New York
Revenue at nearly half of insurance agencies flat for 2011
A plurality of insurance agencies expect their revenue for 2011 to mirror that of the prior year, according to the latest IFAwebnews.com poll.
A trade group representing insurance agents and financial service professionals submitted its comments on the Federal Insurance Office’s Dodd-Frank study on modernizing and improving insurance regulation.
A New York, N.Y.-based insurance and financial services organization said it will open a global casualty insurance practice that will provide underwriting leadership for its general casualty insurance offerings.
Business owners see value of private health plans over government option
Most independent business owners do not plan on buying health insurance from the government because most believe it is wrong to require Americans to have health insurance, a new survey says.
A Briarcliff Manor, N.Y.-based insurance company acquired a Wakefield, RI.-based employee benefit consulting and brokerage firm specializing in middle-market businesses.
P-C sector remains ‘stable,’ although future borders on ‘negative’
A global ratings agency predicts a stable outlook for the U.S. property-casualty insurance sector in 2012 after this year’s weak profitability.
Allstate Insurance Co. sued 83 New York area people, seeking to recover $6.3 million, in its seventh civil insurance fraud suit filed this year.
Senate, House have different views on future of National Flood Insurance Program
The U.S. Senate unanimously extended the National Flood Insurance Program (NFIP) through May 31, 2012, and the House of Representatives passed a bill reforming and extending it for five years the NFIP.
The majority of insurance agency owners say they will not be giving bonuses or gifts to their employees to celebrate the holidays or the end of the year, according to the latest IFAwebnews.com poll.
Majority of people think insurers intentionally put off paying claims
The majority of adults (59%) in a recent online poll said they thought most insurers intentionally delay the payment of claims.

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


Regional news: 






