In today’s competitive insurance industry and struggling economy, agents are hard pressed to sell anything more than the bare coverage necessities. But while this challenge may seem daunting, it is not without significant rewards. Increased revenue, stronger client relationships, and …
Healthy Action “The Affordable Health Care for America Act is a piece of legislation that will provide stability and security for Americans who have insurance; quality, affordable options for those who don’t; and bring down the cost of health care …
Chimp Victim Sues Connecticut “We believe the evidence will show that the state, acting through the Department of Environmental Protection, failed to adequately address a serious public safety issue that resulted in tragic consequences for our client.” —Matt Newman, attorney …
Opposed to Public Option “The House passed a bill today that includes a government-run health insurance plan (public option) that would unfairly compete with the private insurance marketplace, limit consumer choice and increase the taxpayer burden.” —Charles Symington, senior vice …
The Oregon Department of Consumer and Business Services (DCBS) recently fined Providence Health Plans $30,000 for mishandling nearly 7,000 claims, according to an Insurance Division press release. “In this tough economy, with health care costs continuing to rise, it is …
California’s State Compensation Insurance Fund today announced it has filed a 5 percent rate increase in collectible premium. The revised rate will apply to new and renewal workers’ compensation policies effective on or after January 1, 2010. “The principal driver …
Workers’ compensation insurance provider, Texas Mutual Insurance Company, has begun distributing approximately $1 million in dividends among nearly 2,600 first-year policyholders across the state. In total, Texas Mutual’s dividend payout for 2009 is $75 million. “We have a permanent, vested …
Chairman Christopher Dodd (D-Conn.) of the Senate Banking Committee on Tuesday introduced a draft of the long-awaited financial services regulatory reform bill. While insurance industry representatives were quick to applaud Dodd, the committee and staff on their work, they also …
When Maurice “Hank” Greenberg has been in the news during the past five years, the story usually has been about American International Group (AIG), the company he built into an insurance conglomerate and headed until his ouster in 2005. Now, …
Oklahoma gives away billions of dollars in tax revenue through hundreds of exemptions, credits and deductions that some lawmakers say the state may no longer be able to afford as it slips deeper into a revenue shortfall. Tax breaks have …
