Wednesday, October 26, 2005

Insurance News 10/26/2005

RAND eyes uninsured in US terror insurance review

Congress should be more concerned about uninsured business losses than taxpayers' potential liability after a terrorist attack because single events are unlikely to trigger a federal payout under the U.S. terrorism insurance program, a RAND Corp. study said Tuesday.

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Prudential to Bolster Egg, Move Beyond Life Insurance (Update1)

Oct. 26 (Bloomberg) -- Prudential Plc, Britain's second- largest insurer, will develop Internet bank Egg Plc as part of a wider U.K strategy and consider expanding beyond its focus on life insurance under new plans laid out by Chief Executive Mark Tucker.

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Prudential to Bolster Egg, Move Beyond Life Insurance (Update2)

Oct. 26 (Bloomberg) -- Prudential Plc, Britain's second- largest insurer, may expand beyond its focus on life insurance while developing Internet bank Egg Plc under a new strategy laid out by Chief Executive Officer Mark Tucker.

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New Type Of Insurance Shifts Responsibility To Consumers

Insurance experts, academics, policy advocates and officials gathered in Hartford Tuesday to discuss a new, but controversial breed of health insurance that shifts responsibility for managing health care expenses to patients.

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Doctors get subsidies to offset insurance premiums

TRENTON New Jersey began sending out $11,000 checks to physicians in select categories Tuesday to help offset the premiums they pay to carry malpractice insurance, and maybe prevent them from fleeing to lower-cost states.

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San Diego County Medical Society endorses malpractice insurance provider

The Doctors Company, a physician-owned medical malpractice insurance provider and the leading writer of California physicians, announced Tuesday it has received the endorsement of the San Diego County Medical Society (SDCMS).

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Govt Studying Insurance Coverage For Rural Teachers

KUALA LUMPUR, Oct 26 (Bernama) -- The Education Ministry is studying a proposal to provide insurance coverage and sponsor fees to institutions of higher learning for teachers serving the rural areas.

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Many term insurance policies require conversion

Dear Bruce: I am 70 years old and have a small-term insurance policy (not my only coverage) purchased through my credit union. I was recently notified that my term policy would expire when I become 75. I was offered the option of converting a portion or the entire policy amount to whole life.

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Number of kids relying on government health insurance increases

The number of uninsured children and those who depend on government-sponsored programs is growing, according to a new report. The Wisconsin Council on Children and Families report, released today, found that 93 percent of Wisconsin's children have some form of health insurance coverage.

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Report: More Wisconsin kids miss out on health insurance

Statewide statistics released today reinforce the concern of state and local officials that too many Wisconsin children are without health insurance.

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7 Comments:

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