Pennsylvania
Highmark officials intend to perform a “complete investigation” of spending in the wake of the firing of CEO Kenneth Melani, whose criminal charges in connection with a domestic dispute with his girlfriend’s husband may be dropped.
The majority of workers don’t expect they or their family members to be diagnosed with a serious illness, factors that discourage them from seeking employee benefits to protect them from these possibilities, according to a new survey.
Savoy Associates, Bancorp Bank team up on HSA program
Savoy Associates, a full-service regional health insurance general agency, recently launched an Health Savings Account (HSA) banking initiative with The Bancorp Bank.
BB&T completes $570 million acquisition of Crump’s life, P-C units
BB&T Corp. says is has completed its acquisition of the life and property-casualty operating divisions of Crump Group for $570 million in cash.
Almost half of financial planning professionals say they bring up variable annuities in “every conversation” with their clients, according to a new survey.
Highmark‘s CEO, Kenneth Melani, was fired over the weekend, two days after being put on administrative leave over his alleged role in a domestic dispute involving his girlfriend’s husband.
The 51st annual Reading I Day is scheduled for April 12 at the Crowne Plaza Hotel in Wyomissing, Pa.
California company acquires East Coast MGA and Peachtree Casualty
A San Diego, Calif.-based holding company has bought a managing general insurance agency and a private auto insurance company as it seeks to expand its national footprint.
The Penn Mutual Life Insurance Co. said its first Inflation Protector Variable Annuity contracts, issued in November 2010,received a 3.87% inflation increase in November 2011.
Fewer owners intend to drop health coverage under health reform
The final effect of provisions in the federal health reform law “have not been as significant” as anticipated for most businesses, according to a new study.

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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