Regional news: 
New York
Allstate, the Hauppauge, N.Y.-based insurance company, sued 10 New York people to recover more than $1 million, alleging that laypersons illegally owned and operated four professional service corporations.
The headquarters of Banner Life Insurance Co. in Urbana, Md., was sold to Core Real Estate Investments.
The New York State Insurance Department is requiring all life insurance companies operating in the state to report any death benefits that have gone unpaid because the insurers did not use the official government death list.
HCC Insurance Holdings said that its subsidiary, Perico Life Insurance Co., combined its operations with HCC Life Insurance Co.
NAIC group favors freeing agent commissions from health reform’s MLR
A task force in an association of state insurance commissioners has endorsed a bill in Congress that would exclude insurance agent and broker compensation from health reform‘s medical loss ratios.
Customers buying variable annuity policies with guaranteed withdrawal benefits understand the purpose of the policies and are using them to their advantage, a new survey says.
Bollinger expands access in New Jersey, New York and Connecticut
A New Jersey-based insurance brokerage, Bollinger, has acquired another New Jersey-based company, offering it additional access into the Northeast.
May’s tornadoes, wind and hail hit State Auto, oh, my
A Columbus, Ohio-based insurer said it estimates second quarter earnings will include between $45 and $50 million in pre-tax catastrophe losses related to May storms.
Health insurers denying fewer claims, but payment errors increasing
Four of the nation’s largest health insurers had “dramatic reductions” in their claims payment denial rates since last year, according to new American Medical Association research.
Insurance agents battling Internet quote shoppers, carrier sites
The use of agency-company interface technology has improved the insurance agent-carrier relationship, and must continue to grow for agents to remain competitive as insurance marketers.
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
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