Health Care Reform News

Kansas Studying Impact of Health Insurance Act on Agents, Insurers

Kansas Insurance Commissioner Sandy Praeger will conduct a public fact-finding hearing March 14 regarding the impact on Kansas insurance companies and agents of a medical loss ratio (MLR) provision in the federal Affordable Care Act (ACA). The hearing will begin …

Oklahoma Agents Group Outlines Legislative Interests for 2011

The Independent Insurance Agents of Oklahoma (IIAO) is following a number of insurance related measures that have been introduced in the current state legislative session. According to IIAO President and CEO Dan Ramsey, the agents group is keeping tabs on …

Oklahoma Senator Seeking Transparency in Health Insurance Rate Increases

Oklahoma State Sen. Earl Garrison wants insurance companies to be accountable to citizens and justify any rate increases. He has introduced Senate Bill 354, which would ensure that premium rate information relating to the individual accident and health insurance market …

Calif. Commissioner Jones to Enforce Medical Loss Ratio Rule

Almost immediately after being sworn into office on Tuesday, California Insurance Commissioner Dave Jones signed an emergency order to enforce the medical loss ratio. the MLR rules require insurers to annually disclose the percentage of premium revenue spent on reimbursement …

Test Your 2010 Insurance News IQ: 25 Questions

Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by InsuranceJournal.com in 2010. Good luck! 1. …

Fact or Fiction? Insurance Tidbits of Known and Little-Known Information

Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in the industry? These are just a few …

Reader’s Choice

Never lose sight of what the reader wants. That has been the motto for Insurance Journal throughout its 85-year history of publishing news and information for our most important customers — independent agents and brokers. To accomplish this mission, editors …

Heffernan Insurance Brokers Adds Two to Employee Benefits Team

Heffernan Insurance Brokers has added Chris Nussbaum and Paul Martinez as assistant vice presidents and employee benefits producers. Nussbaum brings 18 years of experience as an employee benefits professional on both the carrier and brokerage side to his role at …

IMA Insurance Broker Launches Benefits Practice

To best help clients navigate the changing benefits landscape and a post-health care reform world, retail insurance broker IMA Inc. has created a benefits practice, IMA Benefits. IMA Benefits will be the new home of the benefits practice groups in …

Insurance Industry Outlook Improving, Slightly

The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry economist. The property/casualty insurance …