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October 13, 2010
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Prudential named a 2010 Working Mother 100 Best Company

by Business Wire - Oct 13,2010

NEWARK, N.J.--(BUSINESS WIRE)-- For the 21st year, Prudential Financial, Inc. (NYSE:PRU - News) has been named one of Working Mother magazine’s 100 Best Companies. With 70 percent of mothers working—and women outnumbering men in the workplace for the first time ... [full story]

WellPoint, Aetna led U.S. insurers in coverage denial

by IndyStar.com - Oct 13,2010

WellPoint Inc., Aetna Inc., Humana Inc. and UnitedHealth Group Inc. denied health coverage to 49 percent more people over the past two years, citing pregnancy or plans for adoption among their reasons, according to a U.S. study reported by Bloomberg ... [full story]

Fed Drains $260 Million From Banking System With Reverse Repos

by Bloomberg.com - Oct 13,2010

The Federal Reserve drained $260 million in temporary reserves from the banking system by arranging five-day tri-party reverse repurchase agreements with money-market funds for the first time. Settlement is tomorrow. In a reverse repo, the central bank sells securities ... [full story]

Anthem Blue Cross, Auto Insurers Add Another $875,000 to Stealth Campaign Aimed at Influencing Insurance Commissioner Race

by PR Newswire - Oct 13,2010

SANTA MONICA, Calif./PRNewswire-USNewswire/ -- For the second time in two weeks, insurance industry giants have made major contributions to a political action committee campaigning to defeat insurance commissioner candidate Dave Jones and elect Mike Villines, according to new reports filed ... [full story]

Mass. bikers to receive windfall from insurance companies

by Boston.com - Oct 13,2010

Tens of thousands of Massachusetts motorcycle owners will receive a total of $12.1 million after they were allegedly overcharged by their auto insurance companies, the attorney general's office said. The office said it reached settlements with five auto insurance ... [full story]

After high awards, arbitration avoided

by Timesleader.com - Oct 13,2010

Insurance companies sued the Pa. insurance agency and won the right to remove the mandatory arbitration provision. Amy Savakinas was stopped at a Kingston intersection when a car driven by a drunken driver slammed into her driver’s side door ... [full story]

Condo groups to see Citizens rate increase

by MiamiHerald.com - Oct 13,2010

Some condominium associations, commercial buildings, rental properties and other buildings insured by state-run Citizens Property Insurance will experience a rate increase early next year. The Office of Insurance Regulation approved increases Monday for these buildings, including some rate hikes ... [full story]

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