Archive for June, 2010
Authorization to Operate Life insurance
Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services, announced today that its subsidiary, Pan-American Life Insurance de Costa Rica, S.A. has received final approval from the Superintendencia General de Seguros (also known as SUGESE, Costa Rica’s Insurance Regulator) to operate in Costa Rica. The Group will be working closely with [...]
Full StoryRegulators Crack Down on Murky Life Insurance Plans
The life-insurance racket treated Steven M. Brasner well for the better part of the last ten years-so well, in fact, that Brasner and his wife named their yachts after their profitable business. The couple’s first, a 34-foot motor yacht, was entitled “Preferred Risk.” The 50-foot vessel that replaced it was christened “STOLI on the Docks.”
STOLI [...]
Auto insurance changes proposed
In the two years since auto insurance improvement went into result in Massachusetts, coverage seems to have become, on average, more reasonably priced.
But more changes must be completed if the system is to sufficiently dish up the state’s drivers, state Attorney General Martha Coakley says.
“Though we have seen many optimistic changes since the auto insurance [...]
Seek Online Health Insurance Before The Government Forces Healthcare Coverage On You
by Timothy Reuscher- It is now common knowledge that the changes slated by the government for the health care system of the United States aren’t truly as in favor of lower and middle class Americans as many had hoped. Though the measures taken by the government and lawmakers allow all people access to health care, [...]
Full StoryFifteen percent of Americans lack health insurance
The quantity of Americans without health insurance increased in 2009 from the previous year.
There were 46.3 million Americans of all ages that were uninsured last year, according to novel information from the Centers for Disease Control’s National Center for Health insurance Statistics. That figure accounted for 15.4 percent of Americans and noticeable an increase [...]
Seeing Threat to Individual Policies, State Officials Urge a Gradual Route to Change
The National Association of Insurance Commissioners, representing state officials, says the federal government should obtain steps to stop disturbance of the market.
Specifically, the group is drafting a recommendation that urges the federal government to permit a steady three-year evolution in states where the new obligation, which takes effect Jan. 1, could undermine the market.
Without a [...]
California’s Health Insurance Substitutes
One of the most significant provisions contained in the new federal healthcare reform legislation is the establishment of health insurance exchanges designed to provide consumers greater choice and affordability. The legislation mandates that each state launch such exchanges by January 1, 2014.
Now, a new white paper released by the nation’s leader in developing and administering [...]
Health Insurance American Samoa
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Health Insurance in Georgia
Tennessee and Georgia for dissimilar reasons will not join with the federal government to administer a provisional program to cover people with pre-existing health conditions.
At least 19 states have decided not to contribute in the high-risk Health Insurance in Georgia , according to the National Conference of State Legislatures.
In Georgia, Insurance Commissioner John Oxendine said [...]
Health insurance news from Carolina
The News & Observer of Raleigh reported that Blue Cross and Blue Shield of North Carolina, looking for ways to cut costs, has in progress a pilot project with Boston-based information technology company Keane to examine data from the insurer’s electronic storehouse. A plan by a North Carolina health insurance company to check outsourcing some [...]
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