| //23-03-2009 |
Most of it is a giant collection of heavily regulated, fairly traditional insurance companies that sold policies to millions of governments, companies and individuals.
|
| //23-03-2009 |
Due to rising health care costs and insufficient insurance plans, more and more Americans become “medical tourists” as they explore health care possibilities abroad. Moreover, the availability of high-quality medical facilities with U.S. accreditation, coupled with more reasonable rates, make health care abroad a more viable option for Americans.
|
| //23-03-2009 |
As the unemployment roll continues to swell, businesses desperately looking for ways to further reduce operating costs are canceling employer group health plans. Faced with the prospect of being uninsured, thousands of employees all over the U.S. are scrambling to find alternative ways to cover their families.
|
| //19-03-2009 |
Tempers flared during a meeting last Wednesday at the State House about the next step in Massachusetts’ transition to a competitive auto insurance market.
The furor’s most frequent target: Insurance Commissioner Nonnie S. Burnes, who listened for two hours to more than 100 insurance agents express fear and anger that the changes will force them to close up shop.
|
| //19-03-2009 |
Here's Wednesday testimony by Mr. Edward M. Liddy, Chairman and Chief Executive Officer, American International Group before the House Financial Services Subcommittee on Capital Markets, Insurance and Government-sponsored Enterprises:
|
| //19-03-2009 |
Washington -- An Obama administration proposal to bill veterans' private insurance companies for combat-related injuries has prompted veterans groups to condemn the plan as unethical, and powerful lawmakers on Capitol Hill have promised to oppose it.
|
| //16-03-2009 |
WASHINGTON — Despite being bailed out with more than $170 billion from the Treasury and Federal Reserve, the American International Group is preparing to pay about $100 million in bonuses to executives in the same business unit that brought the company to the brink of collapse last year.
|
| //16-03-2009 |
The federal subsidy of COBRA health insurance for laid-off workers contained in the economic stimulus bill has been generating a lot of reaction -- not all of it positive.
COBRA -- short for the Consolidated Omnibus Budget Reconciliation Act -- is the federal program that allows workers to hold on to their health insurance benefits after a job loss. The new law will subsidize 65 percent of COBRA premiums for some workers for up to nine months. But news of the subsidy has generated as much confusion and frustration as it has relief.
|
| //16-03-2009 |
Laid-off workers have several options for health insurance coverage. Here are some of the main ones:
|
| //16-03-2009 |
Michael Jackson may have sold out his London concerts, but insurance companies fear the tour may be too much of a thriller.
|
| //16-03-2009 |
|
| //10-03-2009 |
It's time for the government to prioritize the wellbeing of people over the wellbeing of insurance companies.
|
| //10-03-2009 |
|
| //09-03-2009 |
It wasn't that long ago that the threat of another terrorist attack caused some people to be wary of traveling. Now it's the threat of losing a job.
In the wake of the Sept. 11, 2001, terrorist attacks, travel-insurance companies added terrorist incidents to the list of reasons they would cover for canceling a trip.
|
| //09-03-2009 |
During the past 10 years, an overall decline in collision insurance claims and a dramatic increase in the number of total loss declarations have had devastating consequences for the collision repair industry.
|
| //09-03-2009 |
Sixteen years ago, the opposition that killed President Bill Clinton's massive plan for universal health-care coverage was distilled in a 30-second ad showing "Harry and Louise," a fictional middle-class couple, shuffling papers and complaining about "government bureaucrats" who limited their choices
|
| //08-03-2009 |
Earlier this week, we brought you the disturbing news that more than one-third of all Americans went without health insurance for long periods of time during the past two years—mostly because they couldn’t afford the high cost.
|
| //06-03-2009 |
AUSTIN, Texas (AP) - Some Texas legislators today sought to require insurance companies to pay into a catastrophe fund.
The companies could then tap into the fund if they sustain big losses from a natural disaster.
The Texas Windstorm Insurance Association - the last resort insurer for some coastal counties - also would have to pay into the reinsurance fund. Reinsurance is a backup policy for insurance companies.
|
| //06-03-2009 |
Even with its stock at pennies and business in shambles, the insurance titan American International Group (AIG) still stands as a massive force in the U.S. economy and millions of U.S. consumers and businesses will remain exposed to its products most likely for years, experts said.
But, what is AIG, and why has the government stepped in to provide more than $180 billion in emergency aid to this once-mighty company that until recently was a member of the Dow Jones Industrial Average?
|
| //06-03-2009 |
New York Insurance Superintendent Eric Dinallo is one of the few regulators who understands the chaos that has befallen American International Group (AIG). So his testimony before the U.S. Senate Banking Committee today (March 5) should give comfort to investors in other insurance companies, but might worry those who feel we’ve already sunk enough tax dollars into this failing giant.
|
