Economy News

How Economy Is Challenging Fire Protection Services

Insurers Must Keep Up With Communities’ Changes Since their inception in the days of Ben Franklin, our nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. Yet, the profound impact of the current and …

It Figures

$1 Million Amount raised last year by InsurPac, the political action committee of The Independent Insurance Agents & Brokers of America (the Big “I”). It’s the first time the fund – which pays to support federal office candidates who espouse …

65 Speed Limit

With the economy’s ill health continuing and their own personal health improving, America’s senior citizens are not retiring like they used to. In fact, more of them are working every day. Since the late 1980s, the labor force has seen …

Florida Agents Sound Alarm Over ‘Perilous’ Property Market

Insurance agents, a former insurance commissioner and a consumer advocate have sounded an alarm about the property insurance marketplace in Florida that has seen four insurers get into financial trouble in the past year. Citing the insurers’ financial woes as …

Economy Challenges Fire Protection

Since their inception in the days of Ben Franklin, the nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. But the current economic recession has added to existing financial strains on community resources and …

Report: Counties with Levees Are Among the Nation’s Most Economically Sound

Flooding Costs Are Outweighed by Regional Economic Benefits Hundreds of levees around the United States protect vulnerable areas and tens of millions of people from potentially devastating floods each year. Yet hardly anyone gives them a second thought until one …

Workers’ Comp Reform High on Oklahoma GOP Legislative Agenda

Reforming Oklahoma’s workers’ compensation system will be among the top legislative goals for Republican lawmakers in 2010. GOP leaders in the state Senate and House of Representatives say overhaul of the workers’ compensation system is essential to economic development. Republicans, …

Declarations

No Effective Legal Means “We had no effective legal means to step in and prevent default (at AIG) … without helping this firm meet all its legal obligations.” —U.S. Treasury Secretary Timothy Geithner told CNBC television that the bailout of …

European Union Maintains Current Carbon Emissions Offer

The European Union will stick to its current offer in U.N. talks to cut carbon emissions to one fifth below 1990 levels over the next decade, but will raise that if others follow suit, a draft EU letter showed. “The …

Pelosi Says Senate Healthcare Bill Can’t Pass in House

House Speaker Nancy Pelosi said Thursday she did not think the Senate’s version of healthcare reform had enough support to pass the House of Representatives without changes. “I don’t see the votes for it,” Pelosi told reporters, adding congressional leaders …