July 11, 2011
Three firms are vying to advise the Louisiana Gov. Bobby Jindal’s administration on efforts to privatize a state worker health insurance program. Michael DiResto, a spokesman for the governor’s Division of Administration, said the firms are Barclays Capital, Goldman Sachs …
July 11, 2011
Legislation that makes it a crime for lawyers or health professionals to solicit crash victims within the first 30 days of an accident has finally become law in Texas. House Bill 148 by Rep. Todd Smith of Euless was approved …
July 11, 2011
A career state insurance regulator will receive a big pay raise to become a consultant to the Wisconsin Office of the Insurance Commissioner. The Milwaukee Journal Sentinel reports that Lafayette County Judge William Johnston approved a contract that will pay …
July 11, 2011
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Prescott Pailet Benefits LP (PPB), a $6 million employee benefits broker based in Dallas, Texas. Terms of the transaction were not disclosed. Formed in 2006 …
July 11, 2011
The Ramsey County, Minn., judge overseeing state spending in the government shutdown has ordered continued funding for several Minnesota Historical Society operations and continued pension payments for former state executive officers but denied a request to fund insurance investigators at …
July 11, 2011
A jilted professional football player has filed a lawsuit to compel the safe return of the $76,000 engagement ring he offered in a marriage proposal-by-mail. An insurance company investigation determined the bauble was in the possession of the wide receiver’s …
July 11, 2011
States deciding whether to set up health insurance exchanges will get more information today when the Obama administration reveals more on how these complex marketplaces will work. The federal government has so far given few details on this transformative part …
July 11, 2011
The National Association of Insurance Commissioners (NAIC) has hired a former Capitol Hill advisor as manager of International Relations. Eric Thompson will be responsible for coordinating state insurance regulators’ efforts on key international financial regulatory issues. The NAIC International Relations …
July 11, 2011
Limiting the tax break for employer-provided health insurance became a bargaining chip on Friday in congressional negotiations to beat an Aug. 2 deadline for averting a U.S. default. “Limiting the deduction for the higher income brackets is something that is …
July 11, 2011
I remember my mom and dad telling us stories growing up about how tough things were when they were our age. My sisters and I would be shocked by some of the circumstances they endured as kids. We now know …