South
Two indictments charge a dozen people in Florida with operating a health care scheme defrauding car insurance companies of about $22.5 million.
The U.S. Justice Department is forcing Humana and Arcadian Management Services to divest themselves of Arcadian’s Medicare Advantage business in parts of five states to secure approval of Humana’s acquisition.
The last of 36 defendants in Texas was convicted of conspiracy to defraud American Family Life Assurance Co. (Aflac) of more than $3 million by filing false injury claims.
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.
Three stockbrokers for Brill Securities in New York have won an appeal, freeing them from being forced to arbitrate a suit over overtime pay.
Accused Ponzi schemers in Fla. allegedly bilked health insurers of $3M
Three men from Ft. Lauderdale, Fla., were arrested Feb. 29 for allegedly cheating health insurance companies of $3 million about two years after they were charged in one of the largest alleged Ponzi schemes in history.
Willis investigating $28 million in fraudulent commissions, fees
Insurance broker Willis Group Holdings has begun an internal investigation into its discovery of about $28 million in fraudulent overstatements of commissions and fees between 2005 and 2011 in its employee benefits operations.
Louisiana’s insurance commissioner, Jim Donelon, warned insurance agents of an alleged scam involving possible fraudulent insurance covering habitation risks that has at least one victim.
Texas health company grows with second acquisition of the year
HealthSmart Holdings, based in Irving, Texas, acquired a Springfield, Mo.-based insurance and health care services company to expand its national presence.
Md. TPA offers its national Healthy Solution for employee health costs
A health insurance administrator, based in Maryland, is offering a new approach toward health and wellness, hoping it will bend the curve on health costs for its clients.

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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