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Wells to lead commercial insurance operations in Northeast, Mid-Atlantic

Wells to lead commercial insurance operations in Northeast, Mid-Atlantic

New Jersey-based Chubb has appointed Alexander Wells as regional manager for the Northeast and Mid-Atlantic regions of the its commercial insurance division. Besides New Jersey, Chubb’s brokerages offices in the Mid-Atlantic are in Maryland, Pennsylvania, Virginia and Washington, D.C. In the Northeast, it has offices in Massachusetts, […]

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GOP bill to revamp Obamacare loses more support

GOP bill to revamp Obamacare loses more support

Republicans face the prospect that their proposed health care plan will not make it to the Senate floor for a vote as two more GOP senators said they will not support the measure, putting in jeopardy one of President Trump’s top priorities. Hopes of a vote on […]

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N.Y. launches online re-license process for insurance agents

N.Y. launches online re-license process for insurance agents

New York regulators have launched an online application to speed up the re-licensing process for agents and brokers whose original licenses were expired for more than two years. According to the New York State Department of Financial Services (DFS), the online re-licensing application is available to property/casualty, […]

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Senate health bill still short on ‘yays’ but leaders vow vote next week

Senate health bill still short on ‘yays’ but leaders vow vote next week

  Senate Republican leaders Thursday released their revised bill to “repeal and replace” the Affordable Care Act, but they acknowledged that furious days of negotiation have not yet secured the 50 votes necessary to pass the measure over unanimous Democratic objections. Sen. John Cornyn (R-Texas) the No. […]

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Nursing homes move into the insurance business

Nursing homes move into the insurance business

Around the country, a handful of nursing home companies have begun selling their own private Medicare insurance policies, pledging close coordination and promising to give clinicians more authority to decide what treatments they will cover for each patient. These plans are recent additions to the Medicare Advantage […]

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Reliance opens N.Y. office to serve Northeast

Reliance opens N.Y. office to serve Northeast

Reliance Partners, a provider of commercial insurance focused on the transportation and logistics space, has opened a new office in Buffalo, N.Y. According to Chattanooga, Tenn.-based  Reliance, Rob Anderson will head up the new office, working throughout the Northeast. The Buffalo native joined Reliance last year. Reliance […]

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McConnell rolling out new GOP health bill to uncertain fate

McConnell rolling out new GOP health bill to uncertain fate

  In a high-stakes bid for conservative support, Senate Majority Leader Mitch McConnell has agreed to demands from Republican Sen. Ted Cruz of Texas to allow insurers to sell low-cost, skimpier plans as part of a new but still-reeling health care bill he was releasing Thursday, GOP […]

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IMC named ‘Great Place to Work’ by Washingtonian

IMC named ‘Great Place to Work’ by Washingtonian

Insurance Marketing Center (IMC), a Mid-Atlantic insurance wholesaler and distributor of group and individual benefits, has been named one of the “50 Great Places to Work” in the Washington, D.C., area in 2017 by Washingtonian magazine. IMC, which recently relocated its offices in Rockville, Md., services brokers […]

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AXA taps DeMinico to bolster national life sales

AXA taps DeMinico to bolster national life sales

AXA has tapped Fred DeMinico to lead independent distribution in the U.S. as the global insurer seeks to increase sales through financial institutions and broker general agents. DeMinico was hired away from John Hancock Financial Services as national accounts vice president. Boston-based John Hancock is a division […]

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Former health insurance CFO gets jail time

Former health insurance CFO gets jail time

The former chief financial officer of a Washington state health insurance company that serves people on Medicare has been sentenced to a year in prison for embezzling $632,000. Federal prosecutors said Zachary Augustus Smulski took the money from Federal Way, Wash.-based Soundpath Health in an effort to […]

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