Fewer businesses appear to be affected by the new federal Red Flag Rule, which took effect Dec. 31, 2010.

Cigna Healthcare of the Mid-Atlantic was fined $40,000 by Virginia insurance regulators after a market conduct examination found numerous violations of state laws and requirements.

A Whitehall, Pa., man, whose insurance license was under supervision since January 2010, had his insurance license revoked for six months in August 2010 after he was convicted of a subsequent felony, records show.

The Financial Industry Regulatory Authority (FINRA) has expelled an Austin, Texas, corporation, barred its former president and a former broker at the firm for a scheme that overcharged an elderly investor by $1.2 million.

The Maryland Insurance Administration recently reported the following cases, which are summarized based on information obtained from the agency.

The New York insurance superintendent was elected to the executive committee of the National Association of Insurance Commissioners (NAIC), the group of state insurance regulators.

The New York State Insurance Department has licensed its first two life settlement providers under a new state law.

Eric Dinallo, the former New York insurance superintendent, is expected to join the law firm of Debovoise & Plmpton as a partner, according to a media report.

A deputy commissioner at the Virginia State Corporation Commission Bureau of Insurance was selected to replace Alfred W. Gross, who retires Dec. 31.

The Financial Industry Regulatory Authority fined a Tampa, Fla., woman $5,000 for accessing study materials from her locker during a Series 6 exam break.