Insurance News 04/2010 (Page 5)
Petition drive kicks off today to reform auto insurance
Detroit -- Insurance reform advocates plan to launch a petition drive today to reform car insurance rates for Metro Detroit motorists.
(Apr 26, 2010)
From ashes to delays: The ins and outs of travel insurance
Before rushing to buy coverage, travelers should first consider whether they need any insurance, then make sure that a policy will cover the specific risks that could keep them from making or completing a trip.
(Apr 26, 2010)
Hulk Hogan suing insurance company over Nick Hogan's car crash
Professional wrestler and reality TV personality Hulk Hogan is suing Wells Fargo Insurance Services for alleged malpractice, Florida court records show.
(Apr 26, 2010)
Thailand Insurance Market Intelligence - Market has Experienced Astounding Growth in the Last Ten years
Thailand Insurance Market Intelligence " report to their offering. Over the past ten years, the Thai insurance market has recorded astounding growth on account of governmental promotional measures, ne...
(Apr 26, 2010)
Is whole life or universal life insurance a good investment choice?
Whole life and universal life insurance policies can help defer taxes, as well as build a cash value that can be used to supplement retirement or provide tax-free loans to the policyholder. However, the high fees and commissions often attached to these policies can make them cost-prohibitive. Members of the Financial Planning Association of Greater Indiana may be able to advise you. Visit their ...
(Apr 26, 2010)
Embattled Springfield insurance companies to plead case
Attorneys for a pair of Springfield insurance businesses accused by state regulators of selling thousands of bogus health-insurance policies nationwide will try to convince a Nashville judge today that the companies are not insolvent.
(Apr 26, 2010)
Complaints on motor insurance review plan
THE government has received many complaints on Bank Negara Malaysia's proposal to restructure the country's third-party motor insurance policy, Deputy International Trade and Industry Minister Datuk Mukhriz Tun Mahathir said today. "We are having some talks with relevant parties such as Bank Negara to see how best we can resolve this," he told reporters at a press conference after officiating ...
(Apr 26, 2010)
Complaints On Motor Insurance Policy Restructure Proposal, Says Mukhriz
KUALA LUMPUR, April 26 (Bernama) -- The government has received many complaints on Bank Negara Malaysia's proposal to restructure the country's third-party motor insurance policy, Deputy International Trade and Industry Minister Datuk Mukhriz Tun Mahathir said Monday.
(Apr 26, 2010)
Complaints on motor insurance policy restructure proposal
KUALA LUMPUR: The government has received many complaints on Bank Negara Malaysia's proposal to restructure the country's third-party motor insurance policy, Deputy International Trade and Industry Minister Datuk Mukhriz Tun Mahathir said today.
(Apr 26, 2010)
Arkansas Insurance Department Adds Nicholas, Morris
Arkansas Insurance Commissioner Jay Bradford has named Lowell Nicholas, D.D.S., as special projects director for the Arkansas Insurance Department and John F. Morris as deputy commissioner/general ...
(Apr 26, 2010)
Travel insurance 101
Travelers who racked up unforeseen expenses during Europe's recent volcanic ash cloud chaos -- and those observing nervously from the sidelines -- may want to look into travel insurance for their next trip.
(Apr 26, 2010)
Ruling near on closure of Springfield companies accused of insurance fraud
Chancellor Ellen Hobbs Lyle intends to make a final ruling by Wednesday on whether the state can permanently close a pair of Springfield businesses accused of selling bogus health-insurance policies to thousands of consumers nationwide.
(Apr 27, 2010)
Iceland volcano: Shame on our insipid travel insurance providers
Don't assume your travel disruption will be sweetened with a nice cheque from your insurer, says Patrick Collinson Insurance folklore says the San Francisco earthquake of 1906 was the making of Lloyd's of London. The American insurers turned tail and some failed to pay out. But the London insurers stood by their contracts, paid out, and earned a reputation for integrity that helped Lloyd's ...
(Apr 27, 2010)
AirAsia unit gets nod for Labuan captive insurance biz
KUALA LUMPUR: AIRASIA BHD [ ]'s unit AirAsia Corporate Services has received official approval to set up a Labuan captive insurance business.
