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Daily Featured Articles - 5/17/2013

INN Exclusives

Mass. Math Underscores Importance Of Tax Exclusions For Coverage
The “Massachusetts experiment” in health care reform shows the importance and value of federal tax breaks in providing incentives for businesses to offer employees coverage, according to health care policy experts...
New Genworth Chief Outlines Plan For 2013 At Annual Meeting
Future growth opportunities for Genworth Financial, the life, mortgage and long-term care insurer, lie in selling life insurance to the middle market, long-term care insurance and the recovery of the housing market...

Hot Off The Wires

Companies Give New Emphasis To DIAs
A recent LIMRA study suggests a growing interest in deferred income annuities as nine companies currently offer one and an additional eight companies are planning to introduce their own deferred income annuity (DIA).
Annual Health Care Growth Rates Slowed In March
Data released for the S&P Healthcare Economic Composite Index indicates that the average per capita cost of health care services covered by commercial insurance and Medicare programs increased by 3.02 percent over the 12 months ending in March...
IRS Could Ease Deadline For Health Insurance
Employers who are struggling to meet the federal deadline to add health insurance coverage for employees' children next year would have more time to add the coverage without being fined under proposed rules being considered by the Internal Revenue Service...
5 Charged In Alleged $1M Insurance Fraud
Five Sacramento, Calif., area residents were arrested by department fraud investigators and charged with multiple felony counts. Investigators said they were involved in an alleged insurance fraud scheme totaling nearly $1 million...
Allstate: $216M In Catastrophe Losses In April
Severe weather led to $216 million in catastrophe losses in April for Allstate...
Fraud Sweep Arrests 26 For Staged Accidents In Fla.
A massive crackdown on an auto-accident insurance fraud ring based largely in Palm Beach County, Fla., resulted in charges against 33 people and 26 arrests...
Pa. Insurance Department Fines Highmark
Highmark has been fined $50,000 by the Pennsylvania Insurance Department for minor insurance market violations, following a two-year review of the company...
Pru To Pay $14M In Minn. Over Unclaimed Benefits
Thousands of Minnesotans could be due some long-lost payouts as part of a $14 million settlement the state has reached with Prudential over unclaimed death benefits...
Humana Selling Concentra Lab Business To Quest
Health insurer Humana is selling a toxicology and clinical lab business, a division of its Concentra health care provider, to Quest Diagnostics Inc...
Zane Benefits Publishes New Information On Navigators
Zane Benefits published new information on Exchange Navigators...
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Insiders Only Articles

Aviva Trims First-Quarter Expenses 9%, Plans To Cut 2,000 Positions
Aviva plc cut its overall expenses in the first quarter, while reporting flat results for operating capital generation and general insurance combined ratio...
Former Insurance Agent Gets 5 Years In Fraud Case
A Denham Springs, La., man has been sentenced in federal court to nearly five years in prison and ordered to pay two life insurance companies more than $1.4 million for frauds he committed against them...
Dog Bite Claims Fall, Except For Mail Carriers
Last year, dogs were slightly less bitey, but they made an exception for mail carriers...
Obamacare: 3 Years In, Challenges Remain
Americans have a dimmer view of the health care law now than they did when Obama triumphantly signed it three years ago, according to monthly tracking polls by the Kaiser Family Foundation...

Insurance Newswires - 5/17/2013

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