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Saturday, February 4 2012
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Big Banks Face Inquiry Over Home Insurance - New York Times
Posted on Jan 10, 2012 (25 days ago)

Live Insurance News
Big Banks Face Inquiry Over Home Insurance
New York Times
A New York State financial services agency is investigating several large banks to see whether they fraudulently steered homeowners into overpriced insurance policies. The investigation centers on so-called force-placed insurance that has become ...
BofA, Citigroup Are Rumored Targets Of A New York Insurance Fraud ProbeBusiness Insider
Force-Placed Home Insurance Has Its PlaceTheStreet.com
Bank of America Targeted in New York Insurance ProbeWall St. Cheat Sheet
Wall Street Journal -Live Insurance News
all 54 news articles »

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Nutritionist Indicted on Insurance Fraud, Theft Charges - Patch.com
Posted on Feb 2, 2012 (2 days ago)

Nutritionist Indicted on Insurance Fraud, Theft Charges
Patch.com
Azadeh Ahmadi, who has an office on Franklin Ave. in Ridgewood, is alleged to have made false healthcare claims to insurance companies totaling over $40000 By James Kleimann Nutritionist Azadeh Ahmadi, 42 of New York City, is alleged to have committed ...


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Pharmacist with Ridgewood and Passaic offices indicted on fraud and theft charges - NorthJersey.com
Posted on Feb 1, 2012 (3 days ago)

Pharmacist with Ridgewood and Passaic offices indicted on fraud and theft charges
NorthJersey.com
BY ERIK SHILLING A New York City nutritionist with offices in Ridgewood and Passaic was indicted Wednesday on charges that she fraudulently billed health insurance companies for nutritional counseling services that never took place, authorities said.

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Supreme Court At Mid-Term: Hints Of Health Reform Decision - Huffington Post
Posted yesterday.

Supreme Court At Mid-Term: Hints Of Health Reform Decision
Huffington Post
Roberts, in particular, "is very cautious of the institutional credibility of the Court," said Barry Friedman, a New York University law professor. The decisions show that Roberts "is working very hard, as apparently are some of the justices, ...

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Healthcare Alliance cards: The Real Deal - NewsChannel 9 WSYR
Posted on Feb 1, 2012 (3 days ago)

Healthcare Alliance cards: The Real Deal
NewsChannel 9 WSYR
The cards are from Healthcare Alliance, a New York City-based company, which says it can save the recipient an average of 40 percent. Pharmacies, however, will not accept the card on top of any insurance the person already has.

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California-based Alliant Insurance acquires TRPS - Insurance Business Review
Posted on Feb 1, 2012 (3 days ago)

California-based Alliant Insurance acquires TRPS
Insurance Business Review
California-based specialty insurance broker Alliant Insurance Services has completed the acquisition of Thesco Retirement Planning Services (TRPS), a New York-based 401(k) advisory and brokerage firm. Alliant Insurance CEO Tom Corbett said the ...
Alliant buys Thesco, seeking more of Northeast's 401(k) marketplaceIFAwebnews.com

all 2 news articles »

Tags:   TRPS
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Considine stepping down from state banking and insurancepost - NorthJersey.com
Posted on Jan 31, 2012 (4 days ago)

NorthJersey.com
Considine stepping down from state banking and insurancepost
NorthJersey.com
Tom Considine, commissioner of the state Department of Banking and Insurance, is resigning effective Feb. 10 to become chief operating officer of MagnaCare, a New York City-based provider of health insurance plans for self-insured organizations, ...

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Editor's Desk: T.W.I.G. Notes - Government Health IT (blog)
Posted on Feb 2, 2012 (2 days ago)

Editor's Desk: T.W.I.G. Notes
Government Health IT (blog)
A New York Times editorial predicted this week that health insurance companies will “go the way of the dinosaurs” if they don't “find a new business to be in,” namely becoming an accountable care organization in one fashion or another.


