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Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

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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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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Wednesday, 15 April 2009

Small Cars Rate Poorly in New Crash Tests


When a Smart Fortwo collided with a Mercedes-Benz C-Class sedan, in new crash tests done by the Insurance Institute for Highway Safety, the little Smart car went airborne and did what amounted to a pirouette. The news was not much better when the institute crashed a Honda Fit into a Honda Accord, and a Toyota Yaris into a Toyota Camry.

Officials at the institute, which is financed by the insurance industry, said people pretty much know they aren’t going to fare well if a Fortwo tangles with a Hummer. That’s why the organization used midsize cars in these tests — to show that very small cars will be the losers in crashes, even with slightly bigger vehicles.

The small cars were 2009 models that had earlier received ratings of “good” on the institute’s standard frontal offset crash tests (the organization rates on a scale of good, acceptable, marginal and poor). The results from the latest tests, however, were far different — so different, in fact, that the Fit, Fortwo and Yaris got “poor” ratings.

Intrusion into the Fit’s occupant compartment was “extensive,” officials said, which meant a high risk of leg injury. Also, the dummy’s head struck the steering wheel through the airbag.

After it struck the front of the C-Class, the Smart became airborne and turned around 450 degrees. There was excessive movement of the dummy during rebound and extensive intrusion into the space around the dummy from head to foot. The instrument panel and the steering wheel were shoved up and toward the dummy in the Smart.

The door of the Yaris was largely torn away. The driver’s seats in both the Yaris and Camry tipped forward, but only in the Yaris did the steering wheel move excessively. The heads of the dummies in both cars struck the steering wheels through the airbags, but only in the Yaris did the head injury measure rate a “poor.”
 
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