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Thursday 11 June 2009

Obama Stumps for Health-Care Reform

Obama Stumps for Health-Care Reform
Washington Post - United States
By Michael A. Fletcher and Shailagh Murray GREEN BAY, Wis., June 11 -- As President Obama traveled to the heartland to sell a government-run insurance plan ...
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Washington Post
Has Kent Conrad Solved the Public Plan Problem? An Interview.
Washington Post - United States
In this telling, the co-ops preserve the central feature of the public plan -- they're a competitor to the traditional insurance industry -- but are free ...
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Pair found guilty in insurance scheme
Bizjournals.com - Charlotte,NC,USA
A federal jury on Thursday convicted two Northern California residents in connection with a long-running money laundering and fraudulent insurance scheme. ...
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Liberty Northwest Insurance drops agents
Bizjournals.com - Charlotte,NC,USA
Oregon's second-largest workers compensation insurance provider will no longer allow independent agents to sell its workers compensation products. ...
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AXA Insurance UK arm to cut 560 jobs
Reuters - USA
LONDON, June 11 (Reuters) - AXA Insurance, the UK arm of French insurer AXA (AXAF.PA), said it will cut 560 jobs over the next few months, ...
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Health Care Fight Divides Democrats
Washington Post - United States
I suggest to show the name of lawmakers to public for whom is against healthcare reform and accepted donations from insurance companies and pharmaceutical ...
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Obama Defends Public Insurance Plan for Health Care
New York Times - United States
President Obama strongly defended his idea for a government-sponsored health insurance plan at a town-hall meeting here today, saying "if the private ...
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Co-Op Health Plan Emerging as a Senate Option
New York Times - United States
Many Democrats want to create a new public health insurance plan, to compete with private insurers. In place of a government-run plan, Mr. Baucus said ...
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Crist signs controversial health care bill
Bizjournals.com - Charlotte,NC,USA
Senate Bill 1122 changes the way insurance companies pay for coverage of patients in insurance networks. It will allow doctors who are not members of a ...
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New York Times
Bumper Testing Small Cars
New York Times - United States
By Cheryl Jensen Insurance Institute for Highway Safety The Smart Fortwo received the best rating of the small cars tested. All the talk of small, ...
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Wednesday 13 May 2009

Health Care, a Lesson in Pain

Health Care, a Lesson in Pain
New York Times - United States
Providing health insurance to the roughly 50 million people without it will cost something like $120 billion a year. President Obama has proposed $60 ...
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Bill Banning Gender Pricing in Health Insurance Advances in Sacramento
KPBS - San Diego,CA,USA
Insurance companies warn the measure could drive up costs for everyone. Group health insurance plans aren't allowed to charge women more than men. ...
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Health Care Reform Outlook Clear? Don't Count on It
Washington Post - United States
He is talking more about cutting costs for everyone who has insurance as he is about expanding access to those without. Obama also has avoided demonizing ...
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Senate Panel Debates Cap On Tax Exclusion For Health Care
Wall Street Journal - USA
By Patrick Yoest Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The issue of whether and how to tax health insurance benefits drew a strong reaction Tuesday ...
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Insurance Insiders See Downgrades Coming For Life Insurers
Wall Street Journal - USA
"Ratings agencies are under pressure because of how they rated in the past, to pay more attention to what is going on," said Ernie Csiszar, insurance ...
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State Insurance Regulators Say Health Care Reform Must Address Costs
Insurance Journal - San Diego,CA,USA
Testifying on behalf of the National Association of Insurance Commissioners (NAIC), Kansas Insurance Commissioner Sandy Praeger stressed that any health ...
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msnbc.com
Five single-payer protestors arrested
msnbc.com - USA
"We're tired of private insurance." Within a minute or so, a police officer escorted the protester out of the room and arrested them in the hallway. ...
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Michigan''s Top Court to Rule on Credit-Based Insurance Scoring
Insurance News Net (press release) - Harrisburg,PA,USA
The Michigan Supreme Court will determine whether the state may ban the use of credit-based insurance scoring in underwriting, addressing a four-year-old ...
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Reuters
Senate eyes tax change to pay for health insurance
Reuters - USA
By Donna Smith WASHINGTON (Reuters) - Experts urged Congress on Tuesday to cut tax breaks for employer-sponsored health insurance as a way to help pay to ...
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Obama: Healthy Employees, Healthy Profits
ABC News - USA
The million dollar ads on behalf of the pharmaceutical companies, insurance companies are already here to scare people off a European system Their biggest ...
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Monday 4 May 2009

