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Close House Vote on Healthcare Expected Tomorrow

Urged on by President Barack Obama, Democratic leaders in the House hustled Thursday to round up support for a sweeping healthcare overhaul headed to a close floor vote Saturday. The House drive for healthcare reform, Obama’s top domestic priority, was …

American Empire Surplus Unveils E&O Cover for Medicare Compliance

Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an errors and omissions liability insurance product for Medicare Statutory Compliance. This coverage is specifically tailored to address the new and emerging …

U.S. Senate Passes Tax Loss Credit for Business

U.S. companies of all sizes would get to apply losses in 2008 or 2009 to prior income over five years to receive tax refunds under a bill that passed the Senate by a unanimous vote Wednesday. The provision was added …

Fitch Receives Service Award from Central Oklahoma CPCU Chapter

The Central Oklahoma Chapter of the CPCU Society presented its Insurance Industry Service Award to Larry W. Fitch at the recent Insurance All Industry Day in Oklahoma City. Fitch currently is the general manager for the Oklahoma Property and Casualty …

British Study Raises Fresh Questions About Safety of Nanoparticles

Nanoparticles can damage the DNA of cells from a distance, even without crossing the cellular barriers that protect certain parts of the body, British researchers said on Thursday. The surprising discovery raises fresh questions about the safety of nanotechnology, which …

2 Insurance Execs Among the Most Powerful, Influential Women in Ohio

The 2009 Ohio Diversity and Leadership Conference announced recently that Gale King, executive vice president and chief human resources officer for Nationwide Insurance; and Kathy Mabe, president and chief operating officer of Titan Insurance and division president of specialty products …

AIG Posts $455 Million Q3 Net Income; Stabilization Continues

American International Group may be a shadow of its former self but for the second straight quarter it has posted a profit. AIG reported net income of $455 million. Third quarter 2009 adjusted net income was $1.9 billion, compared to …

Myers Named Senior VP for Carolinas by Key Risk

Workers’ compensation provider Key Risk has named Anne Myers as senior vice president, regional director for the Carolinas. She will report to Rob Standen, president of Key Risk. Myers will be responsible for the overall profitability and growth of her …

Military Insurer USAA Expands Reach by 35 Million to All Veterans

Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have honorably served in the U.S. Armed Forces anytime. More than 18 million U.S. military …

New York Insurers Say No-Fault Claims are Driving Up Costs

No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one industry group says, and the state and insurance companies need to redouble efforts to root out fraud, …

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