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//26-12-2008

AIS's Health Business Daily

One Health Plan's Experience With a Part D Audit
//26-12-2008

http://www.tradingmarkets.com/.site/news/Stock%20News/2100484/

Dec 26, 2008 (Datamonitor via COMTEX) -- STJO | Quote | Chart | News | PowerRating -- Aetna, a diversified healthcare benefits company, and BayCare Health System, a community-based healthcare system, have reached agreement on a new multi-year contract that ensures continuation of their long-term relationship in the Tampa Bay area. The new contract takes effect from January 1, 2009.
//26-12-2008

All I want for Xmas is a damn car park

New research from insurance company AAMI.
//26-12-2008

Swiss Life: exposure to Madoff products

After conducting the necessary clarifications, Swiss Life has ascertained that it holds no direct investments in products managed by Madoff Investment Securities, but is exposed to an amount of roughly CHF 90 million via Fund of Funds offered by providers such as RMF, UBP and Reichmuth. This corresponds to less than 0.1% of Swiss Life's assets under management.
//26-12-2008

Preliminary Swiss Re sigma estimates that over 238 000 people were killed by catastrophes in 2008, insured losses soar to USD 50 billion.

According to initial estimates from the forthcoming Swiss Re sigma study on catastrophes, more than 238 000 people lost their lives to natural catastrophes and man-made disasters in 2008 ¨C the fourth largest number of deaths since 1970. While the total cost to society was USD 225 billion, USD 50 billion was covered by property insurance, making 2008 the second costliest year ever in terms of insured losses.
//26-12-2008

Swiss Re enters into USD 1.5 billion long term Letter of Credit facility, supporting its leading life reinsurance business

Swiss Re announced today that it has entered into a USD 1.5 billion long term Letter of Credit (LoC) facility with JP Morgan.
//26-12-2008

Scottish Life launches new support package for IFAs

Scottish Life, the pensions specialist arm of the Royal London Group, has introduced new Income Release annual review documents to help IFAs better advise their clients and fulfil their Treating Customers Fairly (TCF) obligations.
//25-12-2008

Health Care Reform Needs a Public Option

Our broken health care system hurts everyone. Health insurance premiums are going up three times faster than pay, with many working families shouldering a growing share of those costs.
//25-12-2008

Cincinnati Insurance to Begin Marketing Business Insurance Policies in Texas

Cincinnati Financial Corporation (Nasdaq: CINF) announced that on December 19, 2008, its lead property casualty insurance subsidiary, The Cincinnati Insurance Company, appointed Watkins Insurance Group, with locations in Austin and Marble Falls, Texas, as the first independent agency in that state to market its policies. Cincinnati Insurance executives initiated the relationship at the company's headquarters, welcoming agency representatives Patrick Watkins, CIC, CRM, president, and Mike Mosley, CIC, vice president.
//25-12-2008

Meeting health-care test

Providing health insurance for the poor who grow elderly calls for innovation in a bid to save costs
//25-12-2008

Top Investigation of 2008 - AIG Phoenix Conference

While members of congress were busy doling out your tax dollars to help keep AIG afloat, the ABC15 Investigators caught some of the company¡¯s top executives holding poolside meetings at an upscale Valley resort.
//24-12-2008

Blunt Talk by Health-Care Leader

WASHINGTON -- Rep. Pete Stark, chairman of the House Ways and Means Committee's health panel, will be an important player as Washington tackles health care next year. But his blunt criticism of opponents and his positions to the left of many other Democrats promise to make the process bumpier.
//24-12-2008

Healthcare Reform and State and Local Budgets


//24-12-2008

AIG’s Hartford Sale Shows Loan Repayment Not Certain


//22-12-2008

AIG May Sell Hartford Steam to Munich Re for Up to $1 Billion

American International Group Inc. is close to a sale of Hartford Steam Boiler, the largest North American equipment-breakdown insurer, to Munich Re for as much as $1 billion, according to a person familiar with the transaction.
//22-12-2008

Insurance companies strive to meet claims obligation

The insurance industry recapitalisation and consolidation have no doubt brought responsiveness and enhanced customer value among insurance companies.
//20-12-2008

American Health Care: A System to Die For

The United States stands alone, the only industrialized nation without universal health care. Americans know it's time to do more than patch up a flawed and over-priced system. Can we afford to cover everyone? Can we afford not to?
//19-12-2008

Homeowner insurance rates to rise 4%

Raleigh, N.C. ¡ª Insurance Commissioner Jim Long signed a settlement agreement with homeowners insurance companies Thursday, allowing rates to increase by an average of 4.05 percent.
//19-12-2008

MetLife Embraces Eased Rules

Thanks to an effort by New York regulators to give life insurers more flexibility in calculating their reserves, MetLife Inc. said earlier this month it expects to reduce by about $1.8 billion, or more than 30%, the amount it must post to show it can deliver on guarantees in minimum-return variable annuities.
//19-12-2008

Regulators May Ease Reserve Rules as Insurers¡¯ Options Dwindle

Dec. 19 (Bloomberg) -- State insurance regulators are seeking to ease reserve requirements for life insurers, increasing the companies¡¯ liquidity as investors and banks curtail funding of the industry.

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