Buffett says life insurers took "crazy" bets

Buffett says life insurers took "crazy" bets
Reuters - USA
Insurance makes up about half of Berkshire's operations, including auto insurer Geico, property-catastrophe units and a bond insurer formed a little over a ...
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Buffett says pricing limits bond insurance biz
Reuters - USA
OMAHA, Neb., May 3 (Reuters) - Berkshire Hathaway Chairman Warren Buffett says the company's young bond insurance unit has not been writing much new ...
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Poll shows support for public health insurance
Chicago Tribune - United States
AP DES MOINES, Iowa - More than half of Iowans support a public health insurance plan, and almost half of the state's residents who aren't already insured ...
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Union appeals to banks and insurance firms to stop job cuts
guardian.co.uk - UK
White-collar workers have been among the hardest hit by the economic downturn as hobbled banks and insurance firms take drastic action to restore profits. ...
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Insurance still pillar of Berkshire empire: Buffett
Washington Post - United States
Insurance, along with utilities, another big business for Berkshire, are sectors "relatively unaffected by the recession," he said. ...
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Hindu Business Line
Life insurance cos witness rise in renewal premiums in 2008-09
Hindu Business Line - Chennai,India
Mumbai, May 3 Even though investors were wary of buying new life insurance policies in the just ended fiscal, they did ensure that they did not let their ...
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US bank failures total 31
The Australian - Sydney,Australia
The Federal Deposit Insurance Corporation estimated the Atlanta bank's failure would cost its deposit insurance fund $US1.3 billion ($1.77 billion). ...
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Albany Times Union
Wonder if truck driver took that extra rental insurance
Albany Times Union - Albany,NY,USA
Police say a fleeing motorist in a rental truck left a trail of sparks as he tried to get away from police during an 11-minute chase that stretched through ...
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Local bank buys Wasatch deposits
Logan Herald Journal - UT,USA
Called the "least costly" resolution for the Federal Deposit Insurance Corporation when compared to alternatives, the Cache Valley Bank has assumed deposits ...
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Majority of Iowans want public health insurance plan
DesMoinesRegister.com - Des Moines,IA,USA
More than half of Iowa adults want the federal government to offer a public health insurance plan as an alternative to private coverage, even though most ...
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Sunday 3 May 2009

Three More Banks Closed, Including Largest Failure to Date

Three More Banks Closed, Including Largest Failure to Date
Seeking Alpha - New York,NY,USA
Silverton Bank of Atlanta had $4.1 billion of assets and $3.3 billion worth of deposits, all within the FDIC's insurance limits. ...
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Banks in Georgia, NJ, Utah shut by regulators
The Associated Press
The federal Office of the Comptroller of the Currency closed Silverton Bank, based in Atlanta, and appointed the Federal Deposit Insurance Corp. as receiver ...
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Buffett offers preview of 1Q Berkshire earnings
The Associated Press
Buffett said that in the first quarter, Berkshire's utility and insurance businesses performed fairly well during the quarter. ...
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Buffett Calls Investment Candidates' 2008 Performance Subpar
Bloomberg - USA
Tony Nicely, the head of Berkshire's Geico Corp. car insurance business, and Ajit Jain, who runs a unit that sells reinsurance, are also on media lists of ...
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Buffett Provides Some Berkshire Results at Annual Meeting
Wall Street Journal - USA
Mr. Buffett said Saturday that most of Berkshire's businesses outside of insurance and the regulated utility industry suffered during the first quarter. ...
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Obama and his health insurance plans save 30%
Fergus Falls Daily Journal - Fergus Falls,MN,USA
The public health insurance option is essential, but insurance companies are fighting it hard — and some Democrats are starting to waver. ...
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Buffett: "Impossible" to Replace Ajit Jain As Insurance Chief
CNBC - Englewood Cliffs,USA
Warren Buffett told shareholders today that "it would be impossible" to replace Ajit Jain as the chief of Berkshire Hathaway's insurance operations. ...
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Lawmakers vote to deregulate some Fla. insurance
MiamiHerald.com - Miami,FL,USA
Florida home and business owners would be able to pay however much they'd like to buy insurance to protect their property under a bill that has moved ...
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Shares of Aon slide on 1st-quarter report
Forbes - NY,USA
AP , 05.01.09, 11:38 AM EDT Shares of Aon Corp. slid Friday after the insurance broker's first-quarter profit fell far short of Wall Street expectations, ...
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Aon Corp. shares tumble as earnings miss expectations
Chicago Tribune - United States
Shares of Aon Corp. tumbled more than 13 percent Friday after the Chicago-based insurance brokerage reported earnings that came up short of Wall Street ...
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Sunday 26 April 2009

