The steep rise in insurance costs since 2007 has left homeowners unable to get cover or move house Flood victims continue to face spiralling costs for home insurance as excesses for flood cover rise to levels that are making their properties virtually impossible to sell. Many have invested thousands to protect their homes from flooding, but these efforts are rarely rewarded by insurers. "People...
In a victory for President Barack Obama, the Democratic-controlled House narrowly passed landmark health care legislation Saturday night to expand coverage to tens of millions of Americans who lack it and place tough new restrictions on the insurance industry. Republican opposition was nearly unanimous.
DOWNLOADS: (105) PLAYS: (495) (h/t Heather at VideoCafe ) Woot! I love it when we get some plain-spoken truth on the House Floor. Such a refreshing change from the Republican lies and fear-mongering. The Republican record defies their rhetoric. Remember their so-called Prescription Drug Benefit for Seniors passed in the dark of the night? No one read the bill, didn’t know what was in it. Cost...
And confirmed by the AP. For Michael Moore and other Hollywood actors claims on this subject see New video gets a 6 out of 5 stars with recent spoof of Will Ferrell and celebrity video at Moveon.org and Michael Moore on video: "If a true public option is enacted - and Obama knows this - it will eventually bring about a singly payer system" Networks Aid Obama's War on Insurers' Profits -"...
With the federal deficit growing by billions of dollars daily, Washington observers expect members of Congress to begin taking a much closer look at farm programs in the coming months.
Figures lie and liars, well, you know. Liars in the health insurance industry are going to plenty of trouble to disseminate their latest lying figures. The Post-Dispatch printed them a week ago Monday, in an AP news article. Quick quiz: What do these enterprises have in common? Farm and construction machinery, Tupperware, the railroads, Hershey sweets, Yum food brands and Yahoo? Answer: They're...
LOS ANGELES, Nov. 6 /PRNewswire/ -- Insurance Networking News magazine has released the results of its 2009 INNovators Award, a distinctive designation intended to advance the spread of business and technology acumen in the insurance industry, and Farmers Insurance Group of Companies® has received first place recognition for its IdeaPoint Initiative program.
The official Statement of Administration Policy (SAP) on H.R. 3962, the Affordable Health Care for America Act, has been released. It's official: The Obama administration supports the bill. However, someone at the White House wanted to make it clear there is a "but" to this support. As John noted , with this crowd, " There's alway a but... " At least the SAP clears the way for Obama...
You may know Andy Cobb from the series of humorous video sketches he's done about Republicans, the media, and assorted inanities. But he works by day as an actor. And a few years ago, he was a commercial spokesman for Blue Cross Blue Shield of Florida. Now, he's speaking out about the insurance industry in a new video produced by Brave New Films for their Sick For Profit campaign (disclosure: I am...
This week, I proudly introduced Ian's Law in the New York State Senate to protect patients from egregious insurance industry practices. Among other things, it...
Samuel Metz in the Oregonian : Smoking kills. So does the health insurance industry. In the 20th century our tobacco industry, threatened by associations between its product and a lung cancer epidemic, diverted public discussion to a multitude of highly charged and largely irrelevant issues. It succeeded so well that even now, 50 years later, it still freely markets its dangerous products with only...
Friday, November 6, 2009 : As House Democrats prepare to vote on their version of a healthcare reform bill this weekend, a man who used to be the face of Blue Cross Blue Shield of Florida decided he's had enough with the way the health insurance industry is impeding reform. Actor and comedian Andy Cobb used to promote Blue Cross Blue Shield of Florida. But now he's broken with his former employer...
BRAINTREE, Mass., Nov. 6 /PRNewswire/ -- North American application activity for individually underwritten life insurance was up +2.4% in October year-over-year, according to the MIB Life Index(SM). While the Index lagged prior year's results for the first two quarters of 2009, July and August activity was flat with solid gains posted in September (+1.2%) and October, year-over-year. Year-to-date (YTD)...
WASHINGTON — In a victory for President Barack Obama, the Democratic-controlled House narrowly passed landmark health care legislation Saturday night to expand coverage to tens of millions who lack it and place tough new restrictions on the insurance industry. Republican opposition was nearly unanimous.
It appears the House has passed its version of the health care bill in a close 220-215 vote. The legislation would require most Americans to carry insurance and provide federal subsidies to those who otherwise could not afford it. Large companies would have to offer coverage to their employees. Both consumers and companies would be slapped with penalties if they defied the government's mandates. Insurance...
The AXA Group is one of the largest insurance groups in the world. AXA operates in more than 50 countries throughout Europe, North America, the Asia Pacific, Africa and the Middle East serving over 65 million customers and managing funds over Euro 1.3 trillion. Supported by over 112,000 dedicated staff and financial advisers, AXA leads the industry in terms of professionalism, trustworthiness, innovation...
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