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December 2010
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AXA Buys 80% Of Belarus's B&B Insurance

by The Wall Street Journal - Dec 30,2010

PARIS (Dow Jones)--AXA SA (CS.FR) Thursday said it will buy 80% of Belarus's second-largest insurer B&B Insurance, as the French insurer seeks to expand in Central and Eastern Europe. AXA said the Belarusian insurance market offers a very significant ... [full story]

State could tap bank insurance fund

by IndyStar.com - Dec 30,2010

Indianapolis Gov. Mitch Daniels and Indiana lawmakers are eyeing an obscure bank insurance fund as a possible revenue source to close an expected state budget shortfall of about $1 billion. Indiana's public deposit ... [full story]

Health care plan for immigrants given a lifeline

by Boston.com - Dec 30,2010

Despite administration warnings that a health coverage program that serves about 22,000 legal immigrants would run out of money by the end of December, Governor Deval Patrick now says funding exists to keep the program alive through January. Over ... [full story]

Auto Insurance – Mercury Insurance Announces New Reduced Rates And Discounts

by Insurance Headlines - Dec 22,2010

Mercury Insurance, a top rated California automobile insurer, recently announced a planned $72 million premium lowering that could see at least 10% of California drivers qualify. Along with this price slash is other programs ... [full story]

Obama wants health insurers to defend large hikes

by San Francisco Chronicle - Dec 22,2010

(Health Insurance News) - Health insurance companies that increase premiums by more than 10 percent would be required to justify those higher rates publicly, according to new rules proposed Tuesday by the Obama administration. Under the proposal, premium increases ... [full story]

What will it cost to protect your pup this Christmas?

by Insurance Headlines - Dec 22,2010

U.K., Dec. 22, 2010 - If you’re giving a pet to your child this Christmas, remember that your home is a minefield for puppies, ­rabbits and kittens. Rich food, toys and wires are all waiting to be nibbled. An estimated ... [full story]

Florida Bank Losses Reached 2 Billion

by MiamiHerald.com - Dec 22,2010

The Federal Deposit Insurance Corp. surpassed $2 billion in losses in Florida for 2010, with last Friday's regulatory seizure of the Bank of Miami, according to a new Condo Vultures ``White Paper." Before ... [full story]

New Regulations: Health Insurers Will Be Required To Justify Large Rate Increases

by Insurance Headlines - Dec 22,2010

New, proposed regulations - which result from the health overhaul - were issued yesterday by the Department of Health and Human Services and would require health insurers to justify  proposed double-digit premium increases.  In ... [full story]

Everett Businesses and Homeowners Need to Shovel

by Insurance Headlines - Dec 22,2010

Monday’s snowfall was a precursor of much more snow to come during this winter which has just begun. Everett property owners must beware. A state Supreme Court ruling in July regarding slip and fall liability for businesses and ... [full story]

Citigroup Opens Bank of the Future, Flat Screens and All

by The New York Times - Dec 16,2010

Brad Dinsmore, Citigroup’s head of retail banking in North America, stepped atop a makeshift dais on Thursday and surveyed the throng of bank staffers and junior executives gathered around him. “What do you think?” he asked, smiling broadly. “It’s ... [full story]

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