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NEW INSIDER
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Health care reform bill set for House
vote...The
final health care reform legislation to be voted on by the House of
Representatives this weekend dramatically scales back an excise tax
on the most costly group health insurance plans and eases other new
taxes on health care plans, as employers had sought.
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ACE estimates natural catastrophe losses at $125M,,,ACE
Ltd. said Thursday that its preliminary estimated losses from recent
natural catastrophes total approximately $125 million, including
reinstatement premiums.
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GALLUP: Obama's Approval Rating Lowest
Yet, Congress Nears All-time Low...
President Barack Obama's job
approval is the worst of his presidency to date, with 46% of
Americans approving and 48% disapproving of the job he is doing as
president in the latest Gallup Daily three-day average.
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Florida's
Citizens to offer $2 billion in bonds to brace for hurricanes...
With hurricane season approaching, Florida's Citizens Property
Insurance Corp. plans to sell $2 billion in tax-exempt bonds to add
to ...
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Florida lawmaker wants investigation
of
insurance companies...Chief
Financial Officer Alex Sink is asking Florida Insurance Commissioner
Kevin McCarty to appear before the Cabinet on Tuesday. But still
Hays voted for a ...
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Oppose health bill, Charlie Crist urges
Kendrick Meek...meeting
together on Tuesday (and sent out a picture of the two of them
sitting nearly side-by-side) -- said Crist's insurance plan, Cover
Florida, ...
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Toyota faces racketeering claims in
consumer suits...Lawyers
seeking civil damages against Toyota Motor Corp. on behalf of U.S.
consumers for diminished resale value of recalled vehicles are
broadening their cases to add racketeering claims against the
automaker.
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Quake
insurance jumps 200%...State
Farm, the state's largest earthquake insurance provider, said it
has no immediate plans to raise its rates. Homeowners across the
state spent about ...
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The Most (and Least) Expensive Vehicles
to Insure...The
insurance data firm Quadrant Information Services calculated the
average premiums for Insure.com by averaging car insurance rates
from six large ...
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Should
Florida scale back home
insurance regulation?...Sink
has asked McCarty to provide details to the Cabinet next week about
Florida's property insurance market in light of reports that many
lost money in 2009. Meanwhile, Rep. Alan Hays, R-Umatilla, called
for a broad investigation of ...
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Marsh Inc. unit buys Rutherfoord agency...Thomas
Rutherfoord Inc., a Roanoke-based insurance agency with an office in
Virginia Beach, has been acquired by the Marsh & McLennan Agency ...
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FEMA: Drowning in Debt and Cluelessness...As
BNET Finance previously noted, the Alabama Press-Register's
investigation of FEMA found that private insurers, who send out
adjustors to assess ...
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Commercial
Insurance Prices Remain Flat for Fourth Consecutive Quarter
...A
competitive market landscape has perpetuated flat commercial
insurance prices during the fourth quarter of 2009, ...
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South Carolina
High Court Nixes $18 Million Award in Ford Crash...South
Carolina's highest court has overturned an $18 million verdict
against Ford Motor Co. in a fatal crash, ruling that one expert ...
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Tennessee Insurance
Committee Balks At 10% Rate Hike Offer...Pam
Gaut, account executive for BlueCross BlueShield of Tennessee Inc.,
offered the committee a renewal rate with a 10 percent increase. ...
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Chinese Drywall: Who's on the Hook?...suing
the Scottsdale Insurance Company, who provided liability coverage
for Taylor Woodrow's drywall sub, NuWay Drywall, LLC, on homes built
in Florida. ...
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Rating agency downgrades Hartford's financial
outlook...Standard
& Poor’s Corp. on Wednesday revised its outlook of Hartford
Financial Services Group Inc. and its subsidiaries to negative
from stable following the insurer’s announcement that it is
conducting a $3.0
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Florida CFO Sink's Staged Accident Sweep Nets
5th Suspect in Miami Ring...Alex Sink today announced
the arrest of Angel Sotolongo Sierra, 28, the fifth individual
arrested for participation in a staged auto accident ring in
Miami. Sierra is charged with seven felonies and faces up to 105
years in prison. Since July 2009, CFO Sink’s investigators have
arrested 260 people for PIP fraud, culminating in 156
convictions.
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Tennessee
Couple Wins $19.2 Million in Malpractice Suit...A
woman who sued after surgery for a broken leg left her partially
paralyzed has been awarded $19.2 million by a federal court jury in
Chattanooga that also ...
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Handel's star rising in Georgia
governor's race...Former
Secretary of State Karen Handel continues to rise in the polls while
front runner John Oxendine continues to lose ground, ...
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Two Georgia Gov Candidates Were
Accused Of Inappropriate Behavior With Female
...
The frontrunners in the race are GOPer John Oxendine, who is the
state's insurance commissioner, and Democrat Roy Barnes, a former
governor.
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Bank of America Sues First American on
'Lien Protection' Claims...Lenders
such as Charlotte, North Carolina-based Bank of America bought “lien
protection” plans as a faster, cheaper approach for home-equity
loans than full ...
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Ex-employee accused of remotely
disabling 100 cars...It
would mean that premiums would go up more for dangerous drivers,
while people that make valid "no fault" claims don't see their
premiums getting jacked ...
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Health Bill 'Expands IRS Power'...Subcommittee
on Oversight ranking member Charles Boustany (R-La.) said the IRS
provision in the bill "dangerously expands, in an ominous way the
tentacles of the IRS and it's reach into every American family," he
said today during a press conference.
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VIDEO:
Dem Congressman: 'If You Don't Tie Our Hands, We
Will Keep Stealing'...Rep.
Tom Perriello (D-VA) said, "if you don't tie our hands, we will keep
stealing."
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GALLUP: Obama's Approval Rating Lowest
Yet, Congress Nears All-time Low...
President Barack Obama's job
approval is the worst of his presidency to date, with 46% of
Americans approving and 48% disapproving of the job he is doing as
president in the latest Gallup Daily three-day average.
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IT'S STARTING: REGIONAL WALGREENS SAYS
'NO NEW MEDICAID'...
Walgreens drugstores across the
state won't take any new Medicaid patients, saying that filling
their prescriptions is a money-losing proposition — the latest
development in an ongoing dispute over Medicaid reimbursement.
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MSNBC, CNN beaten by Cartoon Network
in ratings game... In
total Viewers, Fox News was the #2 ranked cable network last
week in primetime, averaging 233,000 viewers behind USA. MSNBC
was #26, CNN was #32, and HLN was #37. In total day, FNC was #4,
CNN was #29, MSNBC was #33, and HLN was #35. You can see the
full rankings for the top 30 below.
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Jesse James Speaks Out, Apologizes to
Sandra Bullock..."There
is only one person to blame for this whole situation, and that is
me. It's because of my poor judgment that I deserve everything bad
that is coming my way.
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Man Accused of Urinating on Women in Jersey
City...
Police in Jersey City have arrested an
ex-con they say has been urinating on women at a bus stop in Journal
Square, a source said Wednesday.
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Joe "Gaff Machine" Biden mistakenly blesses Irish
leader's mother -- who is still alive!
..."God rest her soul," Biden said
Wednesday night as he introduced
Cowen and
President Barack Obama. He quickly caught himself and noted that
it's
Cowen's
father who is no longer living. Of the prime minister's mother,
Biden said, "God bless her soul."
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