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Tuesday, January 24, 2012 We have all read the news headlines about the Costa Concordia disaster over the past 10 days. The ship ran aground on Friday 13th January off the coast of Giglio in the Tyrrhenian Sea off the West Coast of Italy after a hitting a rock. It was carrying over 4,000 passengers and crew. READ MORE >>
Monday, January 23, 2012Before the end of January, the newly established Federal Insurance Office (FIO) within the U.S. Department of Treasury is expected to release its highly anticipated report on how to modernize and improve insurance regulation in the United States. READ MORE >>
Wednesday, January 18, 2012The capsizing of the Costa Concordia could not have come at a worse time for the cruise industry — right at the start of the peak booking season. Even if passengers aren’t scared away, the accident will cost hundreds of millions of dollars. READ MORE >>
Tuesday, January 17, 2012In Texas, some 690,000 consumers may receive approximately $160 million in insurance rebates in August. The money comes as part of the medical loss ratio provision of the Affordable Care Act, which dictates that insurers must pay at least 80% of the money they collect from premiums on medical care and if they cannot meet this standard they must return the money to policyholders. READ MORE >>
Monday, January 16, 2012Though its demise drew little attention because of the partisan year-end brawl over the payroll tax cut extension in Congress, a key mortgage financing benefit disappeared at the end of December: the ability of large numbers of home buyers and owners to write off the premiums they pay for mortgage insurance. READ MORE >>
Thursday, January 12, 2012Texas insurance regulators expect a decision soon from the Obama Administration on whether they can delay forcing insurers to pay rebates to health plan members if the companies exceed new medical loss ratio requirements. READ MORE >>
Wednesday, January 11, 2012Last month, the Centers for Medicare & Medicaid Services awarded 23 states approximately $296 million in bonuses for increasing the number of children enrolled in health insurance programs.
The bonuses, funded by the Children’s Health Insurance Program Reauthorization Act of 2009 ... READ MORE >>
Tuesday, January 10, 2012Mitt Romney heads into Tuesday’s New Hampshire primary taking a lot of heat for telling voters Monday, “I like being able to fire people who provide services to me.” But for health policy wonks, what’s interesting about Romney’s remarks is the part right before that,... READ MORE >>
Friday, January 6, 2012The Supreme Judicial Court of Massachusetts struck down a state law in effect since 2009 that barred some legal immigrants residing in the state from receiving subsidized health insurance coverage. The court ruled that the law violated the immigrants’ right to equal protection under the Massachusetts Constitution. READ MORE >>
Wednesday, January 4, 2012 When buying life insurance, don't choose a policy before you understand the financial needs of your beneficiaries. Damon Bates, a vice president at Massachusetts Mutual Life Insurance Co., says most people's thinking is backwards when it comes to life insurance. READ MORE >>
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