Insurance News
- The Hindu Business Line : Cross-subsidisation of health cover continues despite free pricing Sunday, January 4, 2009 @ 12:08PMChennai, Jan. 4 Come April 1 2009, it is to be seen who has better bargaining skills corporates or insurers. Insurers say they can no longer afford to provide insurance at the premium offered currently while corporates, cutting costs due to economic slowdown, would trim insurance coverage.
- Public vs private Sunday, January 4, 2009 @ 12:06PMMost of the insurers, both public and private, had aggressively pushed for reworking the ceiling. Insurers had cited the banking sector, where no such ceiling existed. This allowed them to expand business.
- Hoyer Says Stimulus Bill Is Unlikely by Inauguration (Update1) Sunday, January 4, 2009 @ 12:05PMJan. 4 (Bloomberg) -- The House of Representatives isn’t likely to pass an economic stimulus bill by President-elect Barack Obama ’s first day in office, the House Majority Leader said today.
- Obama heads to Washington as inauguration looms Sunday, January 4, 2009 @ 12:04PM Barack Obama was starting a new life in Washington Sunday, with his top priority an economic rescue plan that allies said could pass soon after his presidential inauguration in two weeks.
- How to Become Better Sunday, January 4, 2009 @ 12:03PMWhen ever we do something, the first time is hard and difficult. The second time it is just a little bit easier, the third time a little easier yet, and so on until what we are doing becomes easy and second nature.
- AP Financial NewsBrief at 12:43 p.m. EST Saturday, January 3, 2009 @ 12:13PMKIEV, Ukraine (AP) _ A top Ukrainian official warned Saturday that European customers could see serious natural gas disruptions in two weeks unless an energy dispute between Russia and Ukraine was resolved, and the Russian gas monopoly Gazprom accused Ukraine of boycotting contract negotiations.
- Fire guts building, a dozen displaced Saturday, January 3, 2009 @ 12:09PMEVERETT — Stephanie Ortiz woke around 5:30 this morning to the smell of smoke in her north Everett apartment. She opened and closed the windows and went back to bed — until the sound of creaking and crashing from below woke her again.
- Final FEMA deadline is Jan. 12 One week left to apply for disaster assistance Saturday, January 3, 2009 @ 12:09PMTexas homeowners, renters, and business owners who suffered damages from Hurricane Ike have just one week left to register with the Federal Emergency Management Agency (FEMA) for disaster assistance.
- Burst pipes flood halls at Weston High Saturday, January 3, 2009 @ 12:08PM Rooftop heating coils at the middle and high schools froze and burst early Friday morning, causing several thousands dollars worth of water damage but largely sparing classrooms and major equipment.
- US approves $ 13.9 bn sale of bankrupt bank IndyMac Saturday, January 3, 2009 @ 12:05PMUS govt has approved sale of bankrupt California bank IndyMac to investment group IMB Management Holdings for $13.9 bn.
- Rangel statement at odds with record Saturday, January 3, 2009 @ 12:00PM NEW YORK, Jan. 3 (UPI) -- Congressional records show a huge firm asked Rep. Charles B. Rangel, D-N.Y., for a tax cut after he asked for a donation to a school named in his honor.
- Pirate attack off Somalia thwarted: Greece Friday, January 2, 2009 @ 11:54AMEU forces foiled a pirate attack on a Greek-flagged crude oil-tanker off the coast of Somalia on Friday, Greece’s merchant marine ministry said.
- Day planner left at burglary scene Friday, January 2, 2009 @ 11:54AMAn elderly Phoenix couple returned from vacation to find their heirlooms gone, but one item of value to someone else was left behind.
- Hamilton offers support for rail line idea Friday, January 2, 2009 @ 11:51AMRavalli County commuters won’t be hearing “all aboard” any time soon, but a proposal to reactivate a passenger train service to Missoula has gotten another endorsement.
- Sale of IndyMac to investors may be near Friday, January 2, 2009 @ 11:50AMWASHINGTON - Federal regulators were working to sell off failed IndyMac Bank to a group of private investors as soon as Friday, after missing a self-imposed target of selling...
- Generosity to bring local man new leg Friday, January 2, 2009 @ 11:50AMRandy Jacobson has a house to build. But first he just needs a new leg. The Hamilton man lost his right leg just below his knee from a staph infection in October. The infection started as a tiny cut from a sliver of glass on the bottom of his foot.
