Archive for November, 2009

Mich. Dems expand call for auto insurance changes (San Francisco Chronicle)

By: Administrator
Published: November 30th, 2009
Michigan Democrats are promoting proposals they say would make auto insurance more affordable and strengthen consumer protections in the state. Opponents including the insurance industry say the proposals detailed Monday would drive up costs for customers and... Insurance - Vehicle insurance - Financial Services - Business - Automotive

Drywall insurance hearing in Mandeville (New Orleans Times-Picayune)

By: Administrator
Published: November 30th, 2009
  The Senate Insurance Committee will hold a special hearing on problem drywall manufactured in China on Wednesday night in Mandeville in the St. Tammany Parish Council meeting room on Koop Drive. Major insurance companies, such as State Farm,...

Health insurance overhaul to exclude illegal residents (San Jose Mercury News)

By: Administrator
Published: November 30th, 2009
That means roughly one in six uninsured Californians and tens of thousands living in the San Jose area will remain without insurance whether or not the Senate ultimately passes a bill and no matter how generous the subsidies for the poor or punitive the penalties for those who refuse.

Mich. Dems expand call for auto insurance changes (AP via Yahoo! News)

By: Administrator
Published: November 30th, 2009
Michigan Democrats are promoting proposals they say would make auto insurance more affordable and strengthen consumer protections in the state.

Sullivan Named Los Angeles’ Insurance Person of the Year (Insurance Journal)

By: Administrator
Published: November 30th, 2009
The Los Angeles Chapter of the CPCU Society has named Gerald J. Sullivan its Rie R. Sharp Insurance Person of the Year Award winner. According to the society, the award recognizes "an individual ...

UPDATE: Senate Health Bill Lowers Insurance Costs For Many-CBO (Nasdaq)

By: Administrator
Published: November 30th, 2009
(Updates with detail on expected premium increases, starting in second paragraph.) WASHINGTON -(Dow Jones)- Insurance premiums would be expected to stay the same or decline slightly--up to 3%--for most Americans who get health coverage through their employer under Senate health legislation.

Starr gets OK from Hong Kong to provide insurance (Business Insurance)

By: Administrator
Published: November 30th, 2009
HONG KONG—Starr International Insurance (Asia) Ltd. said Monday that it received authorization from Hong Kong’s Office of the Insurance Commissioner to provide several classes of general insurance in or from the region.

Senate Health Bill Lowers Insurance Costs For Many – CBO (Nasdaq)

By: Administrator
Published: November 30th, 2009
WASHINGTON -(Dow Jones)- Insurance premiums would be expected to decline slightly--up to 3%--for most Americans who get health coverage through their employer under Senate health legislation.

Flood insurance costs may exceed €250m (RTÉ News)

By: Administrator
Published: November 30th, 2009
The insurance cost of flooding damage to homes and businesses around the country may now exceed €250m across the entire insurance industry, according to Hibernian Aviva, the country's largest insurer.

Auto insurance companies say proposed reforms would cost consumers more (The Flint Journal)

By: Administrator
Published: November 30th, 2009
GENESEE COUNTY, Michigan — A group of Michigan insurance companies responded today to proposed auto insurance reforms from House Democrats, calling them a political "scheme." Genesee County's Rep. Woodrow Stanley, D-Flint, and Rep. Lee Gonzales, D-Flint Township, this morning unveiled...

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