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Posts Tagged ‘ Insurance ’

Impact of Toyota Recalls on Auto Insurance Rates

February 23, 2010
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With more than 8 million Toyota cars and trucks (including some Lexus vehicles) under recall for a variety of issues that include brake and accelerator problems, insurance claims are all but certain. But how will those claims, and the volume of them, affect your insurance rates? Dating back to mid-January, Toyota recalled a variety...

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Barack Obama seeks control over insurance rate hikes

February 22, 2010
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President Barack Obama wants to give the federal government sweeping new authority to curb exorbitant rate hikes by the nation’s health insurance companies, a White House official said Sunday night – a proposal designed to win over skeptical voters as Obama announces his own health insurance legislation for the first time Monday. Releasing his...

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Health insurance system broken, new report says

February 19, 2010
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Washington (CNN) — Health insurance premiums have skyrocketed in recent years and a new government report says the increases are likely to continue, underscoring the need for reform. In releasing the report Thursday, Health and Human Services Secretary Kathleen Sebelius pointed to the recent announcement by Anthem Blue Cross of California that it plans...

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ING misses expectations, no insurance IPO this year

February 17, 2010
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Q4 loss 712 million euros vs forecast 306 mln loss * Charges for aid repayment offset bank profits * Assumption changes drive surprise insurance loss * Start of insurance disposal unlikely this year * Shares up 4.6 pct, outperform banking sector (Adds press conference, Breakingviews column) By Ben Berkowitz AMSTERDAM, Feb 17 (Reuters) –...

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