Insurance Law

Selective Insurance Group Reports Third Quarter 2011 Earnings – Yahoo Finance

Selective Insurance Group, Inc. is a holding company for seven property … We undertake no obligation, other than as may be required under the federal securities laws, to publicly update or revise any forward-looking statements, whether as a result …

Shareholder Class Action Over Imperial IPO Goes Federal – site.law360.com

Law360, New York (October 26, 2011, 2:32 PM ET) — Life insurance investor Imperial Holdings Inc. removed to Florida federal court on Tuesday a proposed class action alleging it failed to notify shareholders of the purported wrongdoing that led to … Continue reading

Health Insurance Industry OK With ObamaCare As Long As There’s a Mandate to Purchase Health Insurance – Reason.com

The brief makes it pretty clear how the health insurance industry perceives the law—as well as what it gets out of it: AHIP, which was generally supportive of reform during the debates that led to its passage, urges the Supreme … Continue reading

Henderson Franklin welcomes attorney David Hughes to Tort and Insurance Defense Team – Naples Daily News

The law firm of Henderson, Franklin, Starnes & Holt, P.A. is pleased to announce that Attorney David Hughes has joined the firm as an associate in the Tort & Insurance Litigation division and will be based out of the firm’s … Continue reading

Audit: Insurance agency spent 11 percent of grants – AP – msnbc.com

The South Carolina Department of Insurance has spent little of nearly $2.5 million in federal grants it sought under the 2010 health care law, according to a state audit released Tuesday. The report by the Legislative Audit Council says the … Continue reading

Audit: Insurance agency spent 11 percent of grants – msnbc.com

COLUMBIA, S.C. — The South Carolina Department of Insurance has spent little of nearly $2.5 million in federal grants it sought under the 2010 health care law, according to a state audit released Tuesday. The report by the Legislative Audit …

Audit shows grants comply with law – The Post and Courier

State auditors reviewing more than $2.4 million in federal grants to the S.C. Department of Insurance determined that the money was “handled in compliance with the law and terms” of the funding, according to a report released Tuesday.

New Law on Compulsory Insurance for Owners of Hazardous Facilities – Moscow Times

Only two months are left before the federal law on compulsory liability insurance for owners of hazardous facilities for harm caused by an accident at a hazardous facility (“the New Insurance Law”) comes into effect. From Jan. 1, 2012, the … Continue reading

Health-care law to save average Florida family $1,520 per year by 2019, group says – Sun Sentinel

The assumption is that coverage of the uninsured through expansion of Medicaid and other means will eliminate the “hidden tax” that leads to higher premiums for those who have insurance. The law’s proponents also hope the new “exchanges” — a … Continue reading

Health Insurance Exchange Focus of Va. Meeting – WHSV

The General Assembly wants a jump on how to create a health-insurance exchange required under federal law. The Richmond Times-Dispatch reports that commerce and labor committees of both legislative houses will meet Nov. 15 for a joint briefing by Secretary … Continue reading