First Rehab Life’s holding company, Rehab Services Corp., has a deal with Eos Partners, a New York City-based private investment partnership, that will enable the company to “significantly accelerate its business expansion activities,” according to a statement.

An executive at an Orlando, Fla.-based life settlement company, which says it has established relationships with three new funding sources, suggests the life settlement industry is “recovering.”

Pennsylvania’s adultBasic program is dead, a victim of a lack of funding that Gov. Tom Corbett has blamed on his predecessor, Ed Rendell.

A Corbett Administration official in Pennsylvania appears to have recognized what insurance agents and brokers in the state have been saying about the adultBasic program all along: the economics don’t work.

House Republicans hope to pass a spending measure next week, which includes blocking funding for federal health care reform, to trim the federal budget deficit.

Guarantee Insurance Co., a workers’ compensation insurance specialist operating in 26 states and with an office in Philadelphia, closed on an $8 million equity infusion.

Integrity Life Solutions, a Maplewood, N.J.-based life settlement broker since February 2004, has negotiated a funding facility for small-face life insurance policies.

Healthy Howard, the program helping uninsured residents gain access to health care, has received a vote of confidence to continue for another year amid funding issues.

Like the majority of Republican governors across the nation, Virginia Gov. Bob McDonnell has turned down a federal offer to aid in the creation of a high-risk pool program for the uninsured.

Criticizing new federal health reform as ‘hastily drafted,” Georgia’s insurance commissioner has rejected part of $5 billion in government aid to create a high-risk pool for uninsured Americans.