Oregon Health Plan fosters insurance research

Oregon Health Plan fosters insurance research
The Oregonian - OregonLive.com - Portland,OR,USA
A lottery system created to decide who receives insurance through the Oregon Health Plan is offering researchers a rare chance to study the benefits of ...
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Second man arrested in homicide, insurance fraud case
Baltimore Sun - United States
Kevin Jerome Pushia, 32, a Baltimore pastor, is accused of befriending Wallace, then taking out a life insurance policy on him before using $50000 in church ...
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Cruise control: From insurance to packing tips
Seattle Times - United States
By Arline and Sam Bleecker Insurance: Trip cancellation and travel insurance is a small price to pay if you must cancel a cruise because of a crisis, ...
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Homeowner insurance: House OKs plan that would increase almost all ...
Sun-Sentinel.com - Fort Lauderdale,FL,USA
The broad bill would, among other things, increase individual Citizens Property Insurance policyholder premiums by up to 20 percent annually. ...
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Pro/con: Medicare-based plan would be responsible health-care reform
Duluth News Tribune - Duluth,MN,USA
Yet, many are pressuring President Obama to go back on his campaign pledge to offer a government-sponsored, low-cost insurance option in favor of a series ...
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Preacher Charged With Killing Blind Man
ABC2 News - Baltimore,MD,USA
Police now believe a pastor who offered Wallace assistance ordered a hit on him to collect on several insurance policies. "We believe there were at least ...
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ND House rejects child health insurance expansion
Grand Forks Herald - Grand Forks,ND,USA
The North Dakota House has defeated a proposed expansion of state child health insurance coverage for low-income parents, saying it would force taxpayers to ...
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The Sales Profession: Attention Must Still Be Paid
New York Times - United States
Many years later, an insurance broker came to call on my wife about disability insurance. I scoffed at him and told him how incredibly unlikely it was that ...
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AM Best Downgrades Ratings of CAMICO Mutual Insurance
Insurance Journal - San Diego,CA,USA
AM Best Co. has downgraded the financial strength rating of CAMICO Mutual Insurance Co. (CAMICO) based in Redwood City, Calif., to B++ (Good) from A- ...
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Greenhill hires UBS insurance banking head
Reuters - USA
VX) to head its insurance advisory practice, its second senior addition in financial services. Przygoda, 41, has been the head of the global insurance ...
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Bad year for banks: Failures surpass 2008

Bad year for banks: Failures surpass 2008
CNNMoney.com - USA
The failure of the Ketchum, Idaho-based bank, along with banks based in Georgia, Michigan and California, will cost the Federal Deposit Insurance ...
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Regulators Shut Banks in Georgia, Michigan, California, Idaho
Bloomberg - USA
The Federal Deposit Insurance Corp. was named receiver of all four. The seizures will cost the FDIC's insurance fund a total of $698.4 million, ...
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Public sector staff still await medical insurance
Saudi Gazette - Riyadh,Saudi Arabia
With a year and several months gone by since then, statements from health insurance workers suggest that the time is still not right as the infrastructure ...
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Bad year for banks: Failures blow past 2008
CNNMoney.com - USA
based bank was shuttered by the Georgia Department of Banking and Finance and the Federal Deposit Insurance Corporation was named the receiver. ...
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House passes property insurance bill
MiamiHerald.com - Miami,FL,USA
The Florida House has passed a bill that would increase insurance rates for more than 1 million property insurance policyholders. The bill (HB 1495) limits ...
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City police arrest pastor in insurance slaying
Baltimore Sun - United States
Pushia told police he convinced Wallace and "numerous" other mentally challenged individuals to list him as a beneficiary on life insurance policies. ...
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American Southern Bank in Georgia Shut; 26th US Bank Failure
Bloomberg - USA
The Federal Deposit Insurance Corp. arranged to have Bank of North Georgia in Alpharetta assume deposits, except those of brokers, the FDIC said in a ...
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BusinessWeek
Managing Growth at a Pet-Insurance Business
BusinessWeek - USA
The ensuing $5000 vet bill forced the couple to move to a smaller apartment and prompted them to look for pet insurance. Their search did not prove fruitful ...
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Insurance Does Not Equal Health Care: Specious Arguments by 'Free ...
Huffington Post - New York,NY,USA
So, with concerted opposition by the insurance lobby and Republicans, as well as heavy lobbying against the Colorado Guaranteed Health Care Act by ...
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Florida Property Insurance: An Overview by Commissioner McCarty
Insurance Journal - San Diego,CA,USA
By Kevin McCarty It is always interesting, and frequently amusing, to read various "research" pieces on the Florida property insurance market. ...
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Friday 24 April 2009

