IFAwebnews » AL

NAHU asks members to call senators to get broker compensation exempt

Bob Graham — Fri, 11 May 2012 13:58:54 +0000

The National Association of Health Underwriters is urging its membership to contact their senators to support a bill that would exempt agent and broker commissions from the medical loss ratios controlling health insurers' spending.

NAHU asks members to call senators to get broker compensation exempt via IFAwebnews.

Bravo Health’s sale to Cigna gets Maryland regulator’s approval

Bob Graham — Tue, 31 Jan 2012 18:13:22 +0000

The Maryland Insurance Administration has approved the Cigna's acquisition of Bravo Health, a Baltimore, Md.-based operator of Medicare Advantage plans.

Bravo Health’s sale to Cigna gets Maryland regulator’s approval via IFAwebnews.

18 state groups collect Big I Excellence in Insurance Education Awards

Bob Graham — Tue, 18 Oct 2011 08:46:50 +0000

The Independent Insurance Agents & Brokers of America (Big I) recently recognized 18 independent insurance agent associations with Excellence in Insurance Education Awards at its education convocation in Minneapolis, Minn.

18 state groups collect Big I Excellence in Insurance Education Awards via IFAwebnews.

GMAC Insurance adds to its N.C. lead with acquisition

Bob Graham — Wed, 07 Sep 2011 09:41:19 +0000

GMAC Insurance Personal Lines intends to expands its North Carolina presence with the acquisition of an Alabama-based insurance company that has been writing policies exclusively in North Carolina for four years.

GMAC Insurance adds to its N.C. lead with acquisition via IFAwebnews.

Consumer groups say new health reform rate review rules may lack punch

Jaime L. Brockway — Thu, 01 Sep 2011 15:11:49 +0000

Federal health reform rules for health insurance rate reviews, which took effect today (Sept. 1), may not be “strict” enough to protect consumers against insurers’ rate hikes, consumer advocacy groups say.

Consumer groups say new health reform rate review rules may lack punch via IFAwebnews.

BB&T Insurance now selling homeowners’, travel policies online

Jaime L. Brockway — Wed, 10 Aug 2011 01:22:16 +0000

A Winston-Salem, N.C.-based insurance company announced that its members now can buy homeowner’s and travel insurance, as well as other products, on its website.

The company operates in Maryland, Virginia and ... Read →

BB&T Insurance now selling homeowners’, travel policies online via IFAwebnews.

Tornadoes’ toll is non-renewal of 73,000 Alfa policies in Alabama

IFAwebnews Staff — Wed, 08 Jun 2011 11:36:26 +0000

Alfa Insurance, a Montgomery, Ala.-based insurer, is dropping about 73,000 property insurance policies, mostly rental properties, across Alabama in response to the losses it suffered in the April 27 tornadoes.

Tornadoes’ toll is non-renewal of 73,000 Alfa policies in Alabama via IFAwebnews.

Health reform law challenge of 26 states set for appeals court review

Bob Graham — Wed, 08 Jun 2011 11:21:32 +0000

A federal appeals court in Atlanta, where 26 states will argue against the U.S. Government, is the next stop in the ongoing legal battle over federal health reform.

Health reform law challenge of 26 states set for appeals court review via IFAwebnews.

N.J. insurance department staff helping Alabama tornado recovery

IFAwebnews Staff — Tue, 24 May 2011 11:17:15 +0000

The New Jersey Department of Banking and Insurance sent four staff members to assist in Alabama this week as part of a national volunteer effort to assist residents who suffered damages from tornadoes last month.

N.J. insurance department staff helping Alabama tornado recovery via IFAwebnews.

Insurers seeing historical-high losses from April tornadoes

Jaime L. Brockway — Tue, 24 May 2011 11:02:19 +0000

The tornadoes that hit the U.S. Midwest and Southeast during the last week of April resulted in as much as $6 billion in insured losses, according to a global risk modeling agency.

Insurers seeing historical-high losses from April tornadoes via IFAwebnews.