Regional news: 
Pennsylvania
“Dramatic shifts” in the investment advisor profession are forecast as advisors prepare for the Dodd-Frank Act, a provision of the federal financial service reform to be enacted next year.
Delaware’s request to exempt two state health insurers from the medical loss ratio (MLR) provision under the federal health care reform was rejected by the U.S. Department of Health and Human Services.
The chief executive of a bankrupt Scranton, Pa., insurance agency who pleaded guilty in connection with a $1.3 million insurance premium theft scheme was sentenced to up to 16 1/2 years in state prison.
The U.S. Department of Labor’s Employee Benefits Security Administration will redo its rule on the definition of a “fiduciary” after its prior description drew criticism and concern from Congress and financial advisors.
The Pennsylvania chapter of the National Association of Insurance and Financial Advisors (NAIFA-PA) scheduled its annual Day on the Hill for Oct. 4 from 8 a.m. to 3 p.m. at the Crowne Plaza in Harrisburg, Pa.
A Maryland life insurance company is hesitating in handing over $1 million from a life insurance policy that was bought weeks before a Philadelphia man was murdered in his driveway.
The National Association of Insurance and Financial Advisors of Greater Philadelphia (NAIFA-GP) will hold its Financial Services Super Day Oct. 5 from 7:30 a.m. to 4:30 p.m. at the Doubletree Guest Suites in Plymouth Meeting, Pa.
Hurricane Irene just a piece of year’s growing insured losses
Losses from Hurricane Irene may be as high as $6.6 billion, which is relatively low compared to total losses for the year so far.
A federal judge in Harrisburg, Pa., found the individual mandate included in the federal health reform law unconstitutional, adding another chapter to the contradictory rulings of federal courts.
Delaware Insurance Commissioner Karen Weldin Stewart fined Blue Cross Blue Shield of Delaware $325,000 for “deficiencies” in its nuclear cardiac imaging testing pre-authorization process.
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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