(Apr 27, 2010)
Gov. Nixon to sign bills speeding insurance payments
Insurance companies that take too long to pay health care claims in Missouri could face financial penalties beginning next year. Gov. Jay Nixon was expected to sign so-called "prompt pay" legislation Tuesday during ceremonies in Jefferson City and Cape Girardeau.
(Apr 27, 2010)
Chinese drywall bill limiting insurance company actions sails past Louisiana senate
Measure heads to House Insurance Committee
(Apr 27, 2010)
New Missouri Law Will Require Insurance Companies Pay Up Quicker
Insurance companies that take too long to pay health care claims in Missouri could face financial penalties beginning next year.
(Apr 27, 2010)
School board accepts insurance payment
CLINTON, Iowa The Clinton School Board agreed Monday night toaccept an insurance payment of $500,000, the maximum of its policy,to cover a portion of the misappropriated funds from thedistrict.
(Apr 27, 2010)
National Interstate to Acquire Vanliner Insurance
National Interstate Corp., headquartered in Richfield, Ohio, announced that its principal insurance subsidiary, National Interstate Insurance Co., will acquire Fenton, Mo.-based Vanliner Insurance ...
(Apr 27, 2010)
Greece, Portugal, Spain Debt Insurance Costs Soar
Greece, Portugal, Spain Debt Insurance Costs Soar
(Apr 27, 2010)
A Bank Tax as Insurance for Us All
No one knows how to prevent the next crisis. Nodding to that, a bank tax is akin to an insurance policy that taxpayers would require Wall Street to hold.
(Apr 27, 2010)
USDA proposes cutting billions from crop insurance subsidies after industry posts high profits
MINNEAPOLIS - The federal government wants to save taxpayers billions of dollars by reducing spending on crop insurance after years of big profits by insurers, but the industry claims the reductions could hurt rural areas.
(Apr 28, 2010)
Vienna Insurance CEO Says New EU Rules May Force Asset Sales
April 28 (Bloomberg) -- Vienna Insurance Group Chief Executive Officer Guenter Geyer said new European Union rules that require investments to be backed by higher levels of capital may force insurers to sell shares and real estate.
(Apr 28, 2010)
Government to press insurance rebate changes
Treasurer Wayne Swan says the Federal Government is not giving up on its plan to means test the private health insurance rebate, leaving open the possibility of a double dissolution election over the issue.
(Apr 28, 2010)
Insurance companies hope to expand with increases chartered capital
VietNamNet Bridge Insurance companies have set up plan to increase their chartered capital in 2010, which will allow them to expand.
(Apr 28, 2010)
House Commitee Advances 5-Year Flood Insurance Extension
A bill to overhaul the troubled U.S. National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional ...
(Apr 28, 2010)
Congress panel backs flood insurance overhaul
A bill to overhaul the troubled National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee.
(Apr 28, 2010)
Neb. governor turns down health insurance program
Nebraska Gov. Dave Heineman turned down the first phase of the federal health care law on Tuesday, telling federal officials the state will not operate a new, high-risk insurance pool for people unable to get private insurance.
(Apr 28, 2010)
U.S. to cut subsidies, profits for crop insurance companies
USDA proposes cutting billions from crop insurance subsidies after industry posts high profits
(Apr 28, 2010)
Congress panel backs U.S. flood insurance overhaul
WASHINGTON (Reuters)A bill to overhaul the troubled U.S. National Flood Insurance Program, which covers more than 5 million homes and businesses in flood-prone areas, was approved Tuesday by a congressional committee.
(Apr 28, 2010)
WA man guilty of killing child for insurance money
A Washington state man accused of drowning his 3-year-old stepdaughter so he could collect on a $200,000 life insurance policy has been convicted of second-degree murder.
(Apr 28, 2010)
Getting cheaper car insurance
Find ways to obtain cheaper car insurance.
(Apr 29, 2010)
Compare auto insurance
It's important to compare auto insurance quotes from different companies before you buy.
(Apr 29, 2010)
Some faithful turn to health sharing ministries instead of insurance
When Jeff Masters had $30,000 in medical bills after getting bladder cancer, he didn't pay through conventional insurance. Instead, he had thousands of fellow Christians foot the bill.
