Missouri Drowning Leads to Bill Mandating Insurance for Water Parkshe drowning of a Joplin, Missouri boy has led to House passage of legislation requiring for-profit swimming pools to have liability insurance. The legislation is named for 6-year-old Ethan Cory, w Insurancejournal.com Tuesday, April 08, 2008
Colorado Legislation Threatens Auto Insurance Savings, Insurers SayThe Colorado Legislature is considering a bill that would add bureaucratic red tape and costs to the state's automobile insurance system, claims the Property Casualty In Insurancejournal.com Tuesday, April 08, 2008
Allstate Must Comply By Monday Or Stop WritingAllstate's companies doing business in Florida will have to stop writing new policies after Monday if the insurance giant fails to apply for a rehearing by then, state officials said Tuesday. homeinsurancepower.com Tuesday, April 08, 2008
S&P cuts ratings of four mortgage insurers on housing slumpSAN FRANCISCO (MarketWatch) -- Standard & Poor's said late Tuesday that it downgraded four mortgage insurers because house prices are falling more than expected and unemployment in the U.S. is headed higher. The rating agency lowered the counterparty credit rating on MGIC Investment Corp. to 'BBB' from 'A-' and the counterparty credit and financial strength ratings of its mortgage insurance subsidiaries to 'A' from 'AA-'. PMI Group , Old Republic and Radian Group were also downgraded, S&P said. The outlook on all four ratings is negative. Radian, which saw the ratings of its mortgage insurance unit cut to A from AA-, said it's considering selling new shares or getting investments from outside parties to bolster its capital position. The company also said it's also talking with banks that provide its credit facility to change some covenants. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this ne MarketWatch.com Tuesday, April 08, 2008
EHealth Rises on Underwriting Product (AP)Shares of eHealth Inc., which markets health insurance plans online, rose Tuesday as analysts praised the company's new instant underwriting product. yahoo.com Tuesday, April 08, 2008
Drivers caught out by insurance sneak feesMany motor insurers are imposing an 'admin' charge of up to 25 for basicpaperwork, such as changing a customer's address co.uk Tuesday, April 08, 2008
Lockton Benefit Group appoints new medical directorLockton Benefit Group, the employee benefit consulting operation of insurance broker Lockton Companies, has appointed John Esslinger as the firm's new medical director. Insurance-business-review.com Tuesday, April 08, 2008
Home Insurance Comparison for Different Types of DwellingsHome insurance policies are different for homeowners', condominium, and renters' insurance. They differ in what is covered, and what is not covered. ezinearticles.com Tuesday, April 08, 2008
Inside Business: Aegon Looking Eastern Europe To Expand; Global Insurance Outlook Dutch insurer, Aegon, sees growth with move into Eastern Europe; Aegon has 2 billion euros to spend on acquisitions in Eastern Europe; Analysis by Joseph Streppel, Aegon CFO via ClipSyndicate topix.net Tuesday, April 08, 2008
Child Life Insurance through Gerber Life's Grow-Up PlanDo you have children? Have you ever considered purchasing child life insurance? In the world of increasingly sophisticated and diverse insurance and financial vehicles, the Gerber Life insurance Company is offering an excellent child life insurance plan called the Grow-Up Plan®. With this plan, Gerber Life offers affordable, industry-leading child life insurance that will help provide families with a more secure financial future. The Grow-Up Plan is designed for children from 14 days old to 12 years old. It is a whole life policy with low premiums that builds cash value over time. Here are some of the main features of the Gerber child life plan: Low premiums with high coverageCoverage automatically doubles at age 21Cash value buildsAvailability of additional insurance guaranteed You can start a child with a $5,000 - $35,000 whole life policy, which will double when the child reaches age 21, though the premium payments will remain the same. Thus, the child is essentially ge TheInsurancePolicy.com Tuesday, April 08, 2008
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