The Doctors Co., the largest insurer of physician and surgeon medical professional liability, is buying FPIC Insurance Group, a medial professional liability company, for $362 million.

California’s state controller says a multi-state settlement with John Hancock over its handling of state unclaimed property laws with its life insurance and annuity policies “will not be the last” for life insurers.

State Farm was ordered to return nearly $350 million to customers a Texas judge says were overcharged starting in 2003.

A bill that would create a “one-stop shop” for agents with licenses in multiple states should be filed in the U.S. House of Representatives this week, insurance officials say.

A new bipartisan bill proposes amendments to ensure more “appropriate” drug and biologicals payments for community oncology practices, which are struggling to provide the demand for care, under the Medicare Part B program.

A Texas free-market group wants to replace the federal Medicaid program with a state-driven TexHealth program, which it says would halt the federal program’s design that “makes states spend money in ineffective ways.”

A class-action suit has been filed by purchasers of securities from Life Partners Holdings (LPH), alleging that the Waco, Texas-based company and some of its officers and directors violated securities laws.

Digital Insurance said it intends to “aggressively” implement its growth strategy in 2011 after closing 2010 with $17 million in acquisitions.

The recent judicial trend seems to be that the signature legislation of President Obama and congressional Democrats is that their effort to seize one-fifth of the U.S. economy from the private sector and empower the federal government to dictate that Americans purchase health insurance violates what our nation’s founders deemed, “The Supreme Law of the Land.”

National insurance distribution company Confie Seguros acquired Seguros Sin Barreras, an insurance brokerage and financial services company serving Hispanic customers in 49 states.