Insurance News & Info

The Manhattan United States Attorney and the Federal Bureau of Investigation have charged three insurance agents with a $100 million fraud scheme involving stranger-owned life insurance or STOLI. Typically, people buying a life insurance policy have some relationship to the person being insured. In contrast, with STOLI arrangements, a ... […]

The Consumer Federation of America is attacking home insurers for holding too much capital and avoiding business in risk-prone regions, charging that property-casualty companies have "hollowed out" catastrophe coverage. In response, the head of the major industry trade group charged that CFA is dead wrong and is ignorant of ... […]

In the heated debate over to what extent religiously affiliated employers should be required to provide free contraception for workers, no one has talked much about what methods are available to women who want to prevent pregnancy and how their choices might change if cost were removed from the equation. ... […]

As health care costs continue to climb, many midsize employers are turning to self-funding as a cost-effective way to provide health benefits to their employees. Fifty-eight percent of employers with 200 to 999 employees self-funded their health care programs in 2010, up from 44% in 1999, according to the ... […]

BOISE, Idaho — Republican lawmakers in a handful of states are opening another front in the war against President Obama’s health care overhaul, seizing on the hot-button issue of birth control with bills that would allow insurance companies to ignore new federal rules requiring them to cover contraception. Measures ... […]