House approves key insurance measure

House approves key insurance measure
MiamiHerald.com - Miami,FL,USA
A hurricane insurance proposal to help the state reduce its multibillion-dollar exposure in Florida's risky insurance market is heading to a final House ...
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Insurers Argue Proposed Crop Insurance Cuts Are Too Deep
CNNMoney.com - USA
CHICAGO -(Dow Jones)- A proposal to cut government payments to the private insurers that administer the US crop insurance program could cause some insurers ...
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Willis buys First Financial Insurance Agency
Bizjournals.com - Charlotte,NC,USA
Mark Willis, owner of Knight Willis LLC, has acquired First Financial Insurance Agency from First Financial Bancorp. Terms of the deal weren't disclosed. ...
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US Plans Test Sales of Distressed Assets, Bair Says
Bloomberg - USA
... Investment Program within the next two months using at least $1 billion of distressed loans in a pilot sale, Federal Deposit Insurance Corp. ...
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AmerisourceBergen CEO: Expanding Insurance Good For Company
Wall Street Journal - USA
... health-care policies, especially measures to expand coverage to those with no medical insurance, should be a positive thing for AmerisourceBergen Corp. ...
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Troubled Insurance Industry Is Making Changes to Confront Critical ...
Emediawire (press release) - Ferndale,WA,USA
The insurance industry is in turmoil in the wake of the deepest financial crisis and recession in two generations, and insurers are seeking to survive by ...
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Bill May Shift Health Insurance Costs At Colleges
CBS 4 - Miami,FL,USA
The new bill would also set guidelines for schools requiring students to have health insurance. Currently, only Florida State University has this ...
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China Life 1Q Net +55% On Higher Investment Income
Wall Street Journal - USA
China Life, which has a roughly 40% share of China's life insurance market, said its first-quarter premiums increased 1.8% to CNY104 billion from CNY102.15 ...
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Environmental Insurance Job Outlook is Strong
Wall Street Journal - USA
The climate for jobs in environmental insurance is heating up. On April 14, Philadelphia Insurance Companies became the latest carrier to start offering ...
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Bankinter Plans Capital Hike For Insurance Buy
Wall Street Journal - USA
MC) intends to raise new capital to finance the purchase of the remainder of its Linea Directa insurance business, Chairman Pedro Guerrero said Thursday. ...
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Thursday 23 April 2009

