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February 26, 2009

RSA Insurance to Cut 1,200 British Jobs; Shares Jump (Update4) (Bloomberg)

Filed under: Insurance Information, Insurance Reform, Life Insurance — Admin @ 7:30 pm

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Feb. 26 (Bloomberg) — RSA Insurance Group Plc , the U.K.s second-largest non-life insurer, plans to cut 1,200 jobs from its British workforce by the middle of next year. The shares rose the most in 12 years.


European stocks higher on banks insurance scheme (AP via Yahoo! News)

European markets rose Thursday as investors welcomed a British program to allow struggling banks to access government insurance against future losses on toxic assets.

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FDIC: ‘Stress test’ will determine banks’ health

Filed under: Insurance Information, Insurance Reform, Life Insurance — Admin @ 7:20 pm

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WASHINGTON (AP) — The head of the Federal Deposit Insurance Corp. said Tuesday additional government steps to shore up the shaky financial system will hinge in part on a test to determine how the largest banks would fare in an even weaker economy….   RSS widgets and RSS feeds on Feedzilla.com

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February 25, 2009

Health Insurance Essential For Health And Well-being, Report Says (Science Daily)

Filed under: Insurance Information, Insurance Reform, Life Insurance — Admin @ 10:09 am

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The evidence shows more clearly than ever that having health insurance is essential for people’s health and well-being, according to a new report from the Institute of Medicine.

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Devastating Australian wildfires could flare again

Filed under: Insurance Information, Insurance Reform, Life Insurance — Admin @ 10:09 am

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Officials warned Tuesday the wildfires that devastated southern Australia this month could flare anew when high winds and hot temperatures sweep the region later this week. The death toll from the blazes rose to 210. Australia’s insurance council, meanwhile,…

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Insurance coverage for autism treatments sought

Patient advocates want the state to more quickly resolve parents’ complaints over payments for behavioral therapy.

Patient advocates called on state regulators Tuesday to force health insurers to cover certain autism treatments.
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