Thursday, October 13, 2005

Six insurance execs face pay cuts (Insurance)


Six insurance execs face pay cuts
The Japan Times - Oct 12 5:14 PM
Mitsui Sumitomo Insurance Co. said Wednesday it will cut the pay of President Hiroyuki Uemura and five other executives over a scandal in which it failed to make payments in some 25,000 cases over a three-year period.Save to My Web

Group finds wide disparities in insurance premiums
Newsday.com - Oct 12 11:24 AM
ALBANY, N.Y. -- Driving in New York state can be a costly proposition. New York ranks near the top in the United States for both automobile insurance and gasoline costs.Save to My Web

Panel Urges Limits on Tax Breaks for Homes, Health Insurance
Washington Post - Oct 12 4:00 AM
A presidential advisory panel agreed that changes in the federal income tax should limit popular tax breaks for both homeownership and employer-provided health insurance.Save to My Web

Iowa Has Lowest Auto Insurance Premiums
WHO-TV Des Moines - Oct 12 6:35 AM
Des Moines, October 12th, 2005 (AP)- Iowa tops the list when it comes to paying the least for auto insurance. According to the National Association of Insurance Commissioners, the average annual premium in Iowa in 2003 was 679 dollars.Save to My Web

11 News: Md. Insurance Commissioner Steps Down
The WBAL Channel - Oct 12 3:48 AM
BALTIMORE -- Maryland insurance commissioner Al Redmer told 11 News he is leaving his post and his last day will be Friday. Redmer has accepted a position as the chief executive officer of Coventry Health Care of Delaware.Save to My Web

Insurance carrier denies $190 million discrimination claim
The Daily World - Oct 12 11:15 AM
David McKinney-Smith, who charges that his property has been unfairly targeted for cleanup because he is black, learned Tuesday that his $190 million claim against the City of Hoquiam has been denied by the Washington Cities Insurance Authority.Save to My Web