European Parliament Backs New Rules For Insurance Sector

European Parliament Backs New Rules For Insurance Sector
Wall Street Journal - USA
BRUSSELS (Dow Jones)--Backing from the European Parliament Wednesday for an overhaul of the European insurance industry paves the way for the new Solvency ...
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Insurance for the underwater house
San Francisco Chronicle - CA, USA
But if you could get insurance for your underwater house, you might be able to stem the losses. That's what Andrey Pavlov is pitching, anyway. ...
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Affordable Health Insurance for Young Adults
U.S. News & World Report - Washington,DC,USA
We offer healthcare coverage advice for 8 different situations By Megan Johnson Health insurance, if you're young, cash strapped, and healthy, ...
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TARP the Life Insurers? This Is Nuts
ParamusPost.com - Paramus,NJ,USA
According to a bunch of front-page news stories, life-insurance companies are about to get TARPed. This is nuts. The public is clamoring for an end to TARP ...
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Iowa House Approves Narrower Health Insurance Bill
Kaiser network.org - Washington,DC,USA
The Iowa House voted 92-3 on Monday to approve a narrower version of health insurance legislation that would establish a panel to make recommendations to ...
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AM Best: To Comment On AIG Plans For Property/Casualty Ops
Wall Street Journal - USA
By Lavonne Kuykendall Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)--Insurance company rating agency AM Best Co. said it plans to weigh in later Tuesday on ...
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A Quick Guide to Health Insurance Lingo
U.S. News & World Report - Washington,DC,USA
By Megan Johnson Health insurance has its own language. You might want to print out these terms and definitions, adapted from a guide published by the ...
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EP Approves New Regulations on Insurance Companies
CRIENGLISH.com - Beijing,China
The European Parliament approved on Wednesday a proposed Directive aimed at lowering cost in monitoring multinational insurance companies. ...
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'Solvency II': European Parliament approval of proposed Directive ...
7thSpace Interactive (press release) - New York,NY,USA
The European Commission has welcomed the European Parliament's approval of the proposed Directive on the taking-up and pursuit of the business of Insurance ...
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Three arrested for insurance fraud
Bizjournals.com - Charlotte,NC,USA
Three South Floridians who allegedly ran an identity theft ring are under arrest, charged with filing fraudulent insurance claims, according to a news ...
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Tuesday 21 April 2009

Texas Senate Approves Insurance Department 'Sunset' Bill

Texas Senate Approves Insurance Department 'Sunset' Bill
Insurance Journal - San Diego,CA,USA
The Texas Senate has approved a measure that allows the continued operation of the Texas Department of Insurance, but would slightly reform its operations, ...
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AIG Moves Toward Sale of AIU
Wall Street Journal - USA
By KATHY SHWIFF American International Group Inc. said it plans to being selling a stake of its property-and-casualty insurance business world-wide. ...
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Q&A: Help for small biz workers on COBRA health insurance
USA Today - USA
NEW YORK (AP) — The good news: The government is offering a big discount on health insurance for laid-off workers. The bad news: Figuring out whether you're ...
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US Sen Jay Rockefeller Eyes Health Cost Savings In Proposal
Wall Street Journal - USA
He pointed to figures from the Kaiser Family Foundation that showed that family health insurance premiums for employee-sponsored health care had risen to ...
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GETTING PERSONAL: Going Green Brings Insurance Discounts
Wall Street Journal - USA
NEW YORK (Dow Jones)-Your insurance company may give you a break if you go green. After years of inertia, the $16 trillion industry has begun to address ...
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Health insurance affordability top concern for small businesses
Bizjournals.com - Charlotte,NC,USA
The affordability of offering health insurance ranks among the top issues on the minds of Ohio small business owners, according to a new survey of ...
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Feeling econ pinch, 1 in 5 put off going to see doctor
New York Daily News - New York,NY,USA
The survey found that 21% expect to have difficulty paying for health insurance or health care services in the next three months. "We are seeing a positive ...
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Settlement announced in Mo. insurance case
MiamiHerald.com - Miami,FL,USA
Three insurance companies have agreed to pay $15 million to settle a long-standing lawsuit over long-term care policies in Missouri. ...
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Minding the Shop: Wedding insurance
Loudoun Times - Leesburg,VA,USA
Because of the weak economy, couples might want to consider wedding insurance, and the Better Business Bureau is offering advice on purchasing coverage for ...
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Mexico Banorte offers insurance for immigrants in US
Reuters - USA
MEXICO CITY, April 21 (Reuters) - Banorte, one of Mexico's leading banks, has begun to offer life insurance to immigrants working in the United States to ...
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Monday 20 April 2009

