Regional news: 
Northeast
Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
The U.S. Senate approved a 60-day extension to the National Flood Insurance Program, moving the program closer to avoiding expiration May 31.
Senators strike deal to address National Flood Insurance Program
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.
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
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.
Health care cost at all-time high, despite lower rate of increase
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.
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.
Towers Watson boosts Medicare offerings with $435M Extend Health deal
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.
NAHU asks members to call senators to get broker compensation exempt
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.
More CDHP use may spur unintended consequences for U.S. health care
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.
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.
Virginia ends moratorium on Shenandoah Life policy payments
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.
Federal health exchange officials too busy to worry about Supreme Court
Federal health reform would add 100,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees
Combination life insurance product sales rise at ‘remarkable rate’
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Small business worries about its role in retirement planning
Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Wharton School establishes new risk and insurance program
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