The News Review:
- State Farm to lower auto insurance rates
- Eli Lilly CE Makes Case Against Public Health Insurance Plan
- Battle over homeowner insurance heats up
- Genworth leads life insurance stocks rally
- Sen. Max Baucus: Answer 10 Questions About Mandatory Purchase of …
- Study: Insurance matters eat up MDs’ time
State Farm to lower auto insurance rates
Los Angeles Times
3 million California customers will see their annual premiums fall by approximately $75. By Marc Lifsher1:00 PM PDT May 14 2009Reporting from Sacramento — Automobile insurance rates are going down for about 3. 3 million drivers who do business with California’s biggest insurer State Farm. Rates will drop by 8% for a total savings of $219 million said Rand Harbert the company’s senior vice president for California and state Insurance Commissioner Steve Poizner at an event in Los Angeles this morning. header-sect { background:#FFFFFF none repeat scroll 0%; text-align:center; position:relative; top:-12px; left:52px; width:108px; }#sponsored1. header-sect a { color:#818181; font-size:10px; font-weight:bold; text-transform:uppercase; font-family:Verdana Helvetica sans-serif; }#sponsored1 a:link { color:#818181; outline-color:invert; outline-style:none; outline-width:medium; text-decoration:none; }#sponsored1 a:visited { color:#818181; outline-color:invert; outline-style:none; outline-width:medium; text-decoration:none; }#sponsored1 a:hover { color:#818181; outline-color:invert; outline-style:none; outline-width:medium; text-decoration:underline; }#sponsored1 a:active { color:#818181; outline-color:invert; outline-style:none; outline-width:medium; text-decoration:none; }#sponsored1.
Related from Champcarnews: State Farm to lower auto insurance rates
Eli Lilly CE Makes Case Against Public Health Insurance Plan
Wall Street Journal Blogs
Leichleiter argued much as the health-insurance industry has that a public plan would have a huge advantage over private insurers which don’t have the “resources of the Treasury or the power of law to set reimbursement rates. ” In a speech before the U. Chamber of Commerce (see his.
Battle over homeowner insurance heats up
Bizjournals.com
During a conference call on Wednesday Florida’s insurance industry advocates called efforts to increase. _8EFB47588E3F4642A24061C74407A7B7.
Genworth leads life insurance stocks rally
Reuters
N> a provider of mortgage and life insurance led a rallyin U. life insurance stocks on Thursday.
Sen. Max Baucus: Answer 10 Questions About Mandatory Purchase of …
PR Newswire (press release)
pdf In a letter to Senator Baucus sent today Consumer Watchdog wrote: “Americans should not be locked out of any discussion about health care reform particularly one that will consider whether everyone should be required to buy health insurance policies without any limits on what insurers can charge. Mandatory purchases of private insurance policies without offering a public alternative to the private market is nothing other than a bailout for HMs — whose greed waste and indifference to our health have created the current mess. “There’s no mention of cost-cutting in the Senate Finance Committee’s ‘policy options’ document being discussed in today’s closed meeting — no regulation of HM premiums no limits on how much consumers will have to pay out of their own pocket in co-pays or deductibles. ” Earlier this week the Senate Finance Committee circulated a “policy options” white paper to be discussed in today’s meeting which excludes members of the media and public. The senate finance document makes the president’s promised “public option” to the private insurance market optional and does not include cost controls. Senator Max Baucus (D-MT) chairman of the Senate Finance Committee has received more campaign contributions from the health insurance and pharmaceutical industries than any other current Democratic member of the House or Senate; the third highest contributions of any member of Congress.
Study: Insurance matters eat up MDs’ time
Bizjournals.com
The report found that overall costs for dealing with insurance plans is $31 billion a year and 6. 9 percent of all U. expenditures for physician and clinical services. The findings come at a time when the bama administration is looking for ways to contain health care costs.