Laid-off workers can get help paying for health insurance

Laid-off workers can get help paying for health insurance
Fort Worth Star Telegram - Fort Worth,TX,USA
By CANDICE CHOI AP NEW YORK — The good news: The government is offering a big discount on health insurance for laid-off workers. The bad news: Figuring out ...
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Insurance rates going up
WTHR - Indianapolis,IN,USA
You can now add insurance premiums to that list. It's the sort of rate hike that quickly raises the ire of insurance policy holders. Insurance companies ...
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Senate keeps controversial insurance rate system
Houston Chronicle - United States
It was a major victory for insurance companies who say the so-called "file-and-use" system encourages competition for the best prices. ...
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Allianz expands India presence into asset management
Reuters India - Mumbai,India
Allianz already has minority stakes in two Indian insurance ventures with Bajaj -- Bajaj Allianz Life Insurance Co Ltd and Bajaj Allianz General Insurance ...
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American Sterling Bank reopens under Metcalf Bank
Bizjournals.com - Charlotte,NC,USA
The FDIC estimated that the cost to the Deposit Insurance Fund will be $42 million. In August, the Office of Thrift Supervision found that American Sterling ...
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Great American Insurance Launches Equipment Management Unit
Insurance Journal - San Diego,CA,USA
Cincinnati, Ohio-based Great American Insurance Group has launched Equipment Management Solutions, a new business service specializing in equipment ...
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Tuberculosis Scare, Drug Companies Polluting Waterways and Women's ...
New York Times - United States
North Carolina's unemployment rate is one of the highest in the country, and about 25 percent of state residents have no health insurance. ...
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B of A loses $498 million on home loans and insurance in first quarter
Los Angeles Times - CA,USA
B of A said the $498-million first-quarter loss on home loans and insurance was down from a $732-million loss a year earlier. Of the bank's total of 382000 ...
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Small banks slow lending with increased oversight
SmartBrief - Washington,DC,USA
Small banks are increasingly voicing anger that they are being punished for the sins of their bigger, Wall Street counterparts. Tighter scrutiny of smaller ...
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Nevada, Missouri Banks Fail
Financial-Planning.com - New York,NY,USA
The Federal Deposit Insurance Corp. said all of the failed bank's $221 million in deposits would be transferred to Nevada State Bank in Las Vegas. ...
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Insurance premiums rise on sour profits, market returns

Insurance premiums rise on sour profits, market returns
USA Today - USA
By Kathy Chu and Sandra Block, USA TODAY Home, car and life insurance prices are climbing as insurers grapple with lower investment returns and profits. ...
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Ibru restates commitment to insurance claims payment
The Punch - Lagos,Nigeria
By Nike Popoola In line with its commitment to best practices and prompt claims settlement, Oceanic Insurance said it has paid claims totalling N497m since ...
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The Sky-High Cost of Treating Cancer
New York Times - United States
We believe that patients should be able to take advantage of the treatment that is best for them, and not have to select their treatment based on insurance ...
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Game 12, Mets vs. Brewers: It's insurance run time
The Star-Ledger - NJ.com - Newark,NJ,USA
That was able to score catcher Jason Kendall, to give the Brewers that all-important insurance run with three outs left to go in the game.
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Make Medicare available to all
Baltimore Sun - United States
I am self-employed, and I have always had to obtain health insurance independently of employers or groups that could reduce the cost. ...
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Texas Supreme Court rules insurance company must pay family's claim
Dallas Morning News - Dallas,TX,USA
Linda Stewart Ball, AP The Texas Supreme Court ruled Friday that an insurance company must pay a family's claim over a child critically injured by a truck ...
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Dissent Of The Day
Atlantic Online - USA
Only, the incentive structure for insurance companies isn't weighted properly either. Insurance only works at all because of pooled risk - you pay into a ...
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FDIC Uses Rare Maneuver to Save Colorado Bank Depositors
AllGov - Santa Monica,CA,USA
The Federal Deposit Insurance Corporation (FDIC) made an unusual move last week in attempting to save the failing New Frontier Bank in Greeley, CO. ...
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Analysis: Republicans still struggling in Congress
The Associated Press
Instead, beginning in 2021, anyone turning 65 would quality for a government subsidy to purchase coverage from an insurance company. ...
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Long legal battle for former Prudential Insurance workers
The Star-Ledger - NJ.com - Newark,NJ,USA
Once the case makes its way back in court, Steve Snyder, a Baltimore attorney representing Lederman and several other insurance employees, ...
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Sunday 19 April 2009

