Regional news: 
Property-Casualty Insurance News
A bill that would create a “one-stop shop” for agents with licenses in multiple states should be filed in the U.S. House of Representatives this week, insurance officials say.
A Tampa, Fla.-based insurance nonprofit says it “enhances” customer service and saves more than $700 million in litigation costs annually for the property-casualty insurance industry by resolving insurance claims disputes through arbitration.
House’s planned flood insurance reforms ‘good start,’ but not ‘perfect’
A draft proposal to reform the National Flood Insurance Program (NFIP) is a “good start,” although it is not a “perfect piece of legislation,” experts said in a teleconference March 7.
Md., D.C. among worst in region, nation for auto insurance rates
Two states in the mid-Atlantic region had car insurance rates that were among the highest in a recent survey from InsWeb, an online insurance seller.
Composite property-casualty rate seems ‘stuck’
February’s composite rate for U.S. property-casualty insurance coverages showed a 5% decline, according to MarketScout’s monthly analysis.
New York insurance companies’ performance improved in the last year, although companies were rated lower for how fairly they pay producers, a new survey of agents shows.
U.S. Supreme Court passes on illegal workers’ benefits eligibility case
The U.S. Supreme Court declined an opportunity to resolve a vexing issue involving workers’ compensation payments to illegal workers, where judges in eight states, including Pennsylvania and Virginia, have disagreed.
A New York senator introduced a bill to “enact comprehensive reforms to reduce fraud, abuse and the associated costs in the New York no-fault system.”
Increase in possible fraudulent insurance claims is ‘no big deal’
The number of questionable insurance claims last year, although 24% more than in 2008, is a “statistical no big deal,” according to a National Insurance Crime Bureau (NICB) official.
New Jersey achieved its twofold mission of “promoting the growth and financial stability” of insurance companies and “protecting consumers” in 2010, according to state oficials.
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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