New York to Create Global Insurance Exchange to Cover Complex Risks
Thursday, January 7th, 2010The state’s governor hopes to keep companies from going offshore for complex coverage.
author By MARY WILLIAMS WALSH, source www.nytimes.com
Insurers Add Green Rebuilding Policies
Wednesday, July 29th, 2009Texas homeowners can pay a bit more for insurance in order to be able to rebuild in an eco-friendly way following a fire or a hurricane.
author By Clifford Krauss, source greeninc.blogs.nytimes.com
New A.I.G. Chief Plans to Reach Out to Investors
Tuesday, June 17th, 2008Robert B. Willumstad said he will review all of A.I.G.’s businesses before meeting with investors, probably after Labor Day.
author By JONATHAN D. GLATER, source www.nytimes.com
Impact of Earthquake on the Chinese Economy Is Seen as Minimal
Wednesday, June 4th, 2008Only 1 percent of China’s population lives in the quake-affected area, where many residents are farmers whose share of the country’s economic output is even smaller.
author By KEITH BRADSHER, source www.nytimes.com
Ambac Writes Little New Business
Wednesday, June 4th, 2008Ambac, the bond insurer, is writing minimal new business as it seeks to restore market confidence and stabilize its credit rating, its chief executive said.
author By BLOOMBERG NEWS, source www.nytimes.com
Even the Insured Feel the Strain of Health Costs
Sunday, May 4th, 2008For millions of people with employer health insurance, premiums and co-payments have increased quickly while coverage has become less extensive.
author By REED ABELSON and MILT FREUDENHEIM, source www.nytimes.com
Federal Money in Health Care Plan From McCain
Wednesday, April 30th, 2008The senator called for the federal government to give money to states to help cover people who have been denied health insurance.
author By MICHAEL COOPER and KEVIN SACK, source www.nytimes.com
Bond Insurer Ponders Its Options
Tuesday, April 15th, 2008FGIC, a money-losing bond insurer owned by the Blackstone Group and the PMI Group, is seeking investors and may consider selling the company.
author By BLOOMBERG NEWS, source www.nytimes.com
A Ban on Allstate Upheld in Florida
Saturday, April 5th, 2008An appeals court upheld a state regulator’s order suspending Allstate from writing new insurance policies in the state.
author By REUTERS, source www.nytimes.com
Insurers Faulted as Overloading Social Security
Tuesday, April 1st, 2008Insurers are forcing many people who file disability claims with them to also apply to Social Security — even people who clearly do not qualify for the government program.
author By MARY WILLIAMS WALSH, source www.nytimes.com
If Elected …: Clinton Details Premium Cap in Health Plan
Friday, March 28th, 2008Hillary Rodham Clinton said she would like to limit the cost of health insurance to no more than 10 percent of Americans’ income.
author By KEVIN SACK, source www.nytimes.com
Bond Insurer Says Its Risk Exceeded Legal Limits
Thursday, March 27th, 2008FGIC said its exposure to mortgage losses exceeded legal risk limits and that it might raise loss reserves because of litigation related to the stricken German bank IKB.
author By REUTERS, source www.nytimes.com
World Business Briefing | Asia: China: Insurer Invests in Fortis Unit
Thursday, March 20th, 2008The Ping An Insurance Company, a leading life insurer in China, has agreed to pay 2.15 billion euros ($3.4 billion) for 50 percent of Fortis’s asset management business, the companies said.
author By REUTERS, source www.nytimes.com
World Business Briefing: China: Insurer Invests in Fortis Unit
Thursday, March 20th, 2008The Ping An Insurance Company, a leading life insurer in China, has agreed to pay 2.15 billion euros ($3.4 billion) for 50 percent of Fortis’s asset management business, the companies said.
author By REUTERS, source www.nytimes.com
Umbrella Coverage for Preventing Your Ruin
Tuesday, March 18th, 2008For those with major assets, an extra insurance policy can take care of one’s liability for the nightmarishly unexpected.
author By JOSEPH B. TREASTER, source www.nytimes.com
When a Safety Net Can Lead to Risky Behavior
Tuesday, March 18th, 2008Critics of the Federal Reserve’s role in the sale of Bear Stearns have raised the specter of moral hazard. What is moral hazard?
author By DAVID LEONHARDT, source www.nytimes.com
Aetna to Offer an Online Service That Helps Patients Link Records and Research
Wednesday, March 12th, 2008Aetna plans to provide the service, SmartSource, free to its customers, saying it wants to help people manage their own health care.
author By MILT FREUDENHEIM, source www.nytimes.com
WellPoint Cuts Its Outlook, Sending Shivers Through Shares of Health Insurers
Tuesday, March 11th, 2008Share of one of the nation’s largest health insurers, plummeted more than 16 percent in after-hours trading Monday after the company lowered its profit forecast.
author By MILT FREUDENHEIM, source www.nytimes.com