Regulation/Legislation

In the wake of an antifraud group warning about phony health insurance scams, Florida authorities said they have ordered 12 firms to halt the unauthorized sale of health insurance.

The White House and congressional Democratic leaders are crafting a new health care reform bill including a tax on high-priced health insurance plans, according to administration officials and industry sources.

The Florida Office of Insurance Regulation has issued an Order to 12 entities, following an investigation into "fax blasts."

Liberty Mutual Insurance Co. has brought a federal court action arguing that a sham transaction by General Re Corp. inflated the value of a company it sold to Liberty by millions of dollars.

To the relief of workers' compensation insurers and self-insured risk managers, the government has extended their deadline for reporting under the Medicare Secondary Payer Act until next year.

The Obama administration, launching an effort to get its health care reform legislation back on track, issued a report indicating that without changes health insurance premiums will continue to skyrocket.