| Plumbing, Discrimination, and Health Insurance Rates
Joyce Foster (D-Denver) asked insurance broker/insurance underwriters representative Jamie Scholl why women pay more than men for health insurance in the individual insurance market. His answer: "You'll have to ask God, because he put our parts on the outside and yours on the inside." Crude and laughable, but the rest of the insurance industry's reasoning basically follows the same appalling logic (and just for emphasis, he repeated his response in the afternoon session). Women are complicated and more health conscious, therefore more expensive. Men are simpler and less likely to see a doctor, therefore cheaper. Another health insurance lobbyist backed him up in the Denver Post, telling a reporter that women's health care is more expensive because their reproductive systems are more complex and require more complicated, costly and risky procedures.
Britain's burglary capital named as Nottingham
Four postcodes in Nottingham feature on the list of 20 areas with the most insurance claims. Five more are in London.
The study suggests that a crimewave linked to the economic downturn is pushing up insurance premiums.
Claims have soared in the burglary blackspots where cover can cost 20 per cent more than elsewhere. In some districts firms are refusing even to offer insurance.
The figures - produced by moneysupermarket.com - are based on 2.6million home insurance claims and quotes.
Julie Owens of the comparison website said: 'We are in the midst of recession and recent industry statistics show the cost of burglary insurance claims topped �100million for the first three months of this year, the highest figure for three years.' A spokesman for Nottinghamshire police said: 'We view this as a rather unscientific study which appears to be unfair to the areas it has identified within Nottinghamshire.' .
Residents letting Boccieri know their health care insurance stance
Boccieri, meanwhile, said he hasn't made a decision on the proposed health insurance reform bill pending in the House. For starters, the initial bill was rolled through three House committees. Those three versions will be combined into a single bill. "I'm not going to take a position on something I haven't been able to read yet," Boccieri said. He believes reform is needed, saying that health care insurance and energy dependence have been the two biggest albatrosses weighing down the national economy. But Boccieri said he has concerns with some of the health insurance bill's proposals. He doesn't want to see small businesses bear the burden and be forced to take on coverage insurance companies won't pay. He likes efforts to focus on preventing health problems, because he believes that can help lower costs over the long term.
Insurance Agency in St. Lucie West, FL Earns National Designation
Post Insurance is a local insurance agency serving St. Lucie County since 1979. They are a team of professionals who understand the complexities of insurance but explain it to customers in 'plain old English.' They insure all homes including: condos, townhouses, waterfront homes, seasonal homes, secondary homes, vacant homes and rental properties. They also offer auto insurance, business insurance, and life insurance. The agency is open from Monday through Friday, 8:30 - 5:00, but customers can request quotes 24/7 on their website at www.InsurewithPost.com. St. Lucie West, FL (PRWEB) August 12, 2009 -- Post Insurance & Financial, Inc. is an insurance agency serving Port St. Lucie for nearly 3 decades. They recently earned the national designation of Trusted Choice®. The designation is an elite program recognizing top insurance agencies in the country.
Regulators seize 1 Nevada, 2 Arizona banks
The Federal Deposit Insurance Corporation took over control of Gilbert-based Union Bank, National Association. The FDIC agreed to sell its assets to MidFirst Bank of Oklahoma City. The bank's only branch will reopen on Monday as a MidFirst branch. Also closed on Friday by state regulators were all four branches of the Community Bank of Arizona. That bank's assets were also sold to MidFirst Bank. Nevada regulators also closed Community Bank's holding company and sister bank, Community Bank of Nevada. That bank will be liquidated. Account holders at all three banks can continue writing checks, making deposits and using their ATM accounts. All customers deposits in the Arizona banks — even those above the federal insurance limits of $250,000 — are secured, said Felecia Rotellini, Superintendent of the Arizona Department of Financial Institutions.
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