The News Review:
- Banks and credit unions increase deposit insurance
- Texas judges seek to expedite Ike-related lawsuits
- Questions and answers about our health care system
Banks and credit unions increase deposit insurance
Grays Harbor Daily World WA
The increase is part of the Emergency Stabilization Act of 2008 and went into effect on Oct. 3 when the legislation was enacted. The Washington State Department of Financial Institutions is holding a series of information sessions about the insurance increase. Although no sessions are currently scheduled for the Twin Harbors area the Department of Financial Institutions is encouraging customers to ask their banks or credit unions about how the increase affects them. The increase covers all deposits made into saving and checking accounts money market and certificate accounts. Individuals with less than $250000 have full coverage. The FDIC and the National Credit Union Association recommend that individuals with more than $250000 contact their banking institutions about additional coverage.
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Texas judges seek to expedite Ike-related lawsuits
Houston Chronicle United States
“After the first of the year I think we’ll start seeing the first round of lawsuits coming in” said Garner administrative judge for district courts in Galveston County. “We are just anticipating there’s probably going to be a lot of them but I don’t know for sure. Judges have discussed appointing one judge as pretrial judge for all residential insurance lawsuits. The move could expedite initial court procedures and ensure consistent pretrial rulings Garner said. The judges have not decided who would get the appointment — in part because some judges themselves may have claims against insurers presenting conflicts of interest. Garner said he hoped to have a plan in place by January. More than 1000 lawsuits were filed after hurricanes Katrina and Rita three years ago as homeowners and insurance companies bickered over what caused the damage — wind or water.
Questions and answers about our health care system
Newsday NY
One reason for this said Arthur Gianelli chief executive of. Why are so many uninsured? Most Americans get health insurance through their employer. But the percentage of families offered job-based health coverage has fallen in the last decade according to a report last year by the Kaiser Family Foundation a not-for-profit that focuses on health care issues. Rising health insurance premiums are the reason employers don’t offer insurance. About one in three Americans report their family has had problems paying medical bills in the past year according to a Kaiser poll last month. What is Obama’s plan to fix the system? President-elect.