Regional news: 
Property-Casualty Insurance News
The Maryland General Assembly passed a bill in its waning hours April 9 that renames and repositions the Injured Workers Insurance Fund as a private company.
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.
Arthur J. Gallagher & Co. acquired a 36-year-old, Louisiana-based employee benefits and insurance brokerage company serving the southern U.S.
A national group fighting insurance fraud is asking Maryland’s governor to sign a bill that would impose large civil penalties and expand immunity for fraud fighters.
A New York, N.Y.-based international underwriter combined three of its business units into one platform for a “stronger” nationwide professional lines presence.
Austin Mutual Insurance Co., a Minnesota-based regional property-casualty insurer, is affiliating with The Main Street America Group, a super regional property-casualty insurance carrier building its midwestern footprint.
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.
A proposed bill before the Maryland General Assembly would prevent insurance companies from practicing “forced bundling” was unanimously passed in the House last week and had its first hearing in the Senate March 29.
Eleven Maryland-based insurance companies recently won an online auction of tax credits that generated $84 million for a program designed to invest in “promising” new in-state companies.
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.
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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