Insurance News 02/2010 (Page 6)
Australia’s QBE Targets ING Commercial Insurance Unit, SMH Says (Bloomberg)
Feb. 27 (Bloomberg) -- QBE Insurance Group Ltd. is considering acquiring the commercial insurance operations of ING Groep NV, the Sydney Morning Herald said, citing QBE Chief Executive Officer Frank O’Halloran .
(Feb 27, 2010)
Mayor, council health insurance costs Des Moines $80,000 (The Des Moines Register)
Des Moines’ seven part-time City Council members receive discounts for their health insurance premiums, paying $420 annually for family coverage that costs more than $13,000.
(Feb 27, 2010)
Screening a new home insurance company (Bankrate.com)
When State Farm threatened to pull out of Florida's home insurance market a year ago, David Scott Banghart decided it was time to start looking for another provider.
(Feb 27, 2010)
DeMarrais: Insurance covers much storm damage (The Record and Herald News)
Heavy winds and wet snow have hit North Jersey hard, damaging homes and cars and leaving consumers wondering what their insurance will cover and what bills they’ll have to pay themselves.
(Feb 27, 2010)
GOP minority pushes for insurance premium relief in Westchester (Mid-Hudson News)
WHITE PLAINS – The Republican minority on the Westchester County Board of Legislators is calling on the Democratic majority to approve a 15 percent contribution to health insurance premiums by the county’s non-represented employees.
(Feb 27, 2010)
Tax Reminder: Double Incentives For Long-Term Care Insurance In Many States (Medical News Today)
Many Americans with long-term care insurance are learning Uncle Sam may give them a hefty deduction for their premiums; but many fail to realize their state may grant an additional deduction or credit. "If you can double your money, so to speak, why not do it," says Gene Cutler, Manhasset, New York-based agent for LTC Financial Partners LLC (LTCFP), one of the nation's most experienced long-term ...
(Feb 27, 2010)
Insurance company ‘rebranding’ (The Pekin Daily Times)
One of Pekin’s largest employers says a new “rebranding” effort will better represent the company’s current strengths. Pekin Insurance vice president of marketing Joel Jackson said the company has put a “huge focus” on technology in recent years, improving the way agents process policies. He said the company also made an effort to expand and add to coverage options available to customers.
(Feb 27, 2010)
In Telluride, a struggle between providers and insurance companies (Telluride Daily Planet)
As the Senate passed a landmark health care bill in Washington that extends coverage to millions, the Telluride Medical Center wages its own battles, hoping to wring better deals from insurance companies.
(Feb 27, 2010)
Public can weigh in about health insurance costs at Framingham forum (The Framingham Tab)
The state Division of Insurance is hosting a public forum about health insurance cost increases on March 5.
(Feb 27, 2010)
Video: Health Insurance Woes (CBS News)
The nation's largest Health insurance corporation has been facing tough questions about alleged insurance abuse. As Sandra Hughes reports, this was a case point in Obama's Health Care Summit.
(Feb 28, 2010)
Insurance Bonuses: Arguing For Tontines (NPR)
People between the ages of 19 and 29 make up a third of all uninsured Americans under retirement age. And for many of them, that's a choice. But that puts a strain on the health-care system. Host Guy Raz talks to Tom Baker, a University of Pennsylvania law professor who's proposing a 19th-century solution to this very 21st-century problem: tontines. The health insurance policies would pay a cash ...
(Feb 28, 2010)
Some getting nasty surprise on insurance (The News & Observer)
As if having to pay higher health insurance premiums each year isn't bad enough, now workers have another worry: companies that drop their health insurance coverage and don't bother to tell employees.
(Feb 28, 2010)
Lawmakers Take On Property Insurance This Session (CBS4 Miami)
When the Florida legislature convenes on Tuesday one item that will be on lawmaker's plates will be sorting out the state's insurance mess. The objective is to make policies affordable while making sure the companies that provide them are profitable and able to cover claims if a major hurricane hits.
(Feb 28, 2010)
Insurance Policy May not Cover Moose-Vehicle Accidents (Voice of the Common Man)
You might wish to take a closer look at your insurance policy, particularly if you have concerns about a collision with a moose. Just because you have collision coverage on your policy doesn't necessarily mean your company has you covered in the event of an encounter with a moose.
(Feb 28, 2010)
CPA employees excluded from govt health insurance (Saipan Tribune)
Employees of the Commonwealth Ports Authority remain excluded from the government's health and life insurance coverage that will be administered by new carrier Individual Assurance Company, according to the NMI Retirement Fund.
(Feb 28, 2010)
Crop insurance available through FSA (The Norwood Post)
San Miguel and Dolores County farmers can apply now for non-insured assistance program (NAP) for certain crops through the counties’ Farm Service Agency (FSA). Dry beans, corn, oats, safflower and sunflowers are all eligible for NAP insurance.
(Feb 28, 2010)
Legislature tries again to tackle insurance mess (MalaysiaNews.net)
TALLAHASSEE, Fla. -- Randi Schuknecht worried that her longtime, established insurance company was about to leave Florida - and leave her without a homeowner's policy. So she found a new insurer - on...
(Feb 28, 2010)
In Telluride, a struggle between providers and insurance companies (Telluride Daily Planet)
As the Senate passed a landmark health care bill in Washington that extends coverage to millions, the Telluride Medical Center wages its own battles, hoping to wring better deals from insurance companies.
(Feb 28, 2010)
Absa Insurance will refund premium increases imposed without clients' consent (Independent Online)
If you are an Absa homeowner's insurance client and the company increased your policy value and premiums in December last year without your express permission, you can have the increased portion of your premiums refunded.
(Feb 28, 2010)
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