Virginia
More CDHP use may spur unintended consequences for U.S. health care
Wider use of consumer-directed health plans could dramatically change the landscape of health care and coverage in the U.S., a new study suggests.
Virginia ends moratorium on Shenandoah Life policy payments
The three-year moratorium on payments to policyholders of Shenandoah Life Insurance Co. has come to an end with the insurer’s sale, Virginia insurance regulators say.
A federal jury in Richmond, Va., found the president of a Costa Rican company that sold reinsurance bonds to life settlement companies guilty of carrying out a $500 million fraud scheme that affected more than 2,000 victims throughout the United States and abroad.
GEICO is offering new, lower commercial auto rates in Maryland after implementing a new rating structure in the state implemented last year.
Younger buyers are leading to more critical illness claims filed by those under 55 years old, new research suggests.
BenefitMall merges with CompuPay, seeking faster growth
The country’s largest general insurance agency, BenefitMall, merged with CompuPay, a payroll solutions company, as it looks to accelerate its growth.
A non-insurance subsidiary of Markel Corp. acquired a majority interest in a manufacturer of wood for truck assembly that continues its plan to invest in and help grow businesses in niche markets.
Aetna to sell health plans to Costco members in Pa., Va., other states
National health insurer Aetna will offer individual health insurance to Costco members in nine states, including Pennsylvania and Virginia.
PIA, Realtors, FEMA push long-term NFIP extension as deadline nears
An insurance group, a national public safety organization and a federal government agency disagree on what action the government should take as the National Flood Insurance Program’s expiration looms May 31.
A Costa Rican insurance company pleaded guilty April 20 in federal court in Richmond, Va., to a $670 million insurance fraud scheme, while its majority owner’s trial began this week.

Federal health exchange officials too busy to worry about Supreme Court
Federal health reform would add 100,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees

Combination life insurance product sales rise at ‘remarkable rate’
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Small business worries about its role in retirement planning

Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Wharton School establishes new risk and insurance program


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