(Apr 29, 2010)
IRS lacks clout to enforce mandatory health insurance
Health care bill puts IRS in charge of making sure all Americans buy health insurance if they can afford it, or face fines. Will that work?
(Apr 29, 2010)
WA man guilty of killing girl for insurance money
SEATTLE (AP) -- A Kent man was convicted Wednesday of second-degree murder in the drowning of his 3-year-old stepdaughter. Prosecutors said 40-year-old Joel Zellmer drowned little Ashley McLellan so he could collect on a $200,000 life insurance policy taken out three months before her death. The girl was pulled unconscious from the family swimming pool in December 2003 and died two days later ...
(Apr 29, 2010)
State Regulators Say Insurance Industry Should Easily Meet Medical-Loss Requirement
Insurers can meet the requirements in the new health overhaul law for minimum spending on patient care by deducting taxes and relabeling expenses related to improving "health care quality" as medical costs, rather than administrative ones, according to an April 24 memo from an expert at the National Association of Insurance Commissioners, Bloomberg BusinessWeek reports. The health law will ...
(Apr 29, 2010)
For some, health insurance means keeping the faith
Medi-Share members agree to a "biblical lifestyle" that includes regular church attendance and no sex out of marriage When Jeff Masters had $30,000 in medical bills after getting bladder cancer, he didn't pay through conventional insurance. Instead, he had thousands of fellow Christians foot the bill.
(Apr 29, 2010)
Press-Gazette investigates COBRA health insurance
Have you or a family member used COBRA health insurance through a former employer
(Apr 29, 2010)
For The Love of Dogs: Is Pet Insurance Worth The Price?
The marketplace is flooded with different types of pet insurance--is there one that fits the bill for an aging dog?
(Apr 29, 2010)
China Pacific Insurance First Quarter Net Income Rises 192%
April 30 (Bloomberg) -- China Pacific Insurance Group Co.s first quarter net income rose 192 percent on a year earlier to 2.8 billion yuan, according to a release to the Shanghai Stock Exchange.
(Apr 29, 2010)
Quinn would sell insurance firm
The board of Quinn Group Limited says it would sell Quinn Insurance in view of the funding needed to meet solvency requirements.
(Apr 30, 2010)
Hackensack Police Chief Ken Zisa is charged with insurance fraud, report says
The RecordHackensack Police Chief Ken Zisa surrendered to Bergen County authorities Thursday night in Paramus to face an insurance fraud charge, a law enforcement official said.HACKENSACK -- Hackensack's police chief surrendered Thursday to Bergen County authorities in Paramus to face...
(Apr 30, 2010)
Hackensack officials to meet with prosecutor, after Police Chief Ken Zisa surrendered to face an insurance fraud charge
HACKENSACK The city manager and the mayor will meet with the Bergen County prosecutor this morning after Police Chief Ken Zisa surrendered to authorities Thursday night to face an insurance fraud charge, the manager said.
(Apr 30, 2010)
Employment and Insurance: No Guarantee for Better Health
Having health insurance does not mean workers will take advantage of immunizations, cancer screenings and other preventive health services, a new study finds.
(Apr 30, 2010)
Health Insurance Industry Moves To Halt Rescission Practices Ahead Of Health Reform Requirements
America's Health Insurance Plans President and CEO Karen Ignagni -- the health insurance industry's top executive -- on Wednesday pledged that insurers would halt rescissions of customers' health policies when they get sick, Politico reports. Although the new health reform law (PL 111-148) includes a provision that enforces a federal ban on rescissions, it is not scheduled to take effect until ...
(Apr 30, 2010)
Employment And Insurance: No Guarantee For Better Health
Having health insurance does not mean workers will take advantage of immunizations, cancer screenings and other preventive health services, a new study finds. "Employment and insurance do not guarantee better health outcomes," said lead study author M. Courtney Hughes, Ph.D., who led a team of researchers at the University of Washington School of Public Health, in Seattle. The study, which ...
(Apr 30, 2010)
Monroe Co. man charged with insurance fraud
Investigators say 25-year-old Frederick Kalie Cutcher filed a $3,900 insurance claim to cover damages that occurred before he bought a automobile...
(Apr 30, 2010)
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