Business / finance insurance news stories


Business / finance insurance news stories

Health premiums rising faster than earnings (source: Biz Journal)
September 15, 2009 at 10:26 pm

Since 2000, health insurance premiums paid by Wisconsin employers for family and individual health coverage rose 4.6 times faster than earnings, according to a new report. (source: Biz Journal)

Judge: State followed law in approving Regence's 26% rate hike (source: Biz Journal)
September 15, 2009 at 5:40 pm

Oregon insurance officials followed proper procedures in approving a 25.6 percent rate hike requested by Regence BlueCross BlueShield of Oregon, according to an Oregon judge. (source: Biz Journal)

Ga. Supreme Court hears challenge to tort reform law (source: Biz Journal)
September 15, 2009 at 5:40 pm

Georgia's cap on pain-and-suffering awards in medical malpractice lawsuits violates the right to a jury trial, a lawyer for a woman who suffered a botched facelift told the state Supreme Court Tuesday. (source: Biz Journal)

N.J. program will try to get long-term jobless back to work (source: Biz Journal)
September 15, 2009 at 5:40 pm

Gov. Jon S. Corzine unveiled a new program on Tuesday that will provide employers with up to $2,400 for each out-of-work person they hire who has exhausted state and federal unemployment benefits. (source: Biz Journal)

Willis Pays CNA $130M In Settlement (source: Topix.net)
September 15, 2009 at 5:40 pm

Wilis Group to shell out $130 million to resolve legal dispute with CNA Financial. (source: Topix.net)

Iowa to Hold Final Public Hearing on Use of Credit in Insurance (source: Insurancejournal.com)
September 15, 2009 at 12:34 pm

The Insurance Consumer Advocate for the Iowa Insurance Division, Angel Robinson, will hold her final public hearing on Sept.16 on the use of credit scores in pricing and underwriting of insurance ... (source: Insurancejournal.com)

Texas Plans Extensive Erosion Prevention Projects Along Coast (source: Insurancejournal.com)
September 15, 2009 at 12:32 pm

One year after Hurricane Ike devastated large swaths of the upper Texas Gulf Coast, the state has unveiled a plan estimated at $135.4 million that aims to fight beach erosion in a coordinated ... (source: Insurancejournal.com) - RSS news feeds and Widgets on Feedzilla.com

Ratings Roundup: Ind. Mutual Fire, HM Casualty, Constitution (source: Insurancejournal.com)
September 15, 2009 at 12:24 pm

A.M. Best Co. has assigned a financial strength rating of 'A-' (Excellent) and an issuer credit rating of "a-" to Illinois-based Independent Mutual Fire Insurance Company, both with stable ... (source: Insurancejournal.com)

Maryland Woman Sues after Tripping over Flower Pot (source: Insurancejournal.com)
September 15, 2009 at 9:55 am

A Maryland woman is seeking $150,000 for injuries she says she sustained when she tripped over a flower pot at a fire hall in 2006. According to court documents, Shirley Hiser filed suit ...Copyright 2009 Associated Press. All rights reserved. This materi... (source: Insurancejournal.com)

Police Probe Shooting Death of Kentucky Insurance Department Examiner (source: Insurancejournal.com)
September 15, 2009 at 9:07 am

Police in Lexington, Kentucky are investigating the shooting death of a former state GOP lawmaker's ex-girlfriend, after the woman was found shot to death early Friday outside her town house. ...Copyright 2009 Associated Press. All rights reserved. This ma... (source: Insurancejournal.com)

Lightning Sparks Fires in California (source: Insurancejournal.com)
September 15, 2009 at 9:02 am

State fire officials say that more than 1,500 lightning strikes ignited 81 fires in northern and central California over the weekend, but most are contained. Department of Fire and Forestry ...Copyright 2009 Associated Press. All rights reserved. This mat... (source: Insurancejournal.com)

Caterpillar and Cummins Named to Dow Jones Sustainability Index (source: Topix.net)
September 15, 2009 at 8:16 am

Caterpillar Inc. last week announced it has been named to the Dow Jones Sustainability Indexes for the ninth straight year and has retained its Sustainable Asset Management Gold Class position in the Industrial Engineering sector. (source: Topix.net)

Insurance premiums likely to rise as claims increase (source: Topix.net)
September 15, 2009 at 4:05 am