- Customer Service Friday, January 2, 2009 @ 11:49AMWASHINGTON - U.S. federal regulators were working to sell off failed IndyMac Bank to a group of private investors as soon as Friday, after missing a self-imposed target of selling the lender by the end of last year.
- Device gives DUI suspects driving option Friday, January 2, 2009 @ 2:19AMSuspects lose their license, but often keep driving anyway. This device will allow them to drive and protect safety, police say.
- 2 big deals in banking sector are completed Friday, January 2, 2009 @ 2:18AMTwo mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared and job losses...
- Nominations are sought for 2009 Josetta Wilkins Awards Friday, January 2, 2009 @ 2:18AMOfficials with the Arkansas Department of Health and BreastCare are accepting nominations online at www.ARBreastCare.com for the annual Josetta Wilkins Awards now through Feb. 13. This is the first year that BreastCare has offered the option of online nominations.
- Letters to the Editor Friday, January 2, 2009 @ 2:18AMTorontonians need to be infused with a sense of being a shareholder in our quest to end the problems affecting our fair city. Reforms need to focus on economic incentives and need incentives to act as a catalyst to propel economic growth.
- Anthony Castelli Cincinnati Attorney Updates Web Site with Free Articles for Injury Victims Friday, January 2, 2009 @ 2:17AM Anthony Castelli Cincinnati Attorney releases web site educating Injury victims about their rights and revealing Insurance company secrets. This site provides free educational materials to Ohio injury victims. (PRWeb Jan 2, 2009) Read the full story at http://www.prweb.com/releases/2009/01/prweb1778444.htm
- FEMA extends registration deadline for Ike damage claims Friday, January 2, 2009 @ 2:17AMArea residents who still have not made their claims from Hurricane Ike damage have a few more weeks to get in their paperwork.
- Local trio helps Owls makes history Friday, January 2, 2009 @ 2:17AMRice defensive tackle Todd Mohr stood on the Reliant Stadium grass, reveling in the Owls’ historic Texas Bowl victory.
- Cydcor Moving to Larger Headquarters in Westlake Village, Calif. Friday, January 2, 2009 @ 2:16AM Leading global provider of outsourced, face-to-face sales teams will move to a new 19,000 square foot space in the new year. (PRWeb Jan 2, 2009) Read the full story at http://www.prweb.com/releases/Cydcor/move/prweb1811074.htm
- Ten to Watch for London 2012 Thursday, January 1, 2009 @ 3:19PMGreat Britain enjoyed fantastic success in Beijing here are 10 prospects to keep watch of ahead of London 2012.
- Sunny Skies for 120th Tournament of Roses Parade Thursday, January 1, 2009 @ 3:17PM The 120th Tournament of Roses Parade showcases award-winning floats under sunny Pasadena skies...
- Spout Off Thursday, January 1, 2009 @ 3:17PMInsurance companies will look for any reason to raise rates. I have a small one bedroom cottage in Wildwood, and a year ago, the insurance company wrote to advise, they were not insuring along the coast anymore.
- 2 big bank acquisitions completed Thursday, January 1, 2009 @ 3:16PMATLANTA — Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared and job losses mounted.
- Irda likely to allow LIC to retain over 10% stake in companies Thursday, January 1, 2009 @ 3:15PMThe Insurance Regulatory and Development Authority (Irda) is likely to allow state-owned Life Insurance Corp of India to retain over 10 per cent stake in companies for now, a finance ministry official said on Thursday.
- General insurers shift focus to retail business Thursday, January 1, 2009 @ 3:14PMPrivate sector general insurance companies are once again going back to retail as they face severe pricing pressure and concentration of risk in the corporate business segment.
- Job street set to bloom again Thursday, January 1, 2009 @ 3:14PMThere is a good news for job seekers, with the companies planning to hire more than 2,50,000 new employees over the next months — making the new year a welcome change from the gloom of 2008 in the job market.
- The sectors that could spark a rally Wednesday, December 31, 2008 @ 8:46PMInvestors would like to forget 2008 – a year when the Sensitive Index shed more than half its value in 2008, its worst performance ever. But market experts say investors could look forward to some important changes in 2009. Here are some of them.
