Senate Health Bill to See First Test With Procedural Vote: U.S. Senators will cast their first vote on the chamber's health care plan Nov. 21, on a procedural matter that may determine if the legislation will move ... Date: 11/20/2009 Source: BestWire
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Health Net Latest Target of Data-Breach Probe by Conn. Attorney General: Health Net is the latest target of a data breach investigation by Connecticut's attorney general, who says the health insurer lost the health, personal and ... Date: 11/20/2009 Source: BestWire
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BestWeek: State Legislators Try to Fend Off Federal Regulatory Effort: The members of the National Conference of Insurance Legislators have been drawing a line in the sand, trying to mark what they contend is appropriate ... Date: 11/20/2009 Source: BestWire
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Ironshore Continues Expansion, Enters Canada, Aviation Markets: Specialty insurer Ironshore Inc. has announced two more expansion efforts as it continues to diversify its global business profile and product ... Date: 11/19/2009 Source: BestWire
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House Committee Votes to Shift Oversight of Insurer-Owned Thrifts: The U.S. House Financial Services Committee approved an amendment to transfer authority over insurance companies that own thrifts from the Office of Thrift ... Date: 11/19/2009 Source: BestWire
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Marine Insurers to Face Rising Tide of Pirates, Theft and Trade Restraint: Piracy, cargo theft and protectionist trade practices are on the short list of the most significant issues, other than the global economy, set to affect the ... Date: 11/19/2009 Source: BestWire
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CBO: Senate Health Plan to Cost $848 Billion, Shave Deficit by $130 Billion: U.S. Senate Democrats announced health care legislation that would cost $848 billion over 10 years and reduce the federal budget deficit by $130 billion over ... Date: 11/19/2009 Source: BestWire
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Aetna Cutting About 625 Jobs; More Cuts to Come Next Year: Aetna Inc. is cutting about 625 jobs companywide and plans a similar amount of work force reductions next year as it continues to shed health plan enrollment ... Date: 11/19/2009 Source: BestWire
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Insurers Pay Claims for Snowstorms in North China's Shanxi Province: The Shanxi bureau of the China Insurance Regulatory Commission said that as of Nov. 16, domestic insurers have filed 14,683 claims related to snowstorms that ... Date: 11/19/2009 Source: BestWire
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Industry: Keep Systemic Risk Laws Away From Insurance Companies: Including oversight of insurance companies in systemic risk legislation fundamentally conflicts with the model of insurance regulation in the United States, a ... Date: 11/18/2009 Source: BestWire
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Timmons to Retire as President, CEO of Canal Insurance: Canal Insurance Co. President and Chief Executive Officer Charles M. Timmons Jr. said he is retiring from the company, started by his family in ... Date: 11/18/2009 Source: BestWire
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MetLife Teaming With 401(k) Provider Fidelity to Sell Variable Annuities: With variable annuities sales down industrywide, MetLife Inc. and 401(k) plan provider Fidelity Investments are partnering to sell these stock-market linked ... Date: 11/18/2009 Source: BestWire
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Ten State Attorneys General Side Against Health Insurers on Antitrust Issue: Ten state attorneys general have put their support behind a congressional effort to strip the federal antitrust exemption from health and medical liability ... Date: 11/18/2009 Source: BestWire
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Hong Kong Insurance Federation to Support Taxi Coverage Following May Liquidation: Following the provisional liquidation of Anglo Starlite Insurance Co. Ltd. in May 2009, the Hong Kong Federation of Insurers said the local insurance industry ... Date: 11/18/2009 Source: BestWire
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Allianz Life Recaptures Title as No. 1 Seller of Equity-Indexed Annuities in Third Quarter: Allianz Life Insurance Company of North America has recaptured its position as the No. 1 seller of equity- indexed annuities in the United States in the third ... Date: 11/17/2009 Source: BestWire
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California Insurance Agent Facing 100 Counts for Alleged $6.3 Million Pyramid Scheme: A California life insurance agent is facing 100 criminal counts for allegedly running a pyramid scheme that defrauded customers out of an estimated $6.3 ... Date: 11/17/2009 Source: BestWire
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TARP Watchdog Says AIG Bailout Too Generous to Company's Trading Partners: A government watchdog contends that federal officials missed out on an opportunity to save taxpayers billions of dollars in the rescue of American ... Date: 11/17/2009 Source: BestWire
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Pennsylvania Regulators Want Kingsway to Unwind Lincoln General Transaction: The Pennsylvania Department of Insurance said it will take legal action against Kingsway Financial Services Inc. because the insurance company's recent ... Date: 11/17/2009 Source: BestWire
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Singapore's Regulator: Asia's Growth Potential Barely Tapped: Rapid economic growth and good long-term fundamentals in Asian markets are fueling reinsurance revenue and positioning the region as a key element in balancing ... Date: 11/17/2009 Source: BestWire
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Regulator Urges Quick Insurer Response to Snowstorms in Northern China: The China Insurance Regulatory Commission has urged insurers to ramp up claims services in the wake of recent severe snowstorms affecting areas in north and ... Date: 11/17/2009 Source: BestWire
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