National News

Republicans to Use Burwell HHS Hearings to Question Affordable Care Act

Republican lawmakers said hearings on Sylvia Mathews Burwell’s nomination as U.S. Health and Human Services secretary provide a fresh opening to raise questions about President Barack Obama’s health-care law. Obama’s choice of Burwell, the director of the Office of Management …

Independent Insurance Agents Find Some Pundits, Politicians in Washington Agree

News flash: a conservative and a liberal in Washington agree — on quite a few matters, in fact. Before an audience of independent insurance agents last Friday, conservative commentator Tucker Carlson and liberal commentator Paul Begala agreed that the coming …

Municipal Bond Insurance Sales Expected to Rise With Interest Rates

Demand for municipal bond insurance is poised to increase as rising interest rates reduce investor appetite for riskier state and local debt, according to Janney Montgomery Scott. Bond insurance accounted for 4.4 percent of new muni issuance last quarter, up …

Secure Settlements Launches Mortgage Settlement Insurance

Secure Settlements, Inc. (SSI), a data intelligence and risk analytics company for the mortgage industry, has partnered with RFIB Group Ltd. and certain underwriters at Lloyd’s of London to offer a new product that will insure lenders utilizing SSI’s ClosingGuard …

Hartford CEO McGee’s Pay Up 58% to $17.7 Million As Stock Surges

Liam McGee, the chief executive officer of Hartford Financial Services Group Inc., had his compensation increase 58 percent last year as he presided over a stock surge and sold assets to narrow the company’s focus. His package climbed to $17.7 …

Sebelius Resigning as Obama Health Chief

U.S. Health and Human Services Secretary Kathleen Sebelius is resigning after overseeing the botched rollout of President Barack Obama’s signature healthcare reforms, a White House official said on Thursday. Her departure removes a lightning rod for Republican critics as Obama …

9 Ex-Players Sue NHL Over Head Injuries

The National Hockey League was sued by nine former players who claim a culture of “extreme violence” resulted in head injuries and subsequent long-term consequences related to trauma. The NHL has failed to warn players against the risks of head …

Forecasters See Quiet Atlantic Hurricane Season

Rising heat in the equatorial Pacific Ocean portends the quietest Atlantic hurricane season in five years, Colorado State University researchers said. Nine named storms, with winds of at least 39 miles (63 kilometers) per hour, are expected to develop this …

Senators Announce Bipartisan Bill to Reauthorize Terrorism Insurance

A bipartisan group of U.S. senators has agreed on legislation to extend the government’s financial backstop of terrorism insurance for seven years. The legislation would raise private insurers’ co-payments to 20 percent from 15 percent. “In the long shadow of …

Larson, Aga Join Leavitt Recreation & Hospitality

Leavitt Recreation & Hospitality (LRHI) added Ali Larson and Marvin Aga as commercial insurance producers focused on outdoor recreational businesses, including campgrounds, RV parks, resorts, hunting lodges and ammunition manufacturers. Larson has experience in property, auto and life insurance. Prior …

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