July 22, 2008
Massachusetts insurers and business owners have one question for Gov. Deval Patrick: Why us? Patrick is looking to tap insurers, businesses and hospitals to help close a looming $130 million budget hole in the state’s landmark 2006 health insurance law, …
July 22, 2008
Hundreds of thousands of tractor-trailer and bus drivers in the United States carry commercial driver’s licenses despite also qualifying for full federal disability payments, and some of those drivers have suffered seizures, heart attacks or unconscious spells, according to a …
July 22, 2008
Travelers recently launched a “first” in the insurance industry with its premium discount of up to 10 percent for those owning electrically powered boats. Whether boaters are interested in a quieter boating experience, or if they are seeking environmentally friendly …
July 21, 2008
As losses mount at American banks and the pain of the credit crisis spreads from housing and finance to the broader economy, many small companies complain it is increasingly difficult to obtain loans. Tighter credit could not only help to …
July 18, 2008
Special interest groups trying to influence policy and legislation on Beacon Hill aren’t letting a poor economy slow them down, spending 13 percent more on lobbyists in the first six months of this year than the same period last year. …
July 18, 2008
The number of newly laid-off people signing up for jobless benefits in the U.S. rose last week as companies keep work forces lean given the economy’s slowdown. The Labor Department reported new applications filed for unemployment insurance increased by a …
July 17, 2008
President Bush’s highway safety chief is resigning after leading the administration’s efforts on auto safety and vehicle fuel economy standards for two years, officials said. Nicole Nason, the administrator of the National Highway Traffic Safety Administration, told Transportation Secretary Mary …
July 14, 2008
The financial condition of the property/casualty industry is strong; and, it should be able to withstand the current price deterioration, according to a new Property-Casualty Industry Forecast by Conning Research and Consulting. “The outlook for the next three years through …
July 10, 2008
In a big week for insurance lobbyists, a key House subcommittee advanced three major insurance regulatory measures. The U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises marked up bills creating a federal office of insurance …
July 10, 2008
World Trade Organization mediators in Geneva put the final touches to new negotiating texts on Thursday that will serve as the blueprint for an outline deal in the WTO’s long-running Doha round, trade officials said. The chairmen of talks in …