First Niagara Risk becomes Key Insurance & Benefits
First Niagara Risk Management, which operates in New York, Connecticut and Northeastern Pennsylvania, is now known as Key Insurance & Benefits following its acquisition in July.
NYC workers arrested for alleged $500,000 insurance thefts
More than a dozen current and former New York City Police Department and Fire Department employees have been arraigned on charges of insurance fraud and grand larceny.
Hilb Group acquires South Carolina benefits firm
Richmond, Va.-based The Hilb Group has acquired Endeavor Insurance Services, a group health and benefits firm based in Greenville, S.C.
Report advises profit cap on insurers that manage Medicaid care in Virginia
A new legislative report recommends that Virginia consider a tighter cap on profits for insurance companies that manage care for most people in the state’s Medicaid program.
Kelly & Associates wins accolades from state officials for 40 years of service
Kelly & Associates Insurance Group was honored by state officials recently for its 40 years of service in Maryland.
CareFirst provides $575,000 to West Baltimore nonprofits
CareFirst BlueCross BlueShield announced contributions totaling $575,000 to five nonprofit organizations working to improve the health and well-being of residents in West Baltimore.
AHIP elects 5 new members to board of directors
America’s Health Insurance Plans (AHIP) announced that five new members have been elected to its board of directors.
Consedine named CEO of NAIC
Former Pennsylvania Insurance Commissioner Michael F. Consedine has been named CEO of the National Association of Insurance Commissioners, effective next year.
HSA balances post significant growth last year
Balances in health savings accounts (HSAs) grew by more than a third in 2015, according to the most recent statistics available.
Obamacare COOP Evergreen Health to cease issuing new policies, renewals in Maryland
Evergreen Health Cooperative, created under Obamacare, will not be issuing or renewing individual health benefit policies in Maryland after failing to meet federal deadlines.