Virginia
The most important issue to be addressed through the November presidential election is finding ways to improve the U.S. economy, according to the latest IFAwebnews.com poll.
Marsh & McLennan Agency’s mid-Atlantic region will have expanded employee-benefits services with its acquisition of KSPH LLC of Glen Allen, Va.
Fitch: P-C insurers’ numbers should be ‘improve’ this year
Property-casualty insurers should report “improved” operating results this year, after being hurt by heavy catastrophe-related losses and weak earnings in 2011, according to Fitch Ratings.
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.
A Virginia man was sentenced to almost five years in prison for his role in an investment scam that cost investors about $815,000.
Annuity sales in 2011 grew 7.7%, fueled in large part by a 28% increase in net variable-annuity sales during the year.
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.
Kaiser Permanente is expanding the services it provides to members in Maryland, Virginia, and Washington, D.C., with several new multi-specialty facilities and expanded medical centers opening over the next two years.
Nearly half of the people who bought individual critical illness insurance policies last year were younger than age 45, according to a new report.
Commercial insurance rates up 2%, shows market ‘turning slowly’
The composite commercial insurance rate index rose 2% in February, according to MarketScout, which does a monthly analysis of various lines.

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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