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July 2006
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Panel says offshore tax havens cost government

by - Aug 01,2006

WASHINGTON - IRS Commissioner Mark Everson told senators Tuesday that a trend toward a world economy helps wealthy taxpayers hide money in complicated transactions offshore, virtually invisible to tax agents. “We have real difficulties finding out what’s going on,” he said. ... [full story]

Progressive Expands Tampa Claims Training Facility and Curriculum to Support New Concierge Level of Claims Service; Expanded Skill Set Needed as Company Rolls Out Unique Claims Service Countrywide

by The Auto Channel - Aug 01,2006

TAMPA, Fla.--Aug. 1, 2006--In 2000, The Progressive Group of Insurance Companies opened its first Service Center offering a "concierge" level of claims service designed to create a more positive and efficient experience for everyone involved in an auto insurance claim ... [full story]

Seniors Conflicted Over Medicare Benefit

by - Aug 01,2006

The less medicine they take, the less likely the elderly were to enroll in a new Medicare drug plan, a signal that many senior citizens still don't view the program as insurance in case their health deteriorates. Researchers say the ... [full story]

Florida eyeing state-run commercial insurance pool

by Reuters - Aug 01,2006

TALLAHASSEE, Florida, Aug 1 (Reuters) - Florida insurance officials on Tuesday received approval to explore setting up another state-run insurance pool to protect coastal businesses facing skyrocketing insurance rates or no coverage at all. Rocked by devastating hurricane seasons, Florida businesses ... [full story]

AIG VALIC Selected as Exclusive 457(b) Provider and Common-Remitter by San Diego City Schools

by Business Wire - Aug 01,2006

HOUSTON--(BUSINESS WIRE)--Aug. 1, 2006--AIG VALIC, a leading national provider of retirement plan services to for-profit and not-for-profit education, healthcare and government organizations, today announced that it has been selected by San Diego City Schools (SDCS) as its exclusive 457(b) retirement ... [full story]

BB&T closes on $142M Tennessee bank buy

by Triangle Business Journal - Aug 01,2006

BB&T on Tuesday completed its acquisition of a privately held Tennessee bank for $142.6 million. With the its purchase of First Citizens Bancorp of Cleveland, Tenn., BB&T takes over 16 banking centers in Tennessee, two in North Carolina and one ... [full story]

Health Insurance Beyond Reach of Many U.S. Minorities

by - Aug 01,2006

TUESDAY, Aug. 1 (HealthDay News) -- Hispanic and black working-age adults are up to three times more likely to lack health insurance than their white counterparts. Minority groups are also more likely to lack access to health care, forego needed care, ... [full story]

Smokers Can Afford Life Insurance

by The Evening Tribune - Aug 01,2006

(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around. Many people are overpaying for their life insurance ... [full story]

Last-minute legislation poorly serves Floridians

by South Florida Sun-Sentinel - Jul 31,2006

Around the state, insurance premiums are skyrocketing, and Floridians are unable to afford the huge cost of windstorm insurance. That is why the Legislature needed to act this year to lower insurance rates, create more competition, and increase the availability ... [full story]

Kerry calls for health insurance for all by 2012

by - Jul 31,2006

BOSTON - Sen. John Kerry on Monday proposed requiring all Americans to have health insurance by 2012, “with the federal government guaranteeing they have the means to afford it.”   The Massachusetts Democrat, whose name is figuring prominently in ... [full story]

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