Regional news: New York
About 200,000 people were paid $6.6 billion in long-term care insurance benefits in 2011, with Alzheimer’s disease the top reason for policies to pay out, a new report suggests.
New York State’s 2012-2013 budget restored $30.6 million to the Elderly Pharmaceutical Insurance Coverage (EPIC) program that helps low- and moderate-income seniors pay for medications not covered by Medicare.
Insurers see some earnings blown away by 2011 tornado season
Net losses from catastrophes last year hurt property-casualty insurers’ earnings last year, but they still remained profitable, according to a new analysis.
CFP Board to publicize bankruptcy cases, ease application process
The Certified Financial Planner (CFP) Board of Standards decreased the amount of experienced needed to become a CFP professional and made bankruptcy cases available to the public, among other disciplinary changes.
LPL Financial’s RIA Platform hits $25 billion mark in three years
LPL Financial, the nation’s largest independent broker-dealer, said its RIA Platform, its 3 year old custody unit, has exceeded $25 billion in total assets under custody.
SunAmerica Financial Group is restructuring its life insurance and retirement services divisions as it seizes “a unique time for opportunity, change and growth.”
Medical care should be taxed as a means of increasing the money put into the “chronically underfunded public health system” in the U.S., a new report recommends.
A Tampa, Fla.-based managed care services provider will pay $137.5 million to the federal government and nine states to settle four lawsuits accusing the company of violating the federal False Claims Act.
The New York Department of Financial Services is requiring the largest force-placed insurers in the state to give details on their expenses, claims payments and profits to determine the validity of their homeowners insurance rates.
The amount of inforce individual disability income insurance rose 2% in 2011, reaching a total of more than $4.5 billion, according to a new survey of carriers.
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 ...
