HEALTH INSURANCE: Pennsylvania is poised to take over health insurance exchange

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Pennsylvania is poised to roll out its own online health insurance exchange to take the place of the one run by the federal government for the state’s residents since 2014, saying it can save money for hundreds of thousands of policy-buyers.

The Republican-controlled Legislature gave final approval Friday to legislation authorizing the move, after Gov. Tom Wolf had pressed for the bill’s passage this month in the hope that its savings measures can take partial effect in 2020 and full effect in 2021.

Source: HEALTH INSURANCE: Pennsylvania is poised to take over health insurance exchange

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W.N. Tuscano Agency to Acquire Clarks Summit, Pennsylvania-based Insurance Markets, Inc.

Founded in 1960, Insurance Markets, Inc. is a Managing General Agency (MGA) and surplus lines broker serving clients primarily in Pennsylvania. The Insurance Markets office located in Northeastern Pennsylvania will continue to operate under the direction of Robin Tuscano, newly appointed Branch Manager and current Transportation Manager at Tuscano Agency. William Tierney, Jr.Peter TierneyJoe Tierney, and Ryan Tierney will join the Tuscano Agency and operate from their current location. Bill Tierney, President and CEO of Insurance Markets commented, “The Tierney family is pleased to become a part of the Tuscano organization, and we look forward to expanding our reach and ability to serve independent agents in Pennsylvania and the surrounding region.”

“Insurance Markets provides Tuscano with a local presence in Northeastern PA, to expand its presence in upstate New York and Northern New Jersey,” said Robert B. Tuscano, President and CEO of Tuscano Agency. “We are pleased to welcome the Tierney’s to the team of insurance professionals and underwriters at Tuscano.”

W.N. Tuscano Agency Inc. is a regional insurance brokerage firm headquartered in Greensburg, Pennsylvania. The company writes business in 21 states on the East coast and Midwest.

Source: W.N. Tuscano Agency to Acquire Clarks Summit, Pennsylvania-based Insurance Markets, Inc.