Archive for the ‘Insurance Tips’ Category

Governors’ Agendas Include Medicaid But Not Much On State Insurance Exchanges

Meanwhile, a Colorado legislator seeks to force the governor to ask for a waiver to change the Medicaid program. Politico Pro: Exchanges: Small Profile In Big Speeches It’s that big speech time of year again: state of the state addresses. But if you’re looking for a big dose of health policy on governors’ agendas, you [...]

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N.J. court dismisses agents’ franchise suits against Allstate

A New Jersey superior court dismissed all claims in franchise lawsuits filed against Allstate New Jersey Insurance Co., based in Bridgewater, N.J. Last year, three exclusive agents filed lawsuits seeking to prevent the termination of their agency agreements for failing to meet certain business objectives. They alleged they had franchise relationships with Allstate New Jersey [...]

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Young Adults Make Insurance Coverage Gains Under Health Law

Data from the Department of Health and Human Services estimate that 2.5 million young adults now have health insurance. Los Angeles Times: Millions Of Young Adults Getting Coverage Under New Health Care Law The health care law signed by President Obama last year has now helped as many as 2.5 million young adults get health insurance [...]

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Markel buying THOMCO in what is called ‘win for both parties’

Richmond, Va.-based Markel Corp. is acquiring Thompson Insurance Enterprises, which operates as THOMCO, a privately held program administrator underwriting multi-line, industry-focused insurance programs. Based in Kennesaw, Ga., THOMCO manages more than 20 national programs, including those serving medical transportation, senior living, childcare centers, fitness centers, pest control operators, tanning salons and inflatable rental operators. Financial terms [...]

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Govt approves 26% stake sale of Reliance life insurance to Nippon

NEW DELHI| HYDERABAD: The government has allowed Anil Dhirubhai Ambani Group firm Reliance Life Insurance to sell 26% stake to Japan’s largest life insurer Nippon Life Insurance. But it has asked the insurance regulator to frame a common policy before approving the deal, a source familiar with the development told ET. The deal, announced in [...]

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Democrats Ask Obama Not To Dilute Contraceptive Benefits

The Washington Post: Democrats Lobby Against Any Broader Exceptions To Contraceptive Coverage Democratic lawmakers, fearful that President Obama is on the verge of significantly diluting a proposed regulation that would give millions of women access to birth control without out-of-pocket insurance charges, are furiously lobbying the White House to hold the line (Aizenman, 11/22). CQ [...]

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Guaranteed life income products sustaining variable annuity sales

Variable annuity (VA) sales rose 16% in the third quarter, totaling $40.2 billion, according to the LIMRA’s third quarter 2011 U.S. Individual Annuities Sales survey. The survey, representing data from 94% of the market, showed that VA sales have grown for six consecutive quarters, with every quarter in 2011 showing double-digit increases over the same period in [...]

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