Northeast
Chartis, All Risks partnering on temporary staffing sector program
Chartis and All Risks Ltd., a Hunt Valley, Md.-based independent wholesale brokerage, are expanding their relationship to include a program for temporary staffing agencies.
Slight majority fault Obama’s forcing insurers to issue birth control
A slight plurality suggest opposition to President Obama‘s plan to force insurance companies to provide contraceptives in cases where employers refuse on religious grounds, according to the latest IFAwebnews.com poll.
A group of insurance associations is concerned about the implications that new taxes included in President Obama‘s 2013 budget proposal, introduced Feb. 13, will have on the life insurance industry.
New York Life to add 3,700, especially women, minorities
New York Life Insurance Co. plans to hire 3,700 financial professionals, especially women and those representing minorities, this year after hiring more than 3,600 insurance agents last year.
Former New York Sen. Nicholas A. Spano (35th District) pleaded guilty Feb. 11 in federal court in White Plains, N.Y., to filing fraudulent tax returns involving payment from an insurance company.
January’s application activity for individually underwritten life insurance showed an 8.3% increase compared to January 2011 and additional growth from the 5.8% rise in December 2011.
Commercial insurers, Medicare paying 5.28% more for health services
Health care services paid by commercial insurance and Medicare programs cost 5.28% for the year ending Dec. 31, 2011, according to the S&P Indices.
N.Y regulators to conduct surprise audits on insurers, HMOs
The New York Department of Financial Services will use a recently acquired grant to analyze the administration systems of insurers and health maintenance organizations for cost efficiency.
Allstate alerts insurance agents of 1099 errors
Allstate Corp., based in Northbrook, Ill., informed its insurance agents about errors in their tax documents regarding two incentive programs.
The Guardian Life Insurance Co. of America expanded its flagship ProVider Plus individual disability insurance portfolio to enable producers to reach more clients across the income protection spectrum, the company said.

Slight majority fault Obama’s forcing insurers to issue birth control
Commercial insurers, Medicare paying 5.28% more for health services
N.Y regulators to conduct surprise audits on insurers, HMOs

Obama’s 2013 budget will discourage people from buying life insurance
New York Life to add 3,700, especially women, minorities
New life insurance sales growth built on pent up need, demand

Allstate alerts insurance agents of 1099 errors
Senators urge leadership to vote on long-term NFIP extension
Pa. insurance department liquidates First Sealord Surety Insurance


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