Regional news: 
South
Mercury Insurance seeks agents, unveils new commercial auto product
Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business.
Two insurance agents in Lakeland, Fla., were arrested Feb. 3 for allegedly stealing more than $422,000 from the brokerage for which they worked and from where their mother retired.
Liberty Life renamed Athene Annuity & Life Assurance
Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.
Bravo Health’s sale to Cigna gets Maryland regulator’s approval
The Maryland Insurance Administration has approved the Cigna‘s acquisition of Bravo Health, a Baltimore, Md.-based operator of Medicare Advantage plans.
The Obama Administration rejected Texas’ request that it be allowed to phase in federal health reform‘s medical loss ratio to prevent the state’s health insurance market from destabilizing.
The number of claims resolved through an inter-insurance dispute resolution organization’s services set a record in 2011, with nearly 520,000 claims resolved.
Brief: If individual mandate is illegal, health reform law must die
A Washington, D.C.-based advocacy organization says that the federal health reform should be declared unconstitutional because it is cannot function without the individual mandate, which the group also argues is unconstitutional.
Life insurance activity showed ‘marked resilience’ in 2011
The life insurance application activity for last year finished slightly above the 2010 level, spurred in part by 5.8% year-over-year growth in December.
Public safety group urges Obama to push NFIP extension in Address
A national group is urging President Barack Obama to push Congress to make “meaningful reform” to the National Flood Insurance Program when he gives his State of the Union Address.
States make Prudential alter its unclaimed life insurance practices
A total of 19 states and Washington, D.C., reached an agreement with The Prudential Group, one of the largest life insurance companies in the U.S., in a case involving its unclaimed property practices.
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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