Warren Buffett said Wednesday that the U.S. economy has “no bounce” and will take time to recover, but there is no risk of deflation to push it further into despair. Speaking on CNBC television, the world’s second-richest person also praised …
Barry Miller figured he was saving $100 a month when he scaled back his disability insurance. After all, he was healthy. “It just looked like the policy was too expensive,” said Miller, who was paying for his own disability insurance …
California Insurance Commissioner Steve Poizner generally seems pleased the President Obama has proposed an Office of National Insurance without creating a federal regulator. “The administration’s plan avoids the trap of creating a federal insurance regulator, which I have consistently opposed,” …
President Barack Obama plans on Wednesday to unveil his proposal to overhaul U.S. financial regulatory system. Here are the main provisions as outlined by administration officials and as detailed in a document obtained by Reuters. ELIMINATE THRIFT CHARTER, CREATE NATIONAL …
President Barack Obama will unveil on Wednesday his plans for reshaping U.S. financial regulation, with proposals to close one bank regulator and create new overseers for big-picture economic risk and consumer financial product safety. In a package of reforms that …
President Barack Obama warned doctors Monday the U.S. healthcare system was a ticking time bomb and urged them to support his overhaul, which includes a public insurance plan that many of them view with skepticism. Obama took his healthcare campaign …
Arkansas Gov. Mike Beebe has announced that President Obama granted his request for a federal major disaster declaration to help Arkansas counties recovering from flooding rains and storms in May. The federal declaration covers all 37 counties requested by Gov. …
With Republicans fighting the idea of a government-run health insurance plan, Obama administration officials said that they are open to a compromise: a cooperative program that would expand coverage with taxpayer money but without direct governmental control. Congress began work …
President Barack Obama Monday warned doctors the U.S. healthcare system was a ticking time bomb and urged them to support his overhaul plan, which includes a public insurance program that many of them view with skepticism. Obama took his healthcare …
Philadelphia-Based Insurance Attorney Finds Rulings to be ‘Very Insurer-Friendly’ The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent Supreme Court nominee— federal appeals Judge Sonia Sotomayor — brings a long record of decisions favoring …
