Category Archives: Insurance News

Best Ways to Save on Prescription Drugs

U.S. prescription drugs, along with other health care costs, have been on the rise for several years. According to a report from AARP in April 2009, the costs of the 219 most widely used brand-name drugs had increased by 8.7% from 2008 to 2009 (roughly a $550 increase in one year), while generic drugs increased [...]

Strickland’s Campaign – Successful or Not?

If you stumble upon Governor Ted Strickland’s campaign video, you might think that all uninsured kids in Ohio now have access to health insurance. Unfortunately, that’s not the real scenario. According to a state survey conducted earlier this year, approximately 111,255 children in Ohio remain uninsured. Most of these youngsters are eligible for the tax-funded [...]

House Passes Financial Services Reform Bill

The U.S. House approved the biggest changes in financial regulation since the Great Depression Friday, marking a win for the Obama administration and congressional Democrats. With the Senate due to debate similar reforms well into next year, the House voted 223-202 to pass a 1,279-page bill hammered out in the months since last year’s financial [...]

Secure Your Business, Get Commercial Insurance

When you start a smell venture, the first thing you might want to do is secure your business from any risks out there. This is not you welcoming negative thoughts but you becoming a wise businessperson. It is never too early to prepare yourself against the possibility of lawsuit and bankruptcy; these things do happen. [...]

Aflac Insurance Stock Goes Up Big

On July 24, 2009, Aflac’s stock was sitting at $35.51. Today, it’s trading at approximately $46.06. You don’t have to do the math – that represents a 29.7% profit. Why is the stock performing so well? Read all post…

Buncefield locals still waiting for compensation from Total UK

Four years on from the Buncefield oil depot explosion, reckoned to be the largest peacetime fire in Europe, lawyers representing 275 locals say that only “between 15 and 20″ of their claims have been fully settled by the oil company responsible. Residents near the Hertfordshire site, which went up in flames after an explosion that [...]

Ratings Roundup: Novae, DAS Legal

A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-’ (Excellent) and the issuer credit rating (ICR) to “bbb+” from “a-” of Novae Insurance Company Limited (NICL) and placed the ratings under review with negative implications. Best also  placed the ICRs of “bbb” and “bbb-”of Novae Group plc and Novae Holdings [...]

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