Regional news: 
Property-Casualty Insurance News
Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
The U.S. Senate approved a 60-day extension to the National Flood Insurance Program, moving the program closer to avoiding expiration May 31.
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Allstate Insurance Co. is looking for an additional 56 people to own insurance agencies in the mid-Atlantic region, where it plans to market itself more actively.
The Wharton School of the University of Pennsylvania established a new Wharton/Penn Risk and Insurance Program (WPRIP) to promote and disseminate research on risk and insurance at the university in Philadelphia.
Senators strike deal to address National Flood Insurance Program
A deal struck between two key senators appears to give new life to a possible five-year extension of the National Flood Insurance Program, which is set expire May 30.
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Four Philadelphia-area men were accused of operating “an elaborate financial fraud scheme,” targeting more than 215 senior citizens in Pennsylvania and stealing more than $700,000.
Dogs biting into one-third of all homeowners’ insurance claims
Dog bites in 2011 were responsible for nearly $479 million in homeowners’ insurance liability claims payments, accounting for more than one-third of all homeowners liability claims paid out.
An insurance broker admitted in federal court to defrauding the Philadelphia Housing Authority of $2.3 million, including a $181,202 commission he added to the fraudulent insurance invoice.
The outlook for a Valley View, Pa.-based insurance company was recently downgraded from “stable” to “negative,” although, with the help of its parent company, its financial strength remains excellent, according to a key ratings service.
With five-year plan stuck, House passes new short-term NFIP extension
The U.S. House of Representatives passed another 30-day extension of the National Flood Insurance Program, less than two weeks before the latest short-term extension is set to expire.
Homeowners’ insurance policy premiums, on average, rose 19% between January and December 2011, according to the 2011 HomeInsurance.com RateReport.
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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