TRENTON, N.J. (AP) -- New Jersey on Tuesday expanded a government health insurance program to cover more low-income families and provide coverage for all children in the state.
The bill signed by Democratic Gov. Jon Corzine is viewed as the first step toward ensuring that all New Jerseyans have health insurance ...
July 9th, 2008 | Posted in Insurance Weekly | Comments Off
COLUMBUS, Ohio--(
BUSINESS WIRE)--State Auto Financial Corporation (NASDAQ: STFC) today announced its preliminary estimates of losses due to second quarter 2008 catastrophe storm activity. The company expects second quarter 2008 results will include between $76 and $84 million in pre-tax catastrophe losses. The above range includes $3.4 million related to ...
July 9th, 2008 | Posted in Insurance Weekly | Comments Off
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July 9th, 2008 | Posted in Insurance Weekly | Comments Off
MIAMI (AP) — Forecasters say Hurricane Bertha has weakened to a Category 1 storm.
As of 11 p.m. EDT Tuesday, the center of the storm was about 580 miles northeast of the northern Leeward Islands and about 840 miles southeast of Bermuda.
Maximum sustained winds decreased to 80 mph with some higher ...
July 9th, 2008 | Posted in Insurance Weekly | Comments Off
WOODLAND HILLS, Calif., July 7 /PRNewswire/ -- "For several months, senior leadership at Anthem Blue Cross has been actively working on a settlement agreement with the California Department of Managed Health Care to bring closure to all issues relating to previous rescissions. I personally have been negotiating with the DMHC ...
July 8th, 2008 | Posted in Insurance Weekly | Comments Off
Losing your paycheck isn't the only problem when you leave a job or are laid off. You probably need to decide what to do about health insurance if your employer has been providing your coverage. The temptation might be to go without it to save money, hoping nothing befalls ...
July 8th, 2008 | Posted in Insurance Weekly | Comments Off
BOSTON, July 7 /PRNewswire-FirstCall/ -- John Hancock Freedom 529 updated two of its most popular marketing tools to help financial consultants (FCs) in their efforts to build their businesses. The firm's entire seminar kit has been enhanced and gathered on one CD to make it easy for FCs to create ...
July 8th, 2008 | Posted in Insurance Weekly | Comments Off
MIAMI (AP) — Hurricane Bertha continues to strengthen as it moves over the central Atlantic Ocean.
As of 11 a.m. EDT Monday, the Atlantic season's first hurricane was centered about 775 miles east of the northern Leeward Islands. National Hurricane Center forecasters say Bertha is expected to turn in the general ...
July 8th, 2008 | Posted in Insurance Weekly | Comments Off
HARRISBURG, Pa., July 7 /PRNewswire-USNewswire/ -- Pennsylvania homeowners may be entitled to a reduction in their homeowners' insurance premiums, thanks to The Mortgage Property Insurance Coverage Act that Gov. Rendell signed into law on July 4.
The law, which was spurred by the trade association Insurance Agents & Brokers, prohibits ...
July 8th, 2008 | Posted in Insurance Weekly | Comments Off
UTStarcom Inc. completed the sale of its "personal communications" division, which sells phone handsets, to a unit of
AIG Investments for about $240 million.
The $240 million price is "subject to certain adjustments," the company said. In a regulatory filing, UTStarcom said $24.3 million of the price ...
July 8th, 2008 | Posted in Insurance Weekly | Comments Off