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As costs soar, Mass. foresees change in health insurance rules (Boston Globe)
State regulators said yesterday that they will probably change the complex formula they use to determine how many Massachusetts residents face a tax penalty for not having health insurance, because spiraling costs are making coverage unaffordable for too many people.

HCC Insurance Holdings board declares dividend (AP via Yahoo! Finance)
HCC Insurance Holdings Inc. said Thursday its board of directors declared a regular cash dividend of 13.5 cents per share.

Encino lawyer among hundreds arrested in insurance scam (Los Angeles Daily News)
An Encino attorney, three chiropractors and a handful of legal aides were arrested Thursday for alleged involvement in a large-scale auto insurance fraud ring involving more than 300 suspects, authorities said Thursday.

Washington DC Rescinds 35% Health Insurance Increase (TheStreet.com)
Washington DC insurance regulator, citing errors, rescinds a previously approved price rise for a health insurer.

3 indicted in $1 million insurance scheme (Chicago Tribune)
The owner of a Maywood medical clinic and two of his employees submitted more than $1 million in false insurance claims for work that was never done and inflated claims for other work for about a decade, according to a federal indictment. Owner Darwin Minnis, 54, a chiropractor from West Chicago , is charged with multiple counts of health care fraud for submitting claims to a federal workers ...

Bennett has filed a bevy of insurance bills (Bradenton Herald)
MANATEE — State Sen. Mike Bennett is a prolific filer of bills, and again this year, he’s proposing a number of changes to state insurance laws.

Insurance group hit with weather claims (Adelaide Now)
INSURANCE Australia Group Ltd says natural peril costs will exceed its budgeted allowance for the second half after the severe weather in Victoria.

Unemployment insurance continuing claims spike (CNNMoney.com via Yahoo! Finance)
The number of Americans filing continuing claims for unemployment insurance spiked last week, the Labor Department said Thursday, as sluggish hiring continues to drag on the labor market's recovery.

Balance insurance reform: No free-market solution for a broken market (The Palm Beach Post)
Balance insurance reform: No free-market solution for a broken market

Safeco Insurance Donates $4K To Support Boys and Girls Clubs (Tyler Morning Telegraph)
Bosworth Associates announced this week that Safeco Insurance has donated $4,000 to the Boys Girls Clubs of East Texas in Tyler to support their work with children in the community, said spokesman Brian Coddington, senior account supervisor, Hill Knowlton Northwest.