Pay-as-you-drive automobile insurance, a concept permitting motorists to buy coverage on a per-mile basis, is attracting attention as one answer to soaring gasoline prices and increasing traffic gridlock. With pay-as-you-drive, insurance factors such as driving history, vehicle type and geographic ... [full story]

Premier Su Tseng-chang made it clear yesterday that national health insurance (NHI) premiums will not be hiked in the near future. He cited the media reports for a premium raise as "completely wrong." The premier made the statement at the weekly ... [full story]

Second-quarter profits at Manulife Financial Corp. (TSX:MFC) edged toward the $1 billion mark as net earnings climbed 14 per cent, the insurance giant reported Thursday. The financial services company attributed its record performance in part to strong life-insurance sales in the ... [full story]

PowerTrack, the on-demand payment network from U.S. Bank, has been named one of this year's top 100 innovators by Supply & Demand Chain Executive magazine. The annual listing recognizes cutting edge supply chain solution providers, consultants and other organizations that ... [full story]

Blue Cross and Blue Shield of Kansas (BCBSKS) has selected Verint’s ULTRA solution to enhance the customer experience it provides through its two contact centers. The health insurance provider has deployed Verint’s ULTRA solution at its customer service contact centers in ... [full story]

Homeowners all across the United States are doing double takes as they look at their annual insurance policy renewal statements. A spate of natural disasters, accompanying insurance claims and subsequent premium increases has pushed some homeowners to the breaking point. Out ... [full story]

Wal-Mart's quest for an industrial loan company charter -- a source of tremendous angst in the banking world -- has for the moment been put in abeyance by federal regulators, allowing us time to ponder these two questions: Why is Wal-Mart ... [full story]

EARNINGS ROUNDUP Life insurance and investment giant Prudential Financial Inc. reported second-quarter profit fell 43 percent from a year ago, as income fell at its insurance division. Financial services profit was $424 million, or 89 cents a share, compared with $754 million, ... [full story]