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New York mulls insurance exchange revival (Washington Post) HAMILTON, Bermuda (Reuters) - New York Insurance Superintendent Eric Dinallo is enlisting experts to examine the possibility of reviving the New York Insurance Exchange, which was seen as the U.S. equivalent of the Lloyd's of London market when it was founded to great fanfare in 1980. July 04, 2008 12:10 AM Ed:Insurance-1 (Tyler Morning Telegraph) Five years ago, lawmakers in Austin took steps to remove the state as an intermediary between consumers and homeowners’ insurance firms, removing regulations and freeing the market. July 04, 2008 3:33 PM Diana Clement : Many insurance traps for the unwary (The New Zealand Herald) Insurance is something most people tend to dispatch to the nether regions of the mind. We don't like to think of getting seriously ill, being burgled, having a car accident, or dying. July 04, 2008 12:32 PM Red Hook school district saves 2% on liability insurance (Kingston Daily Freeman) RED HOOK - Board of Education members say a 2 percent savings in the $180,000 cost of the school district's liability insurance is a silver lining in darkening economic times. July 04, 2008 4:03 PM Cuomo and regulators plan public hearings on insurance industry (The Buffalo News) State insurance regulators and Attorney General Andrew Cuomo are planning a series of joint public hearings -- including one in Buffalo -- to consider how insurance agents and brokers are paid in a bid to ensure fairness and prevent potential conflicts of interest. July 04, 2008 5:53 AM Settlement gives ex-police chief $50,000, health insurance (Kingston Daily Freeman) SAUGERTIES - The town will pay its former police chief $50,000 and provide him and his dependents with health insurance until he reaches the age of 65 as part of a settlement deal. July 04, 2008 4:04 PM Georgia Bars Insurance Firm Over Violations (NYTimes.com via Yahoo! Finance) Regulators in the state say Trans World Assurance violated rules adopted in 2007 to prevent the sale of misleading or unsuitable life insurance policies to military personnel. July 03, 2008 8:36 PM Weigh life insurance vs. long-term care (The Cincinnati Enquirer) Most agents agree that people worth less than $100,000 or with a retirement income of less than $40,000 per year should not get LTC insurance. July 04, 2008 4:47 AM Weapons, drugs found on Delaware County insurance agent (The Philadelphia Inquirer) A Delaware County insurance agent who allegedly threatened a state employee and failed to forward documents and money to the Bureau of Motor Vehicles for customers was found to be in possession of heroin and an array of weapons when arrested, police said Tuesday. July 04, 2008 12:32 AM Pa. Senate confirms insurance commissioner (Philly.com) In a move linked with the proposed merger of Independence Blue Cross and Highmark Inc., the Pennsylvania Senate voted yesterday to confirm Joel Scott Ario as the state's insurance commissioner. July 04, 2008 3:35 AM