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Business Insurance - Breaking News

Business Insurance - Web News

FM Global posts $839.5M net income in 2009

JOHNSTON, R.I.—Factory Mutual Insurance Co., which does business as FM Global, reported $839.5 million in net income for 2009 vs. a $318 million loss in 2008.

ACE estimates natural catastrophe losses at $125M

ZURICH—ACE Ltd. said Thursday that its preliminary estimated losses from recent natural catastrophes total approximately $125 million, including reinstatement premiums.

Worker testimony, expert opinion justify FMLA leave: Court

PHILADELPHIA—A worker’s testimony plus an expert medical opinion can qualify an employee for leave under the Family and Medical Leave Act, a federal appeals court has ruled.

Health care reform bill set for House vote

WASHINGTON—The final health care reform legislation to be voted on by the House of Representatives this weekend dramatically scales back an excise tax on the most costly group health insurance plans and eases other new taxes on health care plans,...

Physician cost-profiling methods may be flawed: Study

A study released Thursday suggests there may be flaws in insurers’ cost-profiling methods of physicians to establish tiered networks.

NBGH study examines hospital cost-shifting

Some hospitals shift costs to commercial payers to make up for low Medicare reimbursement rates, but there are hospitals that provide high-value services to commercial payers and Medicare, concludes a study released Thursday.

More people roll over 401(k) assets: Study

More people are rolling over their 401(k) savings into IRAs when they leave their jobs or retire, according to research published Wednesday by Charles Schwab & Co. Inc.

Toyota faces racketeering claims in consumer suits

LOS ANGELES (Reuters)—Lawyers seeking civil damages against Toyota Motor Corp. on behalf of U.S. consumers for diminished resale value of recalled vehicles are broadening their cases to add racketeering claims against the automaker.

U.S. budget analysts say health bill would cut deficit

WASHINGTON (Reuters)—Democrats in the House of Representatives on Thursday predicted weekend passage of a sweeping health care overhaul that budget analysts said would hit President Barack Obama's fiscal targets and cut the U.S.

XL estimates earthquake, windstorm losses

HAMILTON, Bermuda—XL Capital Ltd. said Wednesday that its preliminary combined loss estimates for the Chilean earthquake and Windstorm Xynthia could be as high as $230 million.

Business Insurance - Europe News

FM Global posts $839.5M net income in 2009

ACE estimates natural catastrophe losses at $125M

Worker testimony, expert opinion justify FMLA leave: Court

Health care reform bill set for House vote

Physician cost-profiling methods may be flawed: Study

NBGH study examines hospital cost-shifting

More people roll over 401(k) assets: Study

Toyota faces racketeering claims in consumer suits

U.S. budget analysts say health bill would cut deficit

XL estimates earthquake, windstorm losses

Risk & Insurance

Disabusing Your Self-Funded Program of Double Billing

Only YOU Can Prevent Injuries: Part 2

Oregon: Hearing will discuss disability rating standards

Medical costs, accountability among key challenges identified for '10

A Rocky Consignment for a Philadelphia Museum

Age, not exposure, responsible for increased hearing loss

WORKERSCOMP ForumTM Update: March 18, 2010

Actual notice arguments insufficient to overcome benefits reversal

Comp patients get 'no added benefit' from back surgery, study finds

Bill to combat prescription abuse really will harm patients in pain (Seattle Times)

The Wall Street Journal - Insurance

Apple Races to Strike iPad Content Deals

Obama Delays Trip as Health Vote Nears

Viacom, Google Trade Barbs

Home Prices Climb 11% in California

Cuomo Expands Pension Probe

Prius Probe in New York Suggests Driver Error

American Airlines Hit With $300,000 Proposed Fine

U.S. Inflation Muted in February

FedEx Cites Stronger Recovery

Dow's Streak Hits Eight

NY Times - Insurance

Fine-Tuning Led to Health Bill?s $940 Billion Price Tag

The Health Debate: Crunch Time

Access, Access, Access

Running for Obama?s Old Seat, and Set on Derailing His Plans

Obama Delays Trip as Report Aids Final Pushon Health Care

Corrections

Idaho: Governor Signs Bill to Prevent Insurance Mandate

Democrats Consider New Moves for Health Bill

The Health Care Letdown

Senate G.O.P. Leader Finds Weapon in Unity

Insurance Journal - By Region

National Underwriter Insurance News

NER Offers Beefed Up Web Site To Fight Heavy Equipment Theft

Hartford To Repay TARP Loan, Won?t Buy Back Stock Warrants

Montpelier Re Says Chile, Xynthia Losses Could Reach $100 Million

Marsh & McLennan Agency Acquires Rutherfoord

Survey Finds Commercial Insurance Pricing Stable

House Bid To Pass Health Care Picks Up Two Key Votes

Louisiana Congressman Melancon Named PIA Legislator Of The Year

N.Y. Prior Approval For Health Insurer Rates Urged By Regulator

House Members Stall Flood Insurance Program

Global ?09 Insured Cat Losses Fell More Than $26 Billion: Swiss Re

CNN Insurance News

When to get long-term-care insurance

It's not alarmist to think that you'll need long-term care in your lifetime. Among Americans who reach their 65th birthday, 45% will have to pay for some kind of long-term-care services, according to the actuarial firm Milliman.

Private nurses for common folks

You may think of private nurses as a luxury for the ultra-rich, like a butler or personal chauffeur. But hiring in-house medical care has become an increasingly viable option for regular folks too.

5 things to know about permanent life insurance

1. It's more coverage than most people need

The cost of long-term care

Some insurance decisions are easy. Take life insurance. You know you need it to replace the income your spouse and kids would lose if you died. Insurers don't have much leeway to dispute claims for death benefits because "deceased" is a pretty definite condition.

Health costs race past inflation

Health insurance premiums in 2007 rose 6.1 percent, the lowest growth rate in eight years but still well above inflation and worker earnings, according to the latest annual survey from the Kaiser Family Foundation.

Teetering on the edge of insurance

Small business owners Gordon and Babette Brennan used to pay as much as $800 a month for health insurance. But the Jupiter, Fla. couple felt like they received little in return: Claims for ordinary pediatrician visits for their son Ryan were denied. Procedures like blood tests weren't covered. Co-pays were $40 a pop.

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