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Insurance News 04/2008



Health Insurance Premiums Skyrocket (Washington Post)
TUESDAY, April 29 (HealthDay News) -- Employer-based health insurance premiums have skyrocketed at a pace that far exceeds the rate of American wage increases since 2000, a new study reveals.

McCain Backs Some Help for People Denied Health Insurance (Bloomberg via Yahoo! News)
April 29 (Bloomberg) -- Republican presidential candidate John McCain, expanding on his health-policy plan, said he'd like to provide federal help for Americans denied private health insurance because of medical conditions.

McCain seeks tax credit to help buy health insurance (AP via Yahoo! News)
Republican John McCain wants to change how people get their health insurance, shifting away from job-based coverage to an open market where people can choose from competing policies.

Workers' health insurance costs soar (Los Angeles Times)
From 2001 to 2005, employees' incomes rose 3% but their coverage costs jumped 30%. If gas and milk price hikes seem steep, check out health insurance premiums. They have increased 10 times faster than incomes in recent years, a study shows.

Insurance victory for Indian prostitutes (Reuters via Yahoo! News)
Bharati Dey, a former Indian prostitute, has been granted a life insurance cover which she says is a step forward in her campaign to legalize the profession in India.

Should you buy travel insurance to avoid cancellation issues? (USA Today)
Travel insurance protects your money but not your trip. And if you can get your money back, anyhow, you don't need additional insurance.

Lawmakers at odds on property insurance changes (The Palm Beach Post)
Negotiations broke down Tuesday night between House and Senate Republicans over a bill to freeze windstorm premiums for Citizens Property Insurance Corp. customers, leaving in doubt the outcome of the session's most sweeping property insurance changes.

Suit seeks to extend Poe insurance deadline (Miami Herald)
A lawsuit has been filed against the Florida Insurance Guaranty Association claiming the agency failed to notify consumers there's a deadline for resolving claims against the failed Poe insurance companies.

Suit seeks to extend Poe insurance deadline (Miami Herald)
A lawsuit has been filed against the Florida Insurance Guaranty Association claiming the agency failed to notify consumers there's a deadline for resolving claims against the failed Poe insurance companies.

Michigan Auto Insurance Bill Would Give Motorists Choice in Med Coverage (Insurance Journal)
A bill being considered by the Michigan legislature would let motorists save up to 16 percent on their auto insurance by choosing less medical coverage. Michigan is the only state to require unlim

Farmers Insurance Claims Teams Helping Victims of California Fires   (InfoBolsa)
28/04/2008 03:43:00 Business Wire Farmers Insurance claims personnel and agents are in the Sierra Madre and Southern California fire areas contacting Farmers customers to help them if they have been evacuated or suffered losses from the fires that struck this weekend.

Filing a claim; Not everyone is covered by insurance (NBC 12 Richmond)
Many businesses will be able to pay the cost of cleanup and rebuilding through insurance. But, not everyone affected by the storm is covered. Some people could find the money to fix their home or car, will have to come out of their own pocket.

Poll shows 7% of Americans marrying for health insurance (WPBN Traverse City)
Posted: Wednesday, April 30, 2008 at 2:49 p.m. Forget love, some people say they're tying the knot these days for a much different reason, health insurance.

Aetna 1Q lobbying on health insurance issues topped $575,000 (AP via Yahoo! Finance)
Health insurance provider Aetna Inc. spent more than $575,000 in the first quarter to lobby on Medicare and pharmaceutical issues, according to a disclosure report.

Consumer group warns of higher insurance rates in Calif. (San Francisco Chronicle)
A consumer group on Wednesday accused state Insurance Commissioner Steve Poizner of adopting emergency regulations that would lead to higher rates for auto, homeowner and most other types of insurance coverage. In a sternly worded letter, Consumer Watchdog...