- More lenders cut interest rates Wednesday, December 31, 2008 @ 8:45PMJoining the rate cut bonanza , Bangalore- based public sector lender Canara Bank today reduced its benchmark prime lending rate (BPLR) by 75 basis points from 13.25 per cent to 12.50 per cent with effect from January 1, 2009. The new rates are also applicable to micro, small and medium enterprises, and housing sector borrowers, which are currently linked to BPLR, the bank said.
- D Swarup, Wednesday, December 31, 2008 @ 8:44PMOpening the pension fund business to private fund managers will be among the biggest reforms in 2009. Pension Fund Regulatory and Development Authority Chairman who is in the midst of finalising the blueprint for all citizens to plan their retirement, spoke to Sidhartha about what lies ahead.
- Fannie Mae Seeks to Force Mortgage Buyback Wednesday, December 31, 2008 @ 8:43PMFannie Mae is in talks with the Federal Deposit Insurance Corporation and IndyMac to force it to buy back certain mortgages.
- With Gaza Conflict, Cyberattacks Come Too Wednesday, December 31, 2008 @ 8:41PMPro-Palestinian hackers have defaced thousands of sites following attacks in Gaza.
- Medical community seeks answers to health care woes Wednesday, December 31, 2008 @ 8:40PMWith 47 million Americans living without health insurance, medical costs spiraling ever higher and the economy sliding into recession, one might think it would take some audacity to tackle all the country’s health care problems at once.
- Chamber asks members to participate in countywide damage assessment project Wednesday, December 31, 2008 @ 8:40PMThe Greater Tomball Area Chamber of Commerce is calling on its business members to help a Harris County task force complete a preliminary damage assessment of destruction caused by Hurricane Ike in September to request federal funding for economic development countywide.
- San Joaquin County To Issue Medical Pot IDs Wednesday, December 31, 2008 @ 8:38PMMedical marijuana users in San Joaquin County will soon be able to apply for identification cards.
- Funds for unfinished projects transferred Wednesday, December 31, 2008 @ 8:38PMA resolution transferring approximately $76,825 in uncompleted projects from this year to the 2009 budget was approved Tuesday by the Watertown Common Council.
- Isle of Wight: Power cuts compensation call Monday, December 29, 2008 @ 4:00AMBy Emily Pearce - Monday, December 29, 2008 THOUSANDS of Islanders were left without electricity after two recent power cuts, but very few of them will try to claim any compensation.
- Prime Companies Announces Launch of New Dental Web Site Monday, December 29, 2008 @ 4:00AM Top Directory on Internet -
- We are not willing to pay the price for top slot: Max NY Monday, December 29, 2008 @ 3:56AMPrivate life insurance company Max New York Life Insurance is of the opinion that there is a price to pay to become the No. 1 players in the country. However, it is not willing to pay it and would rather be content with the fifth or sixth slot.
- Idea #6: Phase out Fishermen (in News) Monday, December 29, 2008 @ 3:54AM Rashid Sumaila wants governments to cut subsidies and retrain anglers.
- GLOBAL MARKETS-Oil, gold surge as violence in Gaza flares Monday, December 29, 2008 @ 3:52AM Source: Reuters * Gaza fighting pushes oil up $2 a barrel * Gold gains 1.7 percent * European shares lifted by energy stocks By Jeremy Gaunt, European Investment Correspondent LONDON, Dec 29 (Reuters) - ...
- 1Reduce your spending by up to Monday, December 29, 2008 @ 3:51AMCHICAGO -- Exercise more, stop smoking, lose weight -- all are excellent ideas for 2009 for those who need to prod themselves in those areas.
- Asian Stocks Advance on Merger Speculation, Commodity Prices Monday, December 29, 2008 @ 3:51AMDec. 29 (Bloomberg) -- Asian stocks climbed as merger talks boosted insurers and commodity producers advanced amid rising raw materials prices, paring the worst annual losses on record for the region’s benchmark index.
- Cohen emphasizes ‘common ground, common sense’ Monday, December 29, 2008 @ 3:51AMState Rep. Ellen Cohen told about 100 “political junkies” who turned out for her town hall meeting Thursday that “focusing on common ground and common sense” would be what’s needed in the coming Legislative session.
- Mahua Acharya & Bishal Thapa: Reaffirming faith in carbon Sunday, December 28, 2008 @ 10:33AMAll is not quite gloom and doom in the financial world. Carbon markets have continued to post healthy gains through the year.