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Current Insurance News Today

Insurance changes affect seniors
The first relates to the way companies sometimes hold, rather than pay out, life insurance proceeds after an insured person dies. The second relates to a precedent-setting lawsuit against an insurance agent who sold an annuity to a senior with dementia

Sun, 20 May 2012 05:18:10 -0700

Farmers Insurance Announces Partnership With the Golf Coaches Association of America
LOS ANGELES, CA-- - Farmers Insurance, the sponsor of the PGA TOUR's Farmers Insurance Open, is proud to announce a partnership with the Golf Coaches Association of America as the presenting sponsor of ...

Fri, 18 May 2012 11:23:00 -0700

Insurance broker admits defrauding Philly Housing Authority
A politically connected insurance broker pleaded guilty Friday to defrauding the Philadelphia Housing Authority of $2.3 million and is now naming names for federal authorities of public officials and others who allegedly have accepted bribes or kickbacks in return for business.

Sat, 19 May 2012 00:13:38 -0700

NY hearings on 'forced' insurance in foreclosure
Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators.

Fri, 18 May 2012 07:21:15 -0700

Backers of health insurance rate regulation edge closer to ballot
Supporters of a proposed ballot measure seeking tighter regulation of health insurance rates in California turned in 800,000 petition signatures, confident that they will qualify for the Nov. 6 election. Supporters of a proposed ballot measure seeking tighter regulation of health insurance rates in California turned in 800,000 petition signatures, confident that they will qualify for the Nov. 6 ...

Fri, 18 May 2012 16:27:03 -0700