The News Review:
- Mnuchin Leads Private-Equity Funds to Buy Failed IndyMac Bank
- Sioux Falls trucking firm agrees to have insurance
- America’s health-care famine is slowly killing us
- Citizens Insurance Advisory Panel’s Final Meeting Looms
- Brown & Brown Inc. Completes the Acquisition of the Small …
- Mr. Bush’s Health Care Legacy
Mnuchin Leads Private-Equity Funds to Buy Failed IndyMac Bank
Bloomberg
Flowersis run by former Goldman banker J. Christopher Flowers; StonePoint Capital?s chairman is Stephen Friedman Goldman?s formermanaging partner; and Silar Advisors LP was founded by RobertLeeds who used to trade mortgage bonds at Goldman. Flowers 51 specializes in investing in banks insurancecompanies and other financial firms. ne of his previous bankinvestments in Japan has been hailed by David Rubenstein co-founder of the Carlyle Group buyout firm as perhaps the mostsuccessful private equity deal in history. Flowers bought the Long-Term Credit Bank of Japan Ltd. for121 billion yen ($1. 1 billion) in 2000 renaming it Shinsei.
Sioux Falls trucking firm agrees to have insurance
KCAU IA
(AP) – A Sioux Falls trucking company has agreed to follow the law if it can keep operating while a federal court case is pending but a judge has yet to sign off on it. In November Action Carrier Inc. was ordered to keep its rigs off the roads because it wasn’t carrying liability insurance. The order was in response to a request from the U. Transportation secretary for a temporary restraining order and preliminary injunction against the motor carrier.
America’s health-care famine is slowly killing us
Salt Lake Tribune United States
We don’t have a health-care crisis. What we have is a health-care famine. I realized this when a friend told me that she was not in favor of universal health insurance. She was opposed to paying for health care for all. She has a little boy with cancer. She was afraid that universal health care would mean her little boy would not be able to get an appointment with the oncologist. “But all those other children with cancer deserve treatment too don’t they?” I asked.
Citizens Insurance Advisory Panel’s Final Meeting Looms
MSNBC
Florida’s largest property insurer. Citizens policyholders can reject offers from private insurers that want to assume their policies. Under recommendations being considered by an 11-member task force charged with returning Citizens to its original role as the state’s insurer of last resort Citizens policyholders would lose that option. They would be required to accept the takeover offers unless they can find coverage elsewhere.
Brown & Brown Inc. Completes the Acquisition of the Small …
CNNMoney.com
Brown & Brown Inc. and its subsidiaries offer a broad range of insuranceand reinsurance products and services as well as risk management thirdparty administration managed health care and Medicare set-aside servicesand programs. Providing service to business public entity individualtrade and professional association clients nationwide the Company isranked by Business Insurance magazine as the seventh largest independentinsurance intermediary in the United States. The Company’s Web address is.
Related from Newrepublicans: Party sees signs of hope in Wrentham’s Scott Brown
Mr. Bush’s Health Care Legacy
New York Times United States
Still it has achieved its main goal by reducing the percentage of older Americans who lack drug coverage from 33 percent before the program started to only 8 percent in 2006. Less heralded was the Bush administration’s willingness to grant Massachusetts a Medicaid waiver to redeploy federal funds to help start a universal health insurance program. The program took the controversial step of requiring all citizens to obtain health insurance or pay a penalty precisely the sort of government mandate that drives many conservatives wild. By many measures it is off to a promising start and could become a model for other states or the federal government. Another substantial health achievement came in the form of bricks and mortar through the president’s vigorous support of community health clinics. As Kevin Sack reported in The Times last week Mr. Bush has doubled direct federal financing for community health centers enabling the expansion or creation of almost 1300 clinics in areas short of other medical resources.