Insurance News

Oct. 1 (Bloomberg) -- The U.S. Senate set a vote for tonight on a $700 billion financial-rescue plan, tying it to an increase in bank-deposit-insurance limits and tax breaks to win support from Republicans.

Savers who are frustrated with limits on federal deposit insurance could find temporary relief in the $700 billion financial rescue package pending on Capitol Hill.

In the last two years, at least three states have included health improvement in new programs intended to make health insurance more affordable for small employers.

Sept. 30 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair is seeking authority to temporarily raise deposit insurance limits from $100,000, giving banks liquidity amid a ``crisis of confidence'' in the banking industry.

Sept. 30 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair is seeking authority to temporarily raise deposit insurance limits from $100,000, giving banks liquidity amid a ``crisis of confidence'' in the banking industry.

Seeking confidence-building solutions amid financial disarray, the head of the FDIC, some lawmakers and the two presidential contenders are proposing an increase in federal deposit insurance to $250,000 for ordinary bank accounts.

Sept. 30 (Bloomberg) -- The Federal Deposit Insurance Corp. will ask Congress for permission to increase deposit insurance limits, House Financial Services Committee Chairman Barney Frank said in a memorandum to members of his panel.

Sept. 30 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair is seeking authority to temporarily raise deposit insurance limits from $100,000, giving banks liquidity amid a ``crisis of confidence'' in the banking industry.

Georgia homeowners who use environmentally friendly solar panels and recycled building materials on their houses can now get insurance specially designed for "green" homes, officials announced Tuesday.

The chairman of the House Financial Services Committee has told lawmakers that a federal bank regulator will seek authority to increase the deposit insurance limit to a level above its current $100,000, said a source familiar with the chairman's thinking.