West
Crump boosts its workers’ compensation capabilities with Pa. deal
A national property-casualty insurer has acquired a Pennsylvania-based insurance intermediary providing services to self-insured workers’ compensation programs.
State Farm to offer same-sex partners benefits, stating June 1
State Farm Insurance Cos. will begin to offer health insurance and other benefits to its employees’ legally recognized same-sex partners, starting June 1.
Nine Southern California residents were charged with making false insurance claims and stealing replacement cell phones in an alleged scheme with losses totaling more than $400,000.
United Prosperity Life Insurance Co. has signed an definitive agreement to buy Shenandoah Life Insurance Co., a Roanoke, Va.-based insurer that has been in receivership over financial concerns since February 2009.
Md., N.J. agencies among long-term care insurance sales leaders
Long-term care insurance agencies in Columbia, Md., and Rockaway, N.J., were among five recently recognized for showing the greatest growth in sales last year.
A former Dale City, Calif., councilwoman was sentenced to six month in jail by a judge, who called her “a liar” after state investigators filmed her exercising and walking long distances while on paid medical leave.
States’ deal with John Hancock on annuity practices ‘will not be the last’
California’s state controller says a multi-state settlement with John Hancock over its handling of state unclaimed property laws with its life insurance and annuity policies “will not be the last” for life insurers.
Residents of homes with faulty drywall reached an $8 million settlement with a New Orleans company that distributed the Chinese drywall to homes in the Gulf region for rebuilding after hurricane disasters.
A former insurance agent from Clayton, Calif., was sentenced to nearly four years in state prison for his role in a $800,000 Ponzi scheme involving stranger-owned life insurance (STOLI).
The life settlement industry is positioned for “one of its strongest years in recent memory,” according to a financing company chief executive.

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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