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April 2012
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Obama's insurance requirement not the only health mandate

by AP Associated Press - Apr 01,2012

WASHINGTON (AP) – The individual insurance requirement that the Supreme Court is reviewing isn't the first federal mandate involving health care. There's a Medicare payroll tax on workers and employers, for example, and a requirement that hospitals provide free ... [full story]

Tax deadline day can be deadly on US roads

by AP Associated Press - Apr 11,2012

CHICAGO — The two certainties in life — death and taxes — may be more intertwined than Ben Franklin ever imagined: A study found that deadly auto accidents increase on Tax Day. Drivers recklessly racing to the post office ... [full story]

Supreme Court misunderstanding on health overhaul?

by AP Associated Press - Apr 10,2012

WASHINGTON (AP) — A possible misunderstanding about President Barack Obama's health care overhaul could cloud Supreme Court deliberations on its fate, leaving the impression that the law's insurance requirement is more onerous than it actually is. During the recent ... [full story]

Obamacare collapse would put employers in charge

by AP Associated Press - Apr 24,2012

WASHINGTON (AP) — If the Supreme Court strikes down President Barack Obama's health care overhaul, don't look to government for what comes next. Employers and insurance companies will take charge. They'll borrow some ideas from Obamacare, ditch others, and ... [full story]

Farmers ask House committee to keep crop insurance

by AP Associated Press - Apr 22,2012

DODGE CITY, Kan. (AP) -- In an area hit hard by drought last year, plains farmers echoed to three members of the House Agricultural Committee what many in the Farm Belt have relayed: Make sure the new farm bill has ... [full story]

Auto insurance fee rekindles Michigan law debate

by AP Associated Press - Apr 12,2012

LANSING, Mich. (AP) - An increase in the amount Michigan drivers will pay into a fund for accident victims with brain damage, paralysis and other catastrophic injuries is renewing a call by some lawmakers for more transparency in how the ... [full story]

Do Emissions Cause Tornadoes? Climate Service Would Know

by Bloomberg.com - Apr 22,2012

Last weekend, more than 100 tornadoes tore across the Plains states, smashing homes, tossing cars and killing six people. This might have counted as a rousing start to the spring tornado season, except for the dozen or more twisters ... [full story]

Valuation gaps could slow mergers, acquisitions in 2012

by BusinessInsurance.com - Apr 01,2012

NEW YORK—Slumping valuations for insurance companies may dampen merger and acquisition activity in 2012, according to a report released Thursday by PricewaterhouseCoopers L.L.P. The report, “Balancing uncertainty and opportunity: 2012 U.S. financial services M&A insights,” says valuation gaps have ... [full story]

Climate change case ruling favors insurer in coverage dispute

by BusinessInsurance.com - Apr 23,2012

RICHMOND, Va.—The Virginia Supreme Court last week affirmed its ruling that Steadfast Insurance Co. has no obligation to defend or indemnify Arlington, Va.-based AES Corp. in a climate change liability suit. Meanwhile, another closely followed climate change suit that ... [full story]

FSOC ruling a concern for property/casualty insurers

by BusinessInsurance.com - Apr 16,2012

WASHINGTON—Property/casualty insurers remain concerned about the Financial Stability Oversight Council's final rule on which nonbank financial institutions present a systemic risk to the U.S. economy and therefore are subject to heightened regulation. The rule, which was published in the ... [full story]

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