Archive for November, 2009
Published: November 30th, 2009
Federal flood insurance has long been cheap in Florida, at least in comparison to private and state windstorm coverage. That may not last. With the National Flood Insurance Program running some $17 billion in the red after Hurricane Katrina losses, federal budget watchers have expressed growing concern.
Senate health bill wouldn’t increase insurance costs for most, CBO says (Washington Post)
Published: November 30th, 2009
As the Senate opened debate Monday on a landmark plan to overhaul the nation's health-care system, congressional budget analysts said the measure would leave premiums unchanged or slightly lower for the vast majority of Americans, contradicting assertions by the insurance industry that the averag...
Michigan Democrats pitch proposals to reduce auto insurance rates, while insurance industry makes own proposal (The Grand Rapids Press)
Published: November 30th, 2009
The plan comes weeks after the state Board of Canvassers approved a ballot proposal that would allow voters to decide next fall if they want to reduce automobile, home and business insurance rates by 20 percent.
Mich. Dems expand call for auto insurance changes (Newsday)
Published: November 30th, 2009
Michigan Democrats continue push for changing state's auto insurance laws
Life insurance cover soars in slump (Stuff)
Published: November 30th, 2009
Sales of life insurance policies have rocketed during the recession, but industry sources say the boom is more likely fuelled by hungry salesmen than rising fears of mortality.
Leon Hunter Jr. | Insurance executive, 88 (The Philadelphia Inquirer)
Published: November 30th, 2009
Leon Hunter Jr., 88, formerly of Newtown Square, a retired insurance company executive, died Saturday at Hickory House Nursing Home in Honeybrook of complications from surgery.
Will you pay more for insurance after reform? (MSNBC)
Published: November 30th, 2009
An analysis shows health insurance rates would generally hold steady or decline for most Americans — those covered by large employers — if the Senate health bill became law.
Insurance firms must make terms and conditions easy to comprehend (The Star)
Published: November 30th, 2009
MOST of us have more than one insurance policy. We, the ordinary citizens, are usually unable to grasp the fine prints and detailed terms and conditions of the policies.
Flood insurance program awash in red ink (Miami Herald)
Published: November 30th, 2009
Federal flood insurance has long been cheap in Florida, at least in comparison to private and state windstorm coverage. That may not last. With the National Flood Insurance Program running some $17 billion in the red after Hurricane Katrina losses, federal budget watchers have expressed growing concerns about its financial stability and rate structure.
Court rules in long-running insurance feud (UPI)
Published: November 30th, 2009
SAN FRANCISCO, Nov. 30 (UPI) -- A California court has ruled in a long-fought legal battle between insurance companies and accident victims over who pays for medical care, and how much.