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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]

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]

Are car voice controls as distracting as cellphone use?

by USATODAY.com - Apr 03,2012

If you think you're safer talking to your dashboard than into your phone, some say you should think again. Automakers are rapidly adding voice controls for phones, navigation and other dashboard tasks to reduce distraction, but safety experts disagree ... [full story]

U.S. shells out $62 million for highway, bridge disaster relief

by CNN.com - Apr 03,2012

WASHINGTON (CNN) -- Alaska and Wyoming are the biggest benefactors of Monday's announcement by the Department of Transportation that it intends to set aside nearly $62 million for states to cover repair costs for roads and bridges damaged by natural ... [full story]

After the Party, a Car That Takes Away Your Keys

by The Wall Street Journal - Apr 04,2012

Friends don't let friends drive drunk. In the future, your car could be that friend. The technology exists to have a car refuse to start when it senses the driver has been drinking. But as Joseph White reports on ... [full story]

Senior drivers worry about giving up the car keys

by USATODAY.com - Apr 04,2012

Almost half the nation's older drivers worry about losing their freedom and mobility when it's time to give up driving, according to a new survey by auto club AAA. Eighty-eight percent of drivers 65 and older said the inability ... [full story]

Administration Concedes Courts’ Review Power

by The New York Times - Apr 06,2012

WASHINGTON — The Obama administration stipulated the incontestable to a disgruntled federal court on Thursday, formally declaring that “the power of the courts to review the constitutionality of legislation is beyond dispute.” Attorney General Eric H. Holder Jr., bowing ... [full story]

No-Fault Reform Could Lower Car Insurer Loss Ratios

by Insurance Networking News - Apr 06,2012

Emerging reform of no-fault car insurance policies will likely lower loss ratios in certain states, according to Fitch Ratings. The rating agency found that the loss ratio was 75 percent in no-fault states in 2009 and 2010 compared to 63 ... [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]

Priorities for P&C Insurers: Customers, Agents and Core Systems

by Insurance Networking News - Apr 10,2012

Customer retention is the top priority among property/casualty insurers this year, according to a new study. A Gartner survey of IT leaders in North America reported that 81 percent felt that customer retention is extremely important to them with customer ... [full story]

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