Monthly Archives: <span>April 2010</span>

Maine, Vermont Tops for Low Car Insurance

People who live in northern New England have some of the lowest car insurance rates in the country. A survey by Insure.com says the lowest rates are found in Maine, followed by Vermont. New Hampshire and Massachusetts also made the …

Minor Earthquake Reported in Southwest Virginia

There are no reports of damage from a minor earthquake that struck Southwest Virginia. The National Geological Survey’s Web site says the 2.5-magnitude temblor struck at 12:12 a.m. Tuesday. The epicenter was 8 miles northwest of Richlands and 7 miles …

Insurance Industry Urged to Explore Alternatives to Credit Scoring

With the use of credit scoring still under attack, the insurance industry would be wise to consider new ways to assess risk, according to an industry actuary. Roosevelt Mosley, a principal with Pinnacle Actuarial Resources Inc. said insurers will need …

Death Toll from Southwestern China Earthquake Now at 300

The death toll from an earthquake in the mountainous Tibetan plateau in southwestern China has reached about 300, with more than 8,000 injured, state television reported on Wednesday, quoting a government official.

How to Handle Firms ‘Too Big To Fail’ Divides Democrats, Republicans

U.S President Barack Obama will try to turn up the pressure for an overhaul of Wall Street regulations as he meets Wednesday with top Democratic and Republican lawmakers to discuss a sweeping package of reforms. Republicans are seizing on a …

West Virginia Mine Panel Seeks Greater Role in Massey Investigation

The West Virginia panel that writes mining safety rules wants to join state and federal inspectors underground as they work to figure out what caused last week’s explosion that killed 29 men. Typically, the state Board of Coal Mine Health …

Mississippi Jury Awards $19M to Women in Texaco Leaded Gas Suit

Attorneys for Texaco say they will appeal a $19 million verdict for five woman who alleged the oil company was responsible for their children born with disabilities and illnesses, including mental retardation. A Hinds County jury reached the verdict last …

AIG Aircraft Leasing Unit Raises $2 Billion with Sale of Jets

The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia’s Macquarie Group to raise a much-needed $2 billion in cash. International Lease Finance Corp. (ILFC), a top customer of Boeing and …

Georgia Joins Lawsuit Against Healthcare Overhaul

Georgia is joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Tuesday. Bill McCollum, who is seeking the Republican nomination to run for Florida governor, said …

Malpractice Concerns Lead to Unnecessary Health Tests, Study Says

Concerns about malpractice suits influence how often cardiologists order some potentially unnecessary tests — resulting in significant variations in healthcare use and spending across the United States, according to research reported in Circulation: Cardiovascular Quality and Outcomes, a journal of …