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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. March 11, 2010 3:35 PM 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. March 11, 2010 1:55 PM 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 ... March 11, 2010 1:10 PM 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. March 11, 2010 11:01 AM Va. assembly approves bill to bar health-insurance mandate (Washington Post) RICHMOND -- The Virginia General Assembly has given final approval to a bill that would make it illegal for the government to require individuals to purchase health insurance, a measure intended to conflict with Democratic efforts to reform health care in Washington. March 10, 2010 11:00 PM Video: Insurance Companies Anger Citizens (CBS News) Emotions are running high in Washington as the push for a House vote for health care reform approaches. As Nancy Cordes reports, protesters directed their anger at the insurance company. March 11, 2010 8:19 AM 5 arrested for alleged SoCal auto insurance scam (San Diego Union-Tribune) Los Angeles County prosecutors have arrested a lawyer and four chiropractors and paralegals who allegedly bilked insurance companies by submitting bills for phony auto accidents. March 11, 2010 4:09 PM Time for a national insurance program to cope with natural disasters? (The Christian Science Monitor via Yahoo! News) Given that so many Americans live in areas that have been prone to natural disasters – hurricanes, earthquakes, tornados – is it time for the federal government to intercede to help states and property owners obtain more reasonable castastrophic insurance? March 10, 2010 7:06 PM Attorney, chiropractors charged in insurance fraud case (Los Angeles Daily News) An attorney and two chiropractors were among a group of people arrested today for allegedly taking part in a large-scale auto insurance fraud ring. March 11, 2010 2:46 PM Insurance Mandate May Need Strict Penalties (NPR) The health care plans before Congress require individuals to purchase insurance. But the penalty for violating the individual mandate may be so low that healthy people might be tempted to pay it instead of buying insurance. That would leave insurers with less healthy customers, prompting companies to raise their rates, prompting more people to drop out, and so forth. March 11, 2010 5:36 AM