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Lightyear Capital Acquires Control Stake in Paradigm Acquisition Corp. - MarketWatch (press release)
Posted on Feb 1, 2012 (3 days ago)

Lightyear Capital Acquires Control Stake in Paradigm Acquisition Corp.
MarketWatch (press release)
NEW YORK, Feb 01, 2012 (BUSINESS WIRE) -- Lightyear Capital, a New York-based private equity firm focused on financial services investing, today announced that an affiliated investment fund has acquired Paradigm Acquisition Corp, the leading nationwide ...

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Equity Committee Nominates Four Board Members for Reorganized Washington ... - MarketWatch (press release)
Posted yesterday.

Equity Committee Nominates Four Board Members for Reorganized Washington ...
MarketWatch (press release)
He has extensive transactional, management, and compliance experience in the restructuring, corporate, and venture capital arenas with particular emphasis on troubled insurance and financial entities. From June 2008 through August 2010, Mr. Graham was ...

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Budget would create health insurance exchange - Legislative Gazette
Posted on Jan 23, 2012 (12 days ago)

Budget would create health insurance exchange
Legislative Gazette
Andrew Cuomo's 2012-2013 Executive Budget includes legislation to create a New York Health Benefit Exchange (S.5849/A.8514) as a centralized marketplace for health insurance. The controversial Health Benefit Exchange would facilitate the competitive ...

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Local radiation oncologist makes cut for Top Doctor - Kokomo Perspective
Posted on Feb 2, 2012 (2 days ago)

Local radiation oncologist makes cut for Top Doctor
Kokomo Perspective
The prestigious list is compiled by Castle Connolly Medical Ltd., a New York–based healthcare research company. Castle Connolly and Indianapolis Monthly reached out to area hospitals and physicians to take nominations for exceptional, highly-skilled ...


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Rubio Condemns Obamacare on Grounds of Religious Freedom - Talk Radio News Service
Posted yesterday.

Rubio Condemns Obamacare on Grounds of Religious Freedom
Talk Radio News Service
is speaking out against the Obama administration's decision to require faith-based groups to offer insurance plans that cover birth control. In a New York Post Op-Ed, the Senator urged the United States to take advantage of his Religious Freedom ...

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Banks Join Pensions in Squeeze as Federal Reserve's Low Rates Erode Profit - Bloomberg
Posted on Feb 2, 2012 (2 days ago)

Bloomberg
Banks Join Pensions in Squeeze as Federal Reserve's Low Rates Erode Profit
Bloomberg
For now they're squeezing profits at banks and disrupting investment strategies at insurance companies and pension funds. They've reduced payouts on savings accounts and bonds, and may lead to higher bank fees and insurance premiums.

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Can insurers survive in an ACO-driven market? - FierceHealthPayer
Posted on Feb 2, 2012 (2 days ago)

Can insurers survive in an ACO-driven market?
FierceHealthPayer
Health insurance companies will be extinct in the next eight years and replaced by accountable care organizations (ACOs) throughout the industry, said a former White House advisor. ACOs render insurers unnecessary by increasing coordination of patient ...

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Court Upholds Travelers vs. Reinsurers in Big Asbestos Award - Insurance Journal
Posted on Jan 25, 2012 (10 days ago)

Court Upholds Travelers vs. Reinsurers in Big Asbestos Award
Insurance Journal
By Ben Berkowitz | January 25, 2012 A New York appellate court affirmed a $420.4 million ruling in favor of insurer The Travelers Companies, handing it a victory in one of the longest-running and most complex asbestos-related litigations in history.
New York Appeals Court Affirms $420 Million Win for Travelers in Long-Running ...Insurance News Net (press release)
Court affirms huge Travelers asbestos awardThomson Reuters News & Insight

all 4 news articles »

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Securian Wins Innovation Award - MarketWatch (press release)
Posted on Jan 31, 2012 (4 days ago)

Securian Wins Innovation Award
MarketWatch (press release)
PAUL, Minn., Jan 31, 2012 (BUSINESS WIRE) -- Minnesota Life Insurance Company, a subsidiary of Securian Financial Group, Inc., was recognized by Best's Review magazine for its Project Galileo speed-to-market program. It was featured in the Innovators ...

