South
A bill passed unanimously in Florida’s House and Senate is attracting attention for potentially ruining the state’s eligibility for the National Flood Insurance Program (NFIP), although state officials say there’s no reason to worry.
A Tampa, Fla.-based managed care services provider will pay $137.5 million to the federal government and nine states to settle four lawsuits accusing the company of violating the federal False Claims Act.
Arthur J. Gallagher & Co. acquired a 36-year-old, Louisiana-based employee benefits and insurance brokerage company serving the southern U.S.
A New York, N.Y.-based international underwriter combined three of its business units into one platform for a “stronger” nationwide professional lines presence.
A former Collinsville, Okla., insurance agent was arrested March 28 in Florida for allegedly exploiting a group of senior citizens in Oklahoma for money.
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.
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.
A North Carolina insurance agent and his client were each charged with insurance fraud for an alleged life insurance scheme.
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.
Okla. insurance says she embezzled $62,000, may face criminal charges
An Oklahoma insurance agent confessed to embezzling an estimated $62,000 from her clients and surrendered her insurance license.

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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