A New York investigation into life insurers failing to match life insurance policies against master files of deaths has resulted in more than $52.6 million in payments to 7,934 beneficiaries.

The New York State Insurance Department is requiring all life insurance companies operating in the state to report any death benefits that have gone unpaid because the insurers did not use the official government death list.

Investors in FPIC Insurance Group, a medical professional liability insurer, are questioning whether the share price for the company’s sale to The Doctors Co. is good enough.

The U.S. Securities and Exchange Commission is investigating a Texas-based life settlement company’s estimates for life expectancy.

While state officials have already scheduled a hearing on the matter, one of New Jersey’s representatives in Congress also wants a closer examination into the compensation package for executives at Horizon Blue Cross Blue Shield.

A Pennsylvania state trooper was recently arraigned on a series of charges after officials say he offered an old friend money to burn down his girlfriend’s house for insurance money.

A Texas-based life settlements firm has agreed to a settlement with Virginia regulators over allegations it failed to register its securities.

With one rate hike request withdrawn due to miscalculations, the California Department of Insurance says it is taking a closer look at the validity of claims data used by Anthem Blue Cross.

Insurance contracts between the Toms River (N.J.) Regional School District and an insurance firm with offices in New Jersey and Maryland is likely the focus of a federal investigation, according to a published report.

In an effort to streamline the process of reporting possible fraud in a filed claim while also saving state insurance departments time and money, three national insurance groups are pooling resources.