Insurance News 11/2009 (Page 6)
Lee Co.'s volunteer firefighters get insurance (The Clarion-Ledger)
Lee County will spend more than $50,000 over the next three years on accident and life insurance for its 300-plus volunteer firefighters.
(Nov 27, 2009)
HIGHTSTOWN: McGinty irked by plan to hear from one insurance agent (Windsor-Hights Herald)
HIGHTSTOWN One week after the Borough Council approved a revised taxi ordinance without lowering the insurance requirements, Mayor Bob Patten has invited the president of a taxi insurance company to speak to the governing body about it, according to the borough clerk.
(Nov 27, 2009)
Sanford wants more money for insurance chief (Spartanburg Herald-Journal)
Published: Friday, November 27, 2009 at 3:15 a.m. Last Modified: Thursday, November 26, 2009 at 10:00 p.m. Gov. Mark Sanford is asking the Agency Head Salary Commission to honor a commitment made to Scott Richardson when he became head of the state Department of Insurance.
(Nov 27, 2009)
Flood insurance 'varies greatly' (BBC News)
There is a lack of consistency in the way insurance companies treat flood victims who are looking to make claims, a charity says.
(Nov 28, 2009)
Flood insurance 'varies greatly' (BBC News)
There is a lack of consistency in the way insurance companies treat flood victims who wish to make claims, a charity says.
(Nov 28, 2009)
Health insurance subsidy for unemployed expiring soon (Austin American-Statesman)
Just before his family left town for Thanksgiving, Don Hall — an Ohio man who was laid off from his job as a manufacturing supervisor last year — wrote a $763.81 check to his health insurance company for his December payment.
(Nov 28, 2009)
Growing need is seen for long-term care insurance (Richmond Times-Dispatch)
The pitch usually lasts about three hours. But it still takes some convincing, to talk people into thinking about a kind of insurance coverage—long-term care—that few like to contemplate, insurers and aging experts say. The needs can be more extensive than many people think—paying for nursing homes accounts for a quarter of the bills that long-term care insurance covers—and the misconceptions ...
(Nov 28, 2009)
China Pacific Insurance Says Hong Kong Hasn’t Approved IPO Yet (Bloomberg)
Nov. 28 (Bloomberg) -- China Pacific Insurance (Group) Co. , the nation’s third-largest insurer, said the Hong Kong Stock Exchange hasn’t given final approval for its listing.
(Nov 28, 2009)
Lawyer: Insurance company fabricated witness' story in $1.3 million case (Belleville News-Democrat)
A Belleville lawyer whose client received $1.37 million in damages in a traffic crash case is asking for an additional $500,000 from the insurance company, alleging the firm fabricated a witness' testimony, gave her the facts of the case to favor their case, and may have even bribed her.
(Nov 28, 2009)
Sticker shock to continue health insurance as COBRA subsidy expires (Denver Post)
Just before Don Hall and his family left town for Thanksgiving, the laid-off manufacturing supervisor from Castalia, Ohio, wrote a $763.81 check to his health insurance company for his December payment.
(Nov 28, 2009)
Taiwan man chops off hand to collect insurance (MalaysiaNews.net)
Taipei, Nov 28 (DPA) A Taiwan man was turned over for prosecution Saturday after hiring two men to chop off his hand in order to claim insurance worth 24 million Taiwan dollars ($730,000).
(Nov 28, 2009)
New maps could impact insurance cost (Park Hills Daily Journal)
The county’s flood plain maps have been updated, and it could have an impact on the amount of insurance property owners in flood zones pay if they don’t renew their insurance policy at least 30 days before the new map becomes effective.
(Nov 28, 2009)
Mo. gov. resists plan to expand health insurance (Park Hills Daily Journal)
ST. LOUIS (AP) — Gov. Jay Nixon is resisting a plan that could provide health insurance to thousands of Missouri children despite running for office on a pledge to expand health care access.
(Nov 28, 2009)
Health insurance premiums to rise for Hillsborough County employees (St. Petersburg Times)
Insurance will go up the most for those with family health plans.
(Nov 29, 2009)
Unfair insurance law may be overturned (Guardian Unlimited)
The publication of a parliamentary bill could do away with a law that punishes insurance claimants for honest mistakes An archaic law that means thousands of insurance claims each year are unfairly rejected by insurers could be overturned following the imminent publication of a parliamentary bill. Claims made on motor, travel, household and health policies are routinely turned down by some ...
(Nov 29, 2009)
Oman Insurance Co. (PSC) 'BBB+' Ratings placed on CreditWatch negative in line with those On its parent, Mashreqbank (AME Info)
Standard & Poor's Ratings Services said that it placed its 'BBB+' long-term counterparty credit and insurer financial strength ratings on United Arab Emirates ( UAE )-based composite insurer Oman Insurance Co. (PSC) on CreditWatch with negative implications.
(Nov 29, 2009)
Cameras for insurance verification considered (Tulsa World)
State officials are looking at beefing up the state's electronic insurance verification system by setting up cameras across the state to randomly record vehicle tags.
