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Pharmacists’ group says Aetna, CVS Caremark deal is bad medicine
N.M. Supreme Court rules against Blue Cross on 21% rate hike hearing
Even with reform’s savings, Md. health care system ‘unsustainable’
NAIC ‘re-reviewing’ disclosures on retained asset accounts
New York, feds probing life insurers’ handling of military policies
Ill. insurance agency, 3 agents’ licenses revoked over sales to military
Clinic raid, arrests part of Florida’s fight against staged crashes
Absent big storm, ‘soft’ property-casualty market to continue
GAO to probe state regulators’ alleged abuses of risk retention groups
SCC plans October hearing on workers’ compensation rate changes
The Virginia State Corporation Commission (SCC) has scheduled an October hearing to consider a request to change the premium levels charged for workers’ compensation insurance. Read Story
Founder of N.J. insurance agency pleads guilty in District fraud case
The founder of a Red Bank, N.J., a managing general agency has pleaded guilty to one count of insurance fraud in connection with fraudulent statements in an application to operate as a captive insurance company in Washington, D.C., according to federal prosecutors. Read Story
D.C.-area insurance agent loses license for falsifying paperwork
A Germantown, Md., woman had her insurance license revoked after she admitted to falsifying a certificate of liability insurance. Read Story
Elephant donating $10 to Gulf oil spill recovery for each online quote
Elephant Auto Insurance is starting a new campaign to help raise money to restore the environment and wildlife that have been affected by the Gulf Coast oil disaster. Read Story
Erie Insurance Group’s strong balance sheet, partnering touted
Web-based claims management system heading to N.Y., N.J., other states
Va. agent drops suit over introduction in LTC insurance case
IIAV teams up with PROXIOS on cloud computing solution
Markel Corp. to add workers’ comp. sales with $135 million acquisition
Arch Insurance to pay $460,000 over unpaid Equity Homes refund claims
Hilb father, son form new middle-market insurance brokerage
CareFirst to reward healthy choices through new ‘HealthyBlue’
The National Association of Insurance Commissioners is “re-reviewing” disclosure requirements regarding retained asset accounts (RAAs), said Jane L. Cline, the association's president.Read →
Nothing inspires a politician more than a good populist cause, and one of the most populist of all causes in the last ten years or so has been insurers’ use of credit scoring. It has provided fuel for a fire that no one can effectively extinguish. No response to charges levied against its use is sufficient. Its benefits do not matter. In short, as far as government and the public are concerned, it is indefensible, but insurers insist on fighting for the ability to use it.
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