South
18 state groups collect Big I Excellence in Insurance Education Awards
The Independent Insurance Agents & Brokers of America (Big I) recently recognized 18 independent insurance agent associations with Excellence in Insurance Education Awards at its education convocation in Minneapolis, Minn.
Seven Republican congress members introduced a bill (H.R. 3127) that would prohibit the payment of death gratuities to the surviving heirs of deceased members of Congress.
The Stanton Taylor Agency is affiliating with Hampton Roads, Va.-based TowneBank insurance agency, as the company continues to expand into Eastern North Carolina.
CFP Board takes disciplinary actions against 23 of its members
The CFP Board, which regulates Certified Financial Planners, recently took disciplinary action against 23 of its members.
Eight people accused of participating in a staged auto-accident fraud scheme in North Carolina were arrested and authorities were seeking two more alleged participants.
Allstate completes Esurance, Answer Financial deal
The Allstate Corp. has closed its acquisition of Esurance and Answer Financial from White Mountains Insurance Group for about $1 billion.
Bill aims to fill health reform gap, extend coverage for vets’ children
A bill introduced in the U.S. House of Representatives would increase the maximum age for children eligible for medical care under military insurance plans.
NORCAL’s acquisition of Medicus approved, completed
NORCAL Mutual Insurance Co.’s purchase of Austin, Texas-based Medicus Insurance Co. was approved by the Texas Insurance Department and finalized, company officials said.
Two firms have announced separate investigations into possible claims of wrongdoing against officers and directors of a specialty finance company that proves premium financing of insurers’ individual life insurance policies.
Mid-Atlantic states among 28 getting more federal health reform money
The U.S. Department of Health and Human Services (HHS) granted a second round of awards totaling $109 million to 28 states and Washington, D.C., to further implement federal health reform.

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


Regional news: 






