The Texas Department of Insurance says a recent industry survey shows that many life insurance companies place policy proceeds into Retained Asset Accounts (RAAs) instead of paying proceeds directly to the beneficiaries. The department is encouraging policyholders to carefully read …
Inside the chunks of slate and wallboard smashed and scattered by Japan’s tsunami hides a health risk that has been overshadowed by contamination from a leaking nuclear plant: the odorless and nearly invisible threat of asbestos. Activists have found the …
The ACE European Group announced that it has been appointed with its partner OPDU (The Occupational Pensions Defence Union) to “provide and administer pension trustee liability cover to the NEST Corporation, the trustee body responsible for running the UK Government’s …
Health insurance companies may not collect fees from a new insured on behalf of an insurance consultant if the insurance business is placed by an insurance consultant in Nebraska, according to the Nebraska Department of Insurance. The Nebraska DOI said …
Indianapolis, Ind.-based property/casualty and employee benefit agency MJ Insurance announced it has formed a Human Resource Consulting Division. Citing federal health care reform, understaffed and overwhelmed HR managers in a broad array of industry sectors, MJ Insurance CEO Mike Bill …
Salt Lake City-based The Buckner Co. has hired Carol Dana in its Employee Benefits department, and subsequently acquired Dana’s agency, Dana Benefits. Dana will join the team of benefits experts at The Buckner Co., where she will continue to work …
After completing a review of health insurer Wellmark’s November 2010 rate increase request, Iowa Insurance Commissioner Susan E. Voss has determined the company will not be allowed to raise individual health insurance policy base rates by 10.8 percent, as requested. …
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 …
A legislative committee in Arkansas has blocked an attempt to reject a key portion of the federal health care overhaul, while another group of lawmakers passed the first appropriation bill in the third week of the legislative session. The House …
Hundreds of hospitals, federally qualified health centers (FQHC) and other qualified providers in California and across the U.S. could soon save on their drug costs through a product developed by Keenan that assists with implementing or enhancing the 340B federal …
