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August 31, 2009
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As Big Banks Repay Bailout Money, U.S. Sees a Profit

by The New York Times - Aug 31,2009

Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid that many critics thought might never be seen again. The profits, collected from eight of ... [full story]

KLC to put up 'fire wall' between insurance and other operations

by Kentucky.com - Aug 31,2009

The Kentucky League of Cities has agreed to stop offering sports tickets and other perks worth more than $25 to local officials to avoid breaking the law that forbids inducements for prospective insurance customers. The new policy is part of the ... [full story]

Texting-while-driving ban signed by NY Gov. Paterson

by The Ithaca Journal - Aug 31,2009

ALBANY -- Beginning Nov. 1, texting while driving and the use of other portable electronic devices while behind the wheel will be illegal. Gov. David Paterson announced Thursday that he signed legislation to ban text-messaging while driving, a practice that has ... [full story]

Insurers May Reap $375 Million From ‘Clunkers’ Plan

by Bloomberg.com - Aug 31,2009

(Bloomberg) -- Progressive Corp. and Berkshire Hathaway Inc.’s Geico Corp. are among insurers that may benefit from the U.S. “cash for clunkers” program as drivers pay higher premiums to protect new cars. The government’s vehicle trade-in initiative could yield as ... [full story]

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