Australia's insurers are likely to raise premiums as they seek to offset higher claims costs and as low interest rates cut returns from investments, according business services firm KPMG. (source: Topix.net)

MGIC defers debt interest payments, shares slump (source: Topix.net)
September 14, 2009 at 11:56 pm

DES MOINES, Iowa - Shares of mortgage insurer MGIC Investment Corp. fell Monday after the company said it would defer for a decade interest payments on debt due next month. (source: Topix.net)

Bailed-out companies detail new expense policies (source: Topix.net)
September 14, 2009 at 7:54 pm

Companies that received billions of dollars of government aid have published policies meant to limit lavish expenses, new rules that follow reports of costly private jets, spa retreats and other corporate excess at firms receiving taxpayer money. (source: Topix.net)

When the Best Insurance Isn't Insurance (source: E-Zine)
September 14, 2009 at 7:23 pm

You insure yourself against car accidents, fires, burglaries, health calamities, and premature death. For less than ten dollars a month you can ''insure'' yourself against something that is far more likely to happen to you than any of the above: identity t... (source: E-Zine)

How Insurance Saves You Money (source: E-Zine)
September 14, 2009 at 7:08 pm

Auto insurance, health insurance, life insurance, dental insurance, homeowners insurance...it seems like you pay and pay and pay and never get anything in return from all those premiums you've thrown on the window. Ideally, you would only buy insurance you... (source: E-Zine)

Danner named Mo.'s interim economic director (source: Biz Journal)
September 14, 2009 at 6:36 pm

Missouri Gov. Jay Nixon named Deputy Economic Development Director Kathleen ''Katie'' Steele Danner to serve as interim director when Linda Martinez resigned Monday after eight months in office. (source: Biz Journal)

Inexpensive Insurance and the Underinsured (source: E-Zine)
September 14, 2009 at 5:33 pm

The need for inexpensive insurance is growing in America, and there are plenty of places to lay the blame. Some people simply don't make enough money. Health insurance premiums, for example, can end up taking too big of a bite out of a family's monthly p... (source: E-Zine)

Petasnick 'disappointed' in tone of reform debate (source: Biz Journal)
September 14, 2009 at 4:51 pm

Bill Petasnick, president and chief executive officer of Froedtert and Community Health, said Monday he is disappointed in the dialog surrounding national health care reform, particularly the amount of misinformation being distributed by politicians. (source: Biz Journal)

Navistar, Caterpillar close global truck joint venture (source: Topix.net)
September 14, 2009 at 3:42 pm

Navistar International Corp. and Caterpillar Inc. closed a joint venture transaction resulting in a new company, NC2 Global LLC, to serve the global commercial truck market. (source: Topix.net)

Feds investigate St. Louis License Collector McMillan (source: Biz Journal)
September 14, 2009 at 3:41 pm

The U.S. Treasury Department is investigating the personal finances of St. Louis License Collector Michael McMillan, his spokeswoman said Monday. (source: Biz Journal)

Health-care grant of $17M to help low-income parents (source: Biz Journal)
September 14, 2009 at 3:28 pm

North Carolina has won a $17 million federal grant that will be used to extend health-care coverage to uninsured, low-income parents, the governor's office announced Monday. (source: Biz Journal)

RMS Warns Tropical Storm Koppu Threatens Southern China (source: Insurancejournal.com)
September 14, 2009 at 12:24 pm

Risk Management Solutions is currently tracking the progress of tropical storm Koppu. As of this morning, the storm was located over the South China Sea, approximately 130 miles (210 kms) south ... (source: Insurancejournal.com)

Maryland Man Ordered to Pay Restitution in Fire (source: Insurancejournal.com)
September 14, 2009 at 12:21 pm

A Maryland man has entered an Alford plea in connection with a fire at his home last year. Fifty-one-year-old Bruce B. Opel entered the plea to a charge of reckless endangerment Wednesday in ...Copyright 2009 Associated Press. All rights reserved. This ma... (source: Insurancejournal.com)

Two Californians Nabbed for Auto Insurance Fraud (source: Insurancejournal.com)
September 14, 2009 at 12:21 pm

Two residents of San Jose, Calif., have been arrested on automobile insurance fraud charges, after one of them attempted to buy insurance immediately after an accident. "Insurance fraud ... (source: Insurancejournal.com)



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