IFAwebnews » MI

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.

Aetna to sell health plans to Costco members in Pa., Va., other states

IFAwebnews Staff — Mon, 30 Apr 2012 00:08:06 +0000

National health insurer Aetna will offer individual health insurance to Costco members in nine states, including Pennsylvania and Virginia.

Aetna to sell health plans to Costco members in Pa., Va., other states via IFAwebnews.

Pennsylvania imposes conditions on Harleysville, Nationwide merger

Bob Graham — Tue, 17 Apr 2012 11:50:59 +0000

The Pennsylvania Insurance Department approved the merger of Harleysville Mutual and Nationwide Mutual insurance companies with conditions designed to protect the Harleysville brand and its Pennsylvania operations for several years.

Pennsylvania imposes conditions on Harleysville, Nationwide merger via IFAwebnews.

Main Street America Group beefs up Midwest with Austin Mutual deal

IFAwebnews Staff — Tue, 03 Apr 2012 18:35:20 +0000

Austin Mutual Insurance Co., a Minnesota-based regional property-casualty insurer, is affiliating with The Main Street America Group, a super regional property-casualty insurance carrier building its midwestern footprint.

Main Street America Group beefs up Midwest with Austin Mutual deal via IFAwebnews.

Mercury Insurance seeks agents, unveils new commercial auto product

IFAwebnews Staff — Thu, 09 Feb 2012 10:00:37 +0000

Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business.

Mercury Insurance seeks agents, unveils new commercial auto product via IFAwebnews.

New liability insurance law in Michigan sets off legal fireworks

IFAwebnews Staff — Fri, 03 Feb 2012 10:24:45 +0000

New insurance requirements for retailers selling fireworks have set off legal sparks in Michigan, as the companies have filed suit against the state.

New liability insurance law in Michigan sets off legal fireworks via IFAwebnews.

States make Prudential alter its unclaimed life insurance practices

Bob Graham — Tue, 17 Jan 2012 13:13:06 +0000

A total of 19 states and Washington, D.C., reached an agreement with The Prudential Group, one of the largest life insurance companies in the U.S., in a case involving its unclaimed property practices.

States make Prudential alter its unclaimed life insurance practices via IFAwebnews.

HHS doesn’t exempt insurance agent commissions in final MLR rules

Bob Graham — Mon, 05 Dec 2011 03:08:24 +0000

The U.S. Health and Human Services Department issued final rules for its medical loss ratio, declining the request of insurance agent trade groups and state insurance regulators to exempt agent and broker compensation.

HHS doesn’t exempt insurance agent commissions in final MLR rules via IFAwebnews.

Supreme Court to rule if federal health reform law is constitutional

Bob Graham — Mon, 14 Nov 2011 15:41:51 +0000

The U.S. Supreme Court will rule on the federal health reform law, focusing itself on the individual mandate, with an expected ruling by June 2012.

Supreme Court to rule if federal health reform law is constitutional via IFAwebnews.

Health insurer trio launches cost-saving defined contribution program

Jaime L. Brockway — Tue, 08 Nov 2011 20:22:54 +0000

A Michigan-based firm says it experienced health cost savings after investing in a private exchange and defined-contribution plan designed by three Blue health insurers to simplify insurers' health benefit offerings.

Health insurer trio launches cost-saving defined contribution program via IFAwebnews.