Flood insurance deluge predicted in Niagara County

The News Review:

- Flood insurance deluge predicted in Niagara County
- Tokio Marine Insurance (China) raises capital to 300 mln yuan from …
- Beach homeowners worried about rising insurance costs
- Tom Daschle comes with a healthcare strategy in hand
- Chaney to push for insurance for volunteer firefighters

Flood insurance deluge predicted in Niagara County
Buffalo News  United States 
The Federal Emergency Management Agency has compiled new flood plain maps of the county and in many locations the flood zones have expanded. In Wheatfield alone some 1200 parcels of land including about 980 homes are being added to flood plains Supervisor Timothy E.

Tokio Marine Insurance (China) raises capital to 300 mln yuan from …
Forbes NY 
The Japanese insurer won CIRC approval in July to convert its Shanghai branch which was launched in 1994 to a wholly-owned local subsidiary with the new entity starting operations on Nov 1. Tokio Marine earned premium income of 342 mln yuan in China in the first 10 months. 85 yuan) allen.

Beach homeowners worried about rising insurance costs
Jacksonville Daily News NC 
Now she’s worried she’ll see a significant increase to that cost come February. “We just had a big increase in our insurance last year so I will be very disturbed if we get another increase” she said. Homeowners’ insurance rates could increase substantially as the state tries to shore up its Beach Plan and companies prepare for potential future effects of hurricanes. The North Carolina Rate Bureau is asking for a 70-percent increase in homeowner premiums for coastal homes including those in Onslow and Carteret counties.

Tom Daschle comes with a healthcare strategy in hand
Los Angeles Times CA 
Among other things he envisions a new federal agency which he calls a Federal Health Board with the authority to set guidelines for what treatments and procedures are most cost-effective. Daschle argues that the board which would have authority over federally funded healthcare programs such as Medicare would insulate medical decisions from political meddling by Congress and could help design a new system for achieving universal coverage. He also has called for a mandate to require all Americans to get health insurance and for the creation of new public insurance program to cover people who don’t get private insurance. But potentially more importantly Daschle has provided a virtual road map for the kind of campaign the Obama White House and its allies appear likely to pursue in their effort to avoid the pitfalls that doomed Clinton’s effort. “Most of the compelling lessons from 1993 and 1994 are political lessons” said John McDonough a senior health advisor to Sen.
Related from Fathernickthomas: Obama picks savvy Daschle to spearhead healthcare

Chaney to push for insurance for volunteer firefighters
Vicksburg Post MS 
What are we doing? We’re running in!” Pugh said. And they do it as volunteers. If things change the way state Commissioner of Insurance and State Fire Marshal Mike Chaney of Vicksburg wants grizzled veterans and energetic newbies in volunteer fire districts around the state might be in line for benefits after the session of the Legislature that begins next month. Chaney has initiated a push for term-life insurance policies for the state’s 13326 volunteer firefighters. “When I go around to volunteer fire departments I see a few at 19 or 20 years old and then I see a lot of 45- 55- and 65-year-old people” Chaney told the Vicksburg Lions Club earlier this month. “If you want young people to be volunteer firemen you’ve got to have some benefits. ”Warren County has six volunteer departments that cover all of Warren County outside Vicksburg’s city limits.

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