A Dallas-based general agency has “established ourselves as a dominant player” in North Jersey with its acquisition of NAS Financial Services, a general agency based in Morristown, N.J., according to its president and CEO.
A lingering tax issue may soon be resolved, paving the way for American International Group to sell its foreign life insurance unit to MetLife for $15 billion.
Two executives of an Iowa life insurance company will pay a combined $1 million in penalties as part of civil settlements with the U.S. Securities and Exchange Commission regarding misleading proxy disclosures to investors.
American International Group agreed to sell its Asian life insurance business for $35.5 billion, making it one of the largest insurance deals in history.
With the advent of the Supreme Court argument, all parties involved in the health insurance business are waiting. This is particularly true of health insurance carriers. Each insurance carrier to date has made adjustments to their business based on their best interpretation of the Patient Protection and Affordable Care Act, the federal health reform law.