The Senate health committee Wednesday approved its version of legislation to overhaul the U.S. health industry, which is to be combined with a bill yet to be written in the Senate Finance Committee. The Democratic-controlled health panel’s bill, approved on …
North Carolina is ordering auto insurers to roll back their rates to 2006 levels and send up to $50 million in refunds to about 1 million policyholders in a settlement announced today by Insurance Commissioner Wayne Goodwin. The settlement does …
Democrats in the Michigan House are pushing a dozen bills they say are needed to protect consumers from unfair claims practices by insurance companies. But insurers maintain the measures are unnecessary and will do more harm than good. The House …
U.S. small businesses, already facing the toughest credit conditions since the 1980s, may soon find things are about to get tougher. Concerns over the future of CIT Corp. — a major lender to small businesses — which provides capital in …
More insurance agents may be able to obtain capital for growth, expansion and acquisition, thanks to a new program from Indianapolis-based Oak Street Funding. The new Gold Program promises reduced interest rates and fees for qualified customers. Oak Street said …
A North Carolina House committee seeking a fix for an underfunded coastal insurance program has backed cutting the current coverage maximum of $1.5 million per home by half. The House Finance Committee rejected a bid to retain the current limit …
California’s State Compensation Insurance Fund has published its 2008 annual report. Among the workers’ compensation insurer’s successes the group said it accomplished in 2008 were establishing a solid leadership team, making significant progress in responding to the California Department of …
A Hawaii judge has blocked Gov. Linda Lingle from forcing thousands of public employees to take three unpaid days off per month, dealing her a setback in efforts to tame a huge state budget gap. Unions opposed to the furloughs …
Leaders of the world’s richest nations and major developing powers meet on Thursday to seek common ground on global warming and international trade, with the poorer countries seeking concessions. U.S. President Barack Obama will chair the climate discussions, but hopes …
El Nino weather anomaly has developed and it may not be as strong as the killer which struck more than a decade ago, the U.S. Climate Prediction Center said Thursday. The CPC, an office under the National Oceanic Atmospheric Administration, …
