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April 9, 2026

Month: February 2013

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In the News

CA Lawmakers Moving Forward With New Health Rules

February 28, 2013 Calbroker Admin

California lawmakers have taken their first step toward passing new consumer protections under the federal health care overhaul, such as guaranteeing coverage even with pre-existing conditions. Both houses of the Legislature passed bills Thursday dealing with […]

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Others

Sequestration Cuts Will Squeeze California’s Health Sectors

February 28, 2013 Calbroker Admin

California’s health care sector is expecting millions of dollars in cuts and potential job losses if the automatic federal spending cuts known as “sequestration” take place. Anticipated cuts to the National Institutes of Health (NIH) budget could […]

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Insurance Insider Newsletter

Deferred Income Annuity Sales Break Records in 2012

February 27, 2013 Calbroker Admin

Subscribe to Insurance Insider News by Leila Morris ANNUITIES • Deferred Income Annuity Sales Break Records in 2012 IN CALIFORNIA • Commissioner Offers His Own Geographic Rating Proposals • Healthcare To Take a larger Share […]

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Others

RICO Complaint Seeks Return of $2.3 Million

February 27, 2013 Calbroker Admin

An Idaho LLC claims it fronted apparent securities recidivists $2.3 million to launch an annuity scheme that never happened. Idaho Falls-based R-LLC sued UMS Capital Group dba Insurance AnnuityGroup, Joseph Mermis, Xavier Barrios and C.M. Salazar, […]

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In the News

Healthcare Overhaul Could Threaten California’s Safety Net

February 26, 2013 Calbroker Admin

Millions of uninsured Californians will gain medical coverage under the national healthcare overhaul beginning in January. An estimated 3 million to 4 million Californians — about 10% of the state’s population — could remain uninsured even […]

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Others

Coordinated Healthcare Could Save CA $110 billion

February 26, 2013 Calbroker Admin

California could cut $110 billion in healthcare spending over the next decade, saving the average household $800 a year, by quickly moving away from conventional fee-for-service medicine and embracing more coordinated care, a new report […]

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