(Nov 29, 2009)
Israel's Migdal Insurance swings to Q3 profit (Reuters via Yahoo! Asia News)
JERUSALEM, Nov 29 (Reuters) - Israel's Migdal Insurance and Financial Holdings said on Sunday it swung to a quarterly profit, boosted by steep gains from capital market investments.
(Nov 29, 2009)
New maps could impact insurance cost (Park Hills Daily Journal)
The county’s flood plain maps have been updated, and it could have an impact on the amount of insurance property owners in flood zones pay if they don’t renew their insurance policy at least 30 days before the new map becomes effective.
(Nov 29, 2009)
Mo. gov. resists plan to expand health insurance (Park Hills Daily Journal)
ST. LOUIS (AP) — Gov. Jay Nixon is resisting a plan that could provide health insurance to thousands of Missouri children despite running for office on a pledge to expand health care access.
(Nov 29, 2009)
Life insurance: security you can bank on (Purcell Register)
(ARA) - Even in the best of times, life insurance can offer an extra measure of peace of mind in terms of helping to provide financial security.
(Nov 29, 2009)
Clico insurance to close Cayman branch (AP via Yahoo! Finance)
A troubled insurance company is about to stop providing coverage to hundreds of clients in the Cayman Islands. The British territory's Health Insurance Commission says Sunday that the local branch of Colonial Life Insurance Co.
(Nov 29, 2009)
Clico insurance to close Cayman branch (INO News)
(AP:GEORGE TOWN, Cayman Islands) A troubled insurance company is about to stop providing coverage to hundreds of clients in the Cayman Islands. The British territory's Health Insurance Commission says Sunday that the local branch of Colonial Life Insurance Co. will officially close on Tuesday.
(Nov 29, 2009)
Health insurance overhaul to exclude illegal residents (San Jose Mercury News)
That means roughly one in six uninsured Californians and tens of thousands living in the San Jose area will remain without insurance whether or not the Senate ultimately passes a bill and no matter how generous the subsidies for the poor or punitive the penalties for those who refuse.
(Nov 30, 2009)
Health insurance perks for top state officials costs Floridians $45 million yearly (Sun-Sentinel)
Top Florida lawmakers are balking at Congress' plans to help more poor people get healthcare, though they've protected an entitlement of their own: free insurance premiums.
(Nov 30, 2009)
Affordable insurance key for young adults (Detroit Free Press)
WASHINGTON -- The young invincibles. That's what the insurance industry calls the 13.7 million Americans younger than 30 who don't have health insurance because, they firmly believe, they just don't need it.
(Nov 30, 2009)
Hong Leong Bank launches new unit-linked insurance plan (MalaysiaNews.net)
KUALA LUMPUR: Hong Leong Bank has launched a new unit-linked insurance plan - "The Hong Leong Enhanced Oil Plan" - which pays 3.18 per cent guaranteed dividend for one annual premium at the end of the...
(Nov 30, 2009)
Auto insurance industry opposes new mandate (The Capital Times)
Tom Melms is used to searching for affordable auto insurance. As the owner of Madison-based Badger Cab Co., he's not exactly a low-risk customer. His company has 43 cabs that together cover 3 million miles a year. Going accident-free between policy renewals never happens.
(Nov 30, 2009)
Metlife crosses 10 lakh life insurance policies (The Hindu)
NEW DELHI: Private life insurer Metlife on Monday said the number of life insurance policies it has sold has crossed the 10 lakh-mark. “It is indeed a moment of pride for us at MetLife to achieve the 1 million-mark...
(Nov 30, 2009)
The Essential Q4 2009 Malaysia Insurance Report Provides Independent Forecasts and Competitive Intelligence on the ... (MalaysiaNews.net)
Malaysia Insurance Report Q4 2009 " report to their offering. The Malaysia Insurance Report provides industry professionals and strategists, corporate analysts, insurance associations, government depa...
(Nov 30, 2009)
Mississippi County to Buy Insurance for Volunteer Fire Firefighters (Insurance Journal)
Mississippi's Lee County will spend more than $50,000 over the next three years on accident and life insurance for its 300-plus volunteer firefighters. The county's 18 fire departments include ...
(Nov 30, 2009)
School Insurance Costs Rise As Firms Cut Benefits (Indiana's NewsCenter)
KOKOMO, Ind. (AP) - Some Indiana schools say they're facing a budget crunch because of a decision by employers to cut insurance to workers' spouses.
(Nov 30, 2009)
Social insurance baffles employers (Vietnam Net)
VietNamNet Bridge – Many enterprises and companies in HCM City were still not clear about their health and unemployment insurance obligations, representatives said at a meeting with State officials last Thursday.
(Nov 30, 2009)
Mich. Dems expand call for auto insurance changes (AP via Yahoo! News)
Michigan Democrats are promoting proposals they say would make auto insurance more affordable and strengthen consumer protections in the state.
(Nov 30, 2009)
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