Mounting losses in the market are taking a toll on insurers' balance sheets and may soon hit clients' pocketbooks via higher premiums, said Charles Brindamour, chief executive of ING Canada Inc., on Wednesday. "When the investment potential drops, this ... [full story]

PricewaterhouseCoopers LLP (PwC) projects that President-elect Obama's proposed reform of the U.S. health system would cost the federal government $75 billion in 2009 dollars, the equivalent of $2,500 per newly insured person, according to a report released today entitled Healthcare ... [full story]

With all of the various channels for buying insurance these days, insurance agents have a lot of competition. Are insurance agents slowly being phased out by other methods of purchasing insurance? A new JD Power and Associates report sheds some ... [full story]

AARP on Friday said it would suspend marketing and sales of health insurance plans after Sen. Chuck Grassley (R-Iowa) last week said the plans are misleading and do not work in typical situations, CQ HealthBeat reports (CQ HealthBeat, 11/7). The ... [full story]

Teens who get less than eight hours of sleep per night on average are twice as likely to say they have fallen asleep at the wheel (20 percent) than are teens who report getting an average of eight or more ... [full story]

NEW YORK—Property/casualty insurers’ expense growth outpaced their premium growth in 2007, and this gap is expected to continue this year as net written premium growth remains relatively flat, Standard & Poor’s Corp. said in a special report. Because of soft market ... [full story]