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House Health Care Vote Today in Front of Raucous Rallies Outside the Capitol

by AP Associated Press - Mar 21,2010

WASHINGTON (Health Insurance News) --" House Democrats heard it all Saturday ��" words of inspiration from President Barack Obama and raucous chants of protests from demonstrators. And at times it was flat-out ugly, including some racial epithets aimed at black ... [full story]

Bank reform talks fail, Dodd to go solo

by Reuters - Mar 19,2010

WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices. Senate Banking Committee Chairman Christopher Dodd warned that time was ... [full story]

Small business disaster prep includes insurance

by AP Associated Press - Mar 19,2010

NEW YORK — Small business owners are getting some reminders this month that the forces of nature can threaten a company's survival. And that they need to be sure their businesses are well protected against a variety of disasters. A storm ... [full story]

Commercial rates flat in 4Q of 2009

by BusinessInsurance.com - Mar 19,2010

Commercial insurance pricing remained flat during the fourth quarter of 2009 after nearly five years of decreases, according to findings from Towers Watson’s recent commercial lines insurance pricing survey. The latest data suggests that the soft market has stabilized, ... [full story]

Some states take tougher measures against distracted driving

by Forbes.com - Mar 19,2010

The auto industry is focusing on safety now more than ever. A distracted-driving summit sponsored by the Department of Transportation last September convened 300 safety experts, law enforcement and congressional reps--and led to a federal ban on texting by commercial ... [full story]

Wachovia to Pay $160 Million to End Money Laundering Probe

by Bloomberg.com - Mar 18,2010

Wells Fargo & Co.’s Wachovia Bank agreed to pay $160 million to resolve a criminal investigation of how drug cartels used the bank to launder money through Mexican exchange houses. The government agreed to defer prosecution on a criminal ... [full story]

Catastrophes, disasters cost insurers $26B in 2009

by BusinessInsurance.com - Mar 18,2010

Natural catastrophes and man-made disasters cost insurers $26 billion worldwide in 2009, Swiss Reinsurance Co. Ltd. said Tuesday in a sigma study. Natural catastrophes cost insurers $22 billion last year, man-made disasters cost insurers $4 billion and, combined, claimed ... [full story]

AIA Says Recommendation to Abolish Louisiana Citizens Property Insurance Corporation is Misguided

by AIA - Mar 18,2010

The American Insurance Association (AIA) today, stated that efforts to abolish Louisiana Citizens Property Insurance Corporation (Citizens) are misguided.  Dissolving Citizens, a state-run non-profit organization that serves as Louisiana’s property insurer of last resort and as its windstorm insurance residual ... [full story]

   

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