Blue Cross and Blue Shield companies’ anti-fraud investigations resulted in recoveries of more than $510 million in 2009, according to data released by the Blue Cross and Blue Shield Association (BCBSA).

A series of proposed new regulations in Massachusetts, calling for greater consumer protections in the auto insurance marketplace, are both ‘unnecessary and ill-advised,” according to an industry group.

Health insurance agents and brokers in Pennsylvania want to be included in any health exchange created in the state.

Two industry groups are praising Wisconsin Gov. Jim Doyle for signing into law tough new rules on stranger-originated life insurance (STOLI) transactions, while another organization indicates the measure will deny consumer rights.

A Florida senator is repeating his call for the ousting of the state’s insurance commissioner, calling his behavior “reprehensible” and saying he is no longer trustworthy.

The chairman of the U.S. Senate Committee on Commerce, Science and Transportation is offering suggestions on how health insurers nationwide can honor the intent of new mandates on medical loss ratio under new federal law without attempting to “game” the system.

A bill prohibiting the misleading use of senior-specific certifications or professional designations for financial advisors linked to the sale of securities is moving forward in New Jersey.

Joining a growing number of states warning residents to be on the look-out for scammers taking advantage of national health reform, regulators in Pennsylvania are urging anyone with questions or concerns to contact them first.

Wells Fargo says it plans to appeal a Connecticut court ruling against its insurance brokerage, Acordia, regarding improper disclosure of contingent commissions.

A trade group of insurance and financial service professionals has voiced its opposition to the growing use of stranger-originated annuity transactions (STATs).