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Former governor heads investors eyeing Philadelphia newspapers - Sacramento Bee
Posted yesterday.

WDEL 1150AM
Former governor heads investors eyeing Philadelphia newspapers
Sacramento Bee
Rendell's group includes New Jersey businessman Lewis R. Katz; Comcast-Spectacor Chairman Edward M. Snider; William P. Hankowsky, chief executive of Liberty Property Trust; George Norcross, insurance executive, New Jersey Democratic leader and chairman ...
Ex-gov, Flyers owner may bid on Philly newspapersWall Street Journal

all 238 news articles »

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Microsoft's stagnating industrial mobile market - The Verge
Posted yesterday.

Microsoft's stagnating industrial mobile market
The Verge
... a New York Times article points out an area where Windows Mobile is losing ground: ruggedized industrial units. Used throughout the retail sector, by couriers, in healthcare, and a variety of other places, rugged handsets are relied upon, ...


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IN RE BLACK - Leagle.com
Posted yesterday.

IN RE BLACK
Leagle.com
Before me is a motion to dismiss or stay ("Motion") the litigation of certain counterclaims\setoffs asserted by Black, Davis and Shue Agency, Inc. ("Debtor") against Frontier Insurance Company in Rehabilitation ("Frontier") in response to claims filed ...


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Digiscribe Scans 4.1 Million Pages in 8 Weeks for Leading Insurance Provider - PR Web (press release)
Posted on Jan 30, 2012 (5 days ago)

Digiscribe Scans 4.1 Million Pages in 8 Weeks for Leading Insurance Provider
PR Web (press release)
Digiscribe International, a New York based document scanning service company, met the demanding turnaround requirements of a leading insurance provider by scanning over 4 million pages of their business critical documents in 8 weeks.

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Concussions could ruin NHL teams if insurers pull coverage - Toronto Star
Posted on Jan 31, 2012 (4 days ago)

USA TODAY
Concussions could ruin NHL teams if insurers pull coverage
Toronto Star
The NHL requires teams to insure roughly 80 per cent of the value of their top five player contracts through BWD Group, a New York insurance company. Rates have more than doubled from about 2 per cent in 2004 to more than 5 per cent of a contract's ...
MacKinnon: Hit to wallet may be needed to stop head hitsEdmonton Journal

all 69 news articles »

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Financial Improprieties Alleged at All-Girls Charter School Network - New York Times
Posted on Jan 30, 2012 (5 days ago)

Financial Improprieties Alleged at All-Girls Charter School Network
New York Times
By Anna M. Phillips A New York City charter school network has told parents that it is a victim of theft by “a senior member of the finance and operations department,” who it says used the network's credit card to spend tens of thousands of dollars on ...

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EPIC program rules, fees change - The Daily News Online
Posted yesterday.

EPIC program rules, fees change
The Daily News Online
The Elderly Pharmaceutical Insurance Coverage (EPIC) program changed significantly with the start of the new year. The changes stem from the need to reduce the state's budget deficit and were included as part of the overall budget reduction.

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Tags:   EPIC
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Appeals court overturns its own ruling on insurance law - Thomson Reuters News & Insight
Posted on Jan 17, 2012 (18 days ago)

Thomson Reuters News & Insight
Appeals court overturns its own ruling on insurance law
Thomson Reuters News & Insight
NEW YORK, Jan 17 (Reuters) - A New York appeals court overturned its own precedent Tuesday in ruling that insurance companies must immediately notify their customers when they are denying a claim based on lateness, rather than hold off while they ...


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