Friday, October 28, 2005

Insurance News 10/28/2005

SHANGHAI'S INSURANCE SECTOR REALIZES HIGHER INCOME TO SEPT

Statistics The premium income of insurance companies in Shanghai reached 24.838 billion yuan (US$3 billion) by the end of September this year, up 6.24 per cent year-on-year.

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Shanghai's Insurance Sector Realizes Higher Income To Sept

The premium income of insurance companies in Shanghai reached 24.838 billion yuan (US$3 billion) by the end of September this year, up 6.24 per cent year-on-year.

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Panel Votes for Higher Pension Insurance Fees

With a broad pension reform bill apparently stalled in the Senate, a House committee yesterday voted to boost sharply fees employers pay to the government's pension insurance agency.

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In-use insurance fund up 25.8 pct

By the end of September this year, the in-use insurance outstanding volume in China totaled 1.3071 trillion yuan (161.36 billion US dollars), up 25.8 percent from the beginning of this year.

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Senate Passes Bill to Require Truck-Insurance Notification

By Christopher Keating, The Hartford Courant, Conn. Oct. 27--The state Senate on Wednesday took the first steps toward closing a loophole in state law, passing a bill that requires the state to be notified when a commercial truck owner drops its insurance.

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House OKs All Kids insurance plan Kurt Erickson

SPRINGFIELD -- Calling it an "historic step," Gov. Rod Blagojevich hailed passage Thursday of an initiative aimed at making sure every child in Illinois has health insurance.

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Mobile offices help speed homeowners' insurance-claims process

PLANTATION — Amber Filion had waited an hour and a half on the telephone to file a hurricane damage claim with an operator at Citizens Property Insurance only to be thwarted.

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All Kids insurance proposal sails through Senate

SPRINGFIELD - Gov. Rod Blagojevich's plan to provide health insurance to all children in Illinois zoomed out of the state Senate on Wednesday and is poised for passage in the Illinois House today.

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Denham Springs man indicted in insurance fraud

A Denham Springs lawyer accused of submitting doctored records to get money from an insurance company now faces an insurance fraud charge. An East Baton Rouge Parish grand jury indicted Douglas C. Dorhauer, 31, 39592 Hess Road, on the charge Thursday.

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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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6 Comments:

At 2:32 PM, Blogger Jan said...

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