Women often charged more than men for individual health insurance

Women often charged more than men for individual health insurance
San Jose Mercury News - CA, USA
By Mike Zapler SACRAMENTO — When a woman obtains health insurance through her job, the law is clear: She can't be forced to pay any more than a man for the ...
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Zurich Financial pays $1.9bn for AIG car-insurance unit
Financial News (subscription) - London,England,UK
American International Group will divest its personal car-insurance division to rival Zurich Financial Services for $1.9bn (€1.4bn), marking the biggest ...
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Let's Talk Health-Care Reform
Washington Post - United States
It's heartbreaking to hear about people losing their livelihoods -- or their lives -- for lack of adequate insurance coverage. On the other hand, ...
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For New York's Newly Jobless, $430 Doesn't Go Far
New York Times - United States
The federal unemployment insurance system was designed to temporarily replace about half of a laid-off worker's lost income, but Mr. Sklar's benefits amount ...
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Zurich to buy AIG auto insurance business
Malaysia Star - Malaysia
ZURICH Financial Services will buy American International Group Inc's (AIG) US auto insurance business for US$1.9bil, making its Farmers Exchanges the ...
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Health insurance lost with job; where to turn for medical help?
MiamiHerald.com - Miami,FL,USA
We've lost our health insurance and we both have ongoing medical issues. My employer said that we could probably go to Jackson Memorial Hospital, ...
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Allstate asked to explain its role in unregulated insurance markets
MiamiHerald.com - Miami,FL,USA
The New York state Insurance Department said Friday that it wants information from Allstate on its participation in unregulated insurance markets. ...
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American Sterling Bank in Sugar Creek collapses
Kansas City Star - MO,USA
By MARK DAVIS American Sterling Bank in Sugar Creek failed Friday, ending hopes that a Connecticut-based insurance company would rescue it with help from ...
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AM Best Comments on the Acquisition of American International ...
Business Wire (press release) - San Francisco,CA,USA
These AIG companies' are direct subsidiaries of aig's commercial insurance entities, and it is AM Best's expectation that the capital position of these ...
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Allstate Op-Ed Sparks Probe From NY Insurance Head
Securities Law 360 (subscription) - New York,NY,USA
Law360, New York (April 17, 2009) -- New York Insurance Superintendent Eric Dinallo has launched a probe into Allstate Corp.'s business in unregulated ...
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Friday 17 April 2009

Show-me a bank failure: Missouri bank is no.24

Show-me a bank failure: Missouri bank is no.24
CNNMoney.com - USA
American Sterling Bank, based in Sugar Creek, Mo., was shuttered by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation was named ...
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Texas high court rules against insurance company
Houston Chronicle - United States
2009 AP DALLAS — The Texas Supreme Court today ruled against an insurance company that refused to pay a claim for a boy critically hurt by a fleeing truck. ...
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Allstate chief has his say, raising regulatory eyebrows
Chicago Tribune - United States
Chief Executive Tom Wilson and published in Thursday's New York Times prompted gasps in Empire State insurance circles. Repeating his oft-stated call for a ...
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Texas high court rules against insurance company
Houston Chronicle - United States
The child's parents, Greg and Maribel Tanner, sued the speeder, who was insured by Nationwide Mutual Fire Insurance Co. But the company claimed motorist ...
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Lawsuit Claims Nationwide Insurance Misled Consumers
KUOW NPR - Seattle,WA,USA
Two Seattle attorneys have filed a class action lawsuit against Nationwide Life Insurance Company. The case alleges the Ohio–based company sold health plans ...
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New Report Details How to Create a Public Health Insurance Option ...
Insurance News Net (press release) - Harrisburg,PA,USA
The report, co-sponsored by the Institute and Berkeley CHEFS, provides a comprehensive roadmap to create a public health insurance plan within the nation's ...
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New subsidies help the unemployed keep insurance
Salt Lake Tribune - United States
State and federal programs offer a subsidy for insurance purchased under COBRA, the federal law that allows laid-off employees to continue with their group ...
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US Drivers, Homeowners Cutting Back On Insurance
CNNMoney.com - USA
Insurers used to suggest that home and auto insurance policies were fairly recession-proof, with drivers and homeowners typically maintaining the same ...
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New York Times
Wealth Matters Never Mind Your 401(k). How's Your Insurance?
New York Times - United States
Greg Oberland, the chief insurance officer at Northwestern Mutual in Milwaukee, said group life and disability insurance could be difficult to replace after ...
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Wisconsin-Based Vanguard Insurance Caught in Michigan Licensing Snafu
Insurance Journal - San Diego,CA,USA
Michigan's insurance regulator has ordered a Wisconsin-based managing general insurance agency, Vanguard Insurance Placement Inc., to immediately stop doing ...
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