Regional news: Virginia
Erie Insurance has joined a collaboration of the Independent Insurance Agents & Brokers of America (Big I) and other independent agency companies, citing the benefit of building strong relationships with others in the industry.
Outsourcing responsibilities to an outside vendor led Anthem Blue Cross Blue Shield of Virginia to lay off 20 employees at its Roanoke, Va., office.
With its chief executive officer set to relinquish that role in October, Penn National Insurance has announced a succession plan to ease the transition.
The Guardian Life Insurance Co. of America was ordered to pay $62,000 in fines after a market conduct examination in Virginia found violations, including improper handling of claims.
A Chantilly, Va.-based insurance company has developed a new approach to clinical trial and products liability protection that has led to up to a 30% reduction in some premiums.
Selling insurance products across state lines, seen by many as an efficient way to improve health care across the nation, hit a roadblock in Virginia this legislative session as four bills approving such a measure failed to gain approval.
Rockingham Casualty Co, based in Harrisonburg, Va., had its financial strength rating and issuer credit rating upgraded after it became a fully reinsured affiliate of Rockingham Mutual Insurance Co.
Virginia Democrats have made a second formal request to the state’s attorney general, Ken Cuccinelli, regarding his lawsuit claiming federal health reform is unconstitutional.
Massachusetts-based The Hanover Insurance Group announced it has completed its deal to acquire the Campania Group in a move it says “demonstrates our strong commitment to the healthcare business.”
Va. governor signs bill mandating coverage for telemedicine services
Health insurers, health care subscription plans and health maintenance organizations operating in Virginia will be required to cover the cost of telemedicine services starting next year under a new mandate signed into law by Gov. Bob McDonnell.
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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