Insurance News

Reuters CORRECT: UPDATE: Six More Life Insurers Subpoenaed By CuomoWall Street JournalFR) called MONY Life Insurance were also served, according to Cuomo spokesman Richard Bamberger. The attorney general disclosed subpoenas for the two …Cuomo widens insurer probe with 6 more subpoenasReutersLife insurance target of fraud inquiryCNNPrudential Insurance Sued Over Veterans' BenefitsBusinessWeekThe Associated Press -AllGov -Boston Globeall 460 [...]

Modesto Bee Kansas Sets Up Insurance Pool for Pre-Existing ConditionsHULIQThe state of Kansas is in the midst of implementing a great idea as far as offering temporary health insurance coverage for those who have pre-existing …New insurance pool set up for Kansans with pre-existing conditionsKansas City Star1-in-5 Californians without health insuranceSan Jose Mercury NewsHealth insurance [...]

RTT News Genworth Financial stock falls on Q2, cautious outlookReutersThe life and mortgage insurer maintained its cautious outlook for its US mortgage insurance business. "We believe it is prudent to take a more conservative …Genworth Earns $77m in Q210 as Mortgage Insurance Losses NarrowHousing WireGenworth Swings to ProfitWall Street JournalGenworth falls 12%, drags financials downMarketWatchMorningstar.com -PR-USA.net [...]

Centre Daily Times Proposition C will only encourage freeloadingKansas City StarIt keeps pushing this crazy idea that people should have health insurance. Last year the member hospitals went so far as to volunteer to pay the state …Mo. ballot measures tests federal health care lawThe Associated PressGUEST COLUMN: Health care reform ultimately helps MissouriansColumbia MissourianMissourians [...]

Town Hall PMI Plunges, Leading Drop in Mortgage-Insurance Shares, After Posting LossBloomberg… to defaults on guaranteed loans was 1.08 in May, compared with 0.6 a year earlier, according to data from the Mortgage Insurance Companies of America.PMI 2Q Loss Narrows, Helped By US Mortgage-Insurance OpsWall Street JournalPMI Group posts 12th straight quarterly loss; shrs fallReutersThe [...]

Moneycontrol.com FDIC Insurance Now Set At $250000Fort Smith Times RecordOn many recent Friday nights, the Federal Deposit Insurance Corporation, or FDIC, has swooped in and closed multiple banks around the country. …US bank failures in 2010 surpass 100Washington PostMore US banks forecast to collapseSydney Morning HeraldFDIC shutters Crecent Bank; Renasant Bank takes overRome News TribuneDamego -NewsOK.com -Seattle [...]

Austin American-Statesman Small companies receive support in effort to provide health insuranceExaminer.com"It is tough and if I can't provide health insurance, my employees will leave," said Rodriguez. But Rodriguez might be getting some help. …Push is on to publicize health insurance tax credit for businessesSacramento BeeA benefit of health-care lawAnniston StarHealth reform's tax break for [...]

Sandusky Register Stronger children's coverage rules may raise insurance costsThe Hill (blog)Some families may face higher insurance premiums because of a requirement in the new healthcare law that plans …Some insurers stop writing new coverage for kidsThe Associated PressHealth Law May Cost Children Coverage as UnitedHealth Ends PlansBloombergInsurers Scrambling To Get Expenses Defined As Patient [...]

New Zealand Herald An AIG Failure Would Have Cost Goldman Sachs, Documents ShowNew York TimesThough it was the insurer's biggest trading partner, Goldman contended that it had bought credit insurance from financial institutions that would have …Goldman reveals where bailout cash wentUSA TodayDid AIG's Bailout Benefit Goldman or Its Counterparties?The AtlanticCitigroup, JPMorgan Said to Have [...]

Money tip: Filing insurance claim may not pay off in long runSeattle TimesChristine Moriarty, of Bristol, Vt., paid homeowners-insurance premiums for nearly a decade before she filed a claim. … and more »