• A glance at some insurers wrestling with nursing-home … Associated Press - Wed 25 Mar, 2015 3:12 AM IST

    Life insurance firms used to pitch long-term care policies as the prudent way for Americans to shoulder the cost of staying in nursing homes. But those same companies have found that long-term-care policies ...

  • High nursing home bills squeeze insurers, driving rates … Associated Press - Wed 25 Mar, 2015 3:09 AM IST
    High nursing home bills squeeze insurers, driving rates up

    Thirty years ago, insurance companies had the answer to the soaring cost of caring for the elderly. Plan ahead and buy a policy that will cover your expenses. Now, there's a new problem: Even insurers ...

  • On 5th anniversary of health care law, no end to d … Associated Press - Sun 22 Mar, 2015 5:55 PM IST
    On 5th anniversary of health care law, no end to debate

    When President Barack Obama signed the Affordable Care Act five years ago, he visualized a time when the political hyperbole would be silenced and ordinary people would see that the health care law improved ...

  • Chennai, March 19 (IANS) The insurance regulator must come out with proper norms to ensure that private players invest in long-gestatation projects like infrastructure deveopment since this was one of the underlying reasons for hiking foreign equity cap in the sector, experts maintain. Thuas far, the promise of doing their …

  • Chennai, March 16 (IANS) With the broad-basing of the Life Insurance Council and the General Insurance Council with members drawn from other segments of the insurance industry, will they still represent the interests of insurers is the question now, say industry officials. As per the recently amended insurance laws, the …

  • The competitiveness of Inddia's insurance sector IANS - Mon 16 Mar, 2015 6:32 PM IST

    The enactment of this bill has the potential to be a historic game-changer for India's insurance industry. India has a long history of the thought and practice of insurance. It was the precursor to the modern day insurance industry. The sector, during the British era, had quite a number of life and general insurance …

  • Lawsuit: Insurance company manipulated software after … Associated Press - Sat 14 Mar, 2015 3:42 AM IST
    Lawsuit: Insurance company manipulated software after Sandy

    A New Jersey couple sued an insurance company Friday, claiming it defrauded them out of the sales tax in their Superstorm Sandy claim, and their lawyer said others might also have been affected. Charles ...

  • Obamacare's new 'special' sign-up period for tardy CNBC - Fri 13 Mar, 2015 11:42 PM IST
    Time's up! Paying that Obamacare tax penalty

    People who only now are learning they owe an Obamacare penalty for 2014 will get another chance to sign up for insurance this year.

  • New Delhi/Chennai, March 12 (IANS) Parliamentary approval was accorded on Thursday to the insurance law amendment bill, with the Rajya Sabha, despite opposition protests, adopting the measure hiking the foreign equity cap on domestic companies from 26 percent to 49 percent. India Inc hailed the bill's passage as a major …

  • Chennai, March 12 (IANS) It seems the proverbial seven year itch made both houses of parliament pass the long pending insurance bill into a law, an industry official said on Thursday. The Insurance Regulatory and Development Authority of India (IRDAI) was in the process of drafting around 40 regulations, the official said. …

  • Chennai, March 12 (IANS) The passage of the insurance bill by parliament allowing increase in foreign direct investment (FDI) to 49 percent and other provisions is expected to nearly double insurance penetration in five years time, said a top official of life insurance industry body. Already 10 life insurers from different …

  • FEMA to review every Sandy flood insurance claim Associated Press - Thu 12 Mar, 2015 4:06 PM IST

    Federal Emergency Management Agency officials have agreed to reopen and review every flood insurance claim filed by Superstorm Sandy victims. The review will involve approximately 144,000 claims and not ...

  • AP Analysis: Why does health overhaul drama contin … Associated Press - Mon 9 Mar, 2015 1:00 PM IST
    AP Analysis: Why does health overhaul drama continue?

    President Barack Obama's health overhaul remains an all-consuming drama for many, even though millions of people are gaining insurance coverage through a law that's now 5 years old. During oral arguments ...

  • AP Analysis: 5 reasons why health overhaul drama plays … Associated Press - Sun 8 Mar, 2015 9:24 PM IST
    AP Analysis: Why does health overhaul drama continue?

    President Barack Obama's health overhaul remains an all-consuming drama for many, even though millions of people are gaining insurance coverage through a law that's now 5 years old. During oral arguments ...

  • Malloy budget shifts more programs to Connecticut  … Associated Press - Sun 8 Mar, 2015 9:24 PM IST

    Some of Connecticut's insurers would pick up the tab for breast and cervical cancer detection, AIDS services and venereal disease control under Gov. Dannel P. Malloy's proposed two-year, approximately ...

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