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Layoffs could send insurance rates soaring A national organization that assesses risk for insurance companies won't say how Fire Department layoffs will affect homeowners insurance rates in Fall River. But the Insurance Services Office does say Fire Department staffing levels are an important consideration when they assign risk in communities. homeinsurancepower.comBasket Case Insurer Gets $170 Billion from Taxpayers, Still Pays Huge Bonuses - NewsTrust Yahoo Pipes Feed In the get-out-the-torches-and-pitchforks category comes this news: Despite receiving $170 billion in federal aid and recording a staggering loss for the last quarter, insurance giant American International Group is doling out tens of million of dollars in bonuses this week to senior employees. While AIG agreed to pay the bonuses months before the government's rescue of the company began, the matter still is a source of anger for government officials. In a phone call on Wednesday, Treasury Secretary Timothy F. Geithner told AIG Chairman and chief executive Edward M. Liddy that the payments were unacceptable and needed to be renegotiated, according to an administration source. The company has since agreed to change the terms of some of these payments. ... NewsRackGraduated driver`s license programs Most states, including Pennsylvania, have a graduated driver licensing program that oversees the permitting and licensing of young drivers. Federal and insurance industry statistics show teen drivers have the highest crash risk of any age group.State laws differ. But according to the Governors Highway Safety Association, traffic safety experts recommend that graduated licensing programs include the following characteristics:1. Learners permits issued no earlier than age 16, with the learner stage lasting at least six months. Topix.netChrysler faces July cash crunchThe Globe and Mail Ohio Health Insurance Abstract: ohio health insurance Tag: Ohio Health Insurance Nationwide Mutual Insurance Company and Nationwide Financial .MarketWatch - Aug 6, 2008Nationwide, based in Columbus, Ohio, is one of the largest diversified insurance and financial services organizations in the world, with more than $161 . For more information: health food store canada Tags: Health Insurance health-insurance-usa.comInsurance giant AIG agrees to restructure bonuses Insurance giant American International Group has agreed to Obama administration demands to restructure some of its corporate bonuses. However, the troubled company will still pay out millions of dollars in bonuses after the Treasury Department determined that... SF GateSears Tower to lose its name The 110-story Sears Tower, tallest office building in the Western Hemisphere, will be renamed the Willis Tower, global insurance broker Willis Group Holdings said on Thursday. Topix.netTadawul index jumps 3.38% The Saudi stock market started the week with a fresh rebound, closing 3.38% higher at 4,269.91 points on higher volumes. Triggered by bulllish international markets, Saudi investors sent stock from all sectors higher. Malath Insurance posted the biggest gain (up 9.95%). 118 securities advanced and only four shares were down (among them tourism firm Shams on profit bookings). GCC markets bellwether Sabic closed 5.18% higher. According to a Gulf News report Saudi citizens repatriated SR17bn as a result of heavy losses abroad to to the financial crisis. AMELawmakers mull vaccine coverage Lawmakers heard the case Friday for requiring group health insurance plans in Oregon to cover the cost of the vaccine for human papillomavirus, or HPV, types of which lead to cervical cancers and genital warts. Topix.netAuto Review: 2009 Hyundai Genesis 4.6: The power of TauMarket Watch 1 2 |
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