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Your Life Insurance Policy May Not Be Protected (BusinessWeek Online via Yahoo! News)
With the financial system in crisis, investors increasingly rely on government guarantees to protect their money. Bank accounts are backed by the Federal Deposit Insurance Corp. and its $53 billion war chest. After decades on their own, money market funds now are backed by the U.S. Treasury. And life insurance policies and annuities? They're backed by state guaranty associations. There's only ...
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Gay Couples Have Same Insurance Rights, Dinallo Says (Update2) (Bloomberg)
Nov. 21 (Bloomberg) -- Gay couples who have legally wed outside New York must be treated the same way by insurers in the state as other married couples, the state's top insurance regulator said.
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Mass. AG says insurance company favors homeowners (Boston Globe)
State Attorney General Martha Coakley has asked for a review of Premier Insurance Company's new auto insurance rate, claiming the company is discriminating against people who do not own homes.
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Pa. senators oppose Blues insurance merger (AP via Yahoo! Finance)
A Pennsylvania Senate committee on Thursday urged the state insurance commissioner to block a proposed merger of the state's two largest health insurers.
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FDIC May Exclude Shortest-Term Loans From Debt Insurance Plan (Bloomberg)
Nov. 21 (Bloomberg) -- U.S. bank regulators may exclude the shortest-term loans from a $1.4 trillion debt-insurance program, helping the Federal Reserve avoid further unpredictable swings in the country's main interest rate.
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Illinois autism bill would mandate insurance coverage (Chicago Tribune)
Insurance companies would be required to cover autism diagnosis and treatment up to $36,000 a year under legislation sent to the governor Thursday.
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AG Coakley alleges discrimination by Premier Insurance (Boston Herald)
Attorney General Martha Coakley is accusing Premier Insurance Co. of discriminating against consumers by improperly giving homeowners an auto rate discount. Coakley,...
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IBAO warns about ongoing insurance scam (Investment Executive)
The Insurance Brokers Association of Ontario (IBAO) is warning insurance customers to watch for fraudulent calls claiming to be from their insurance provider.
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Insurance denied for family at bottom of house slide area (KGW NewsChannel 8 Portland)
PORTLAND -- PORTLAND -- The owner of the home located at the bottom of the slide that left seven Southwest Portland homes damaged or destroyed got the final word from his insurance company Friday -- And the news was not good.
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State Farm, Farmers to raise California homeowner insurance rates (Los Angeles Times)
Insurance Commissioner Steve Poizner's decision is denounced by some, but others say recent wildfires make increases reasonable. As if plummeting real estate values weren't enough, insurance rates are heading up for many California homeowners.
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