home-auto package discounts in 2011 than the year prior, and more aware of competitive premium rates, a new study says.
P-C leaders say market hardening, financial crisis in back window
Not only do property-casualty insurance industry leaders believe the financial crisis is behind them, but they also believe rates are hardening, a new study finds.
HCC says Pioneer General now part of American Contractors Indemnity
Houston’s HCC Insurance Holdings said Pioneer General Insurance Co. will merge into American Contractors Indemnity Co., both of which are wholly owned subsidiaries of HCC.
SEC issues two alerts over risks posed by advisors using social media
The U.S. Securities and Exchange Commission issued two alerts pointing out risks investors and advisory firms face when using social media like LinkedIn and Facebook.
The rapper and hip hop mogul Jay-Z has been freed of an $18,000 workers’ compensation judgment in New York.
IIABNY: Insurers, not agents, should disclose policy cancellations
An insurance trade group in New York says that insurance companies, not agents, should be responsible for informing all concerned parties of pending policy cancellations.
Insurers’ lost $32B from natural disasters in first nine months of ’11
Natural disasters cost insurance companies more than $32 billion in direct insured losses in the first nine months of 2011, nearly double the average of other years, according to the Insurance Information Institute.
A Berkshire Hathaway insurance subsidiary, Medical Protective Co., acquired the largest medical professional liability insurer in New Jersey.
Consumers don’t understand health insurance, need transparency
More than half of adults report they are confused about health insurance when choosing which plan to purchase, a new survey found.
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
Loading ...