A mystery tech billionaire has just purchased the most valuable life insurance policy ever. It's worth $201 million.» Read More
NEW YORK, March 14- Berkshire Hathaway chairman and chief executive Warren Buffett said on Friday that his firm had eliminated most of its catastrophe insurance business in the United States.
The massive farm bill changes some sacred cow items like crop insurance and commodity subsidies but gives aid for crops out of the mainstream.
HONG KONG, March 13- Ping An, China's second largest insurer by market value, posted an albeit lower than expected 40.4 percent rise in annual earnings on Thursday, as investment income surged on the back of a recovery in China's stock market. Ping An Insurance Group Co of China Ltd made a net profit of 28.15 billion yuan in the year ended Dec. 31.
BOSTON-- The Massachusetts House on Wednesday unanimously approved a bill designed to soften the impact of new federal flood insurance rules on many of the state's coastal homeowners.
The recently formed Catholic Benefits Association, which includes archdioceses, an insurance company and a nursing home, takes issue with a compromise in the Affordable Health Care Act offered by the Obama administration that attempted to create a buffer for religiously affiliated hospitals, universities and social service groups that oppose birth control.
COLUMBUS, Ohio-- Federal officials say close to 79,000 Ohioans have picked health plans in the new insurance marketplace created by President Barack Obama's health care law. The U.S. Department of Health and Human Services released a report Tuesday with the latest enrollment numbers covering Oct. 1 through March 1.
Texas has the highest rate of uninsured in the nation, nearly one in four, and a GOP governor, Rick Perry, who has vociferously opposed the program. Perry also has refused to expand Medicaid, despite federal dollars offered to do so.
FRANKFORT, Ky.-- Nearly 55,000 people have signed up for private health insurance through Kentucky's state health insurance marketplace, according to the latest figures from the federal government. The federal government originally estimated Kentucky would have signed up 122,000 by now.
DETROIT-- About 145,000 Michigan residents have selected private insurance plans under the federal health care law, according to figures released Tuesday by President Barack Obama's administration.
BATON ROUGE, La.-- Nearly 46,000 Louisiana residents signed up for private insurance coverage through the federally-run marketplace by last month's end, a steadily-growing enrollment rate that still falls short of an Obama administration target. By March 1, Louisiana had 45,561 people who selected a marketplace plan, an addition of about 12,700 enrollees.
RICHMOND, Va.-- Virginia is meeting federal projections for enrollment in the Obama administration's health care program but still has a ways to go to reach the final target on March 31. Figures released Tuesday by the U.S. Department of Health and Human Services show that 102,815 Virginians had enrolled by March 1.
CONCORD, N.H.-- About 4,700 New Hampshire residents selected a health plan through the new federal insurance market last month, putting the state over the target for the entire enrollment period that ends March 31, President Barack Obama's administration said Tuesday.
DOVER, Del.-- Federal officials say slightly more than 6,500 Delaware residents have signed up on the state's health insurance exchange as of March 1. Delaware officials noted that the state's total includes those who enrolled directly with their insurance company for coverage under the Affordable Care Act, as well as those who enrolled through the exchange.
RALEIGH, N.C.-- North Carolina health insurance consumers continued to enroll at a steady clip for private coverage sold on a federally run marketplace, a new report released Tuesday said. With a deadline looming at the end of March to buy coverage or face a penalty, North Carolina trailed only four other states in enrollment.
TRENTON, N.J.-- New Jersey fell just short of a recent health insurance exchange enrollment target, and a bigger deadline looms at the end of the month. According to data released Tuesday by the federal Health and Human Services Department, more than 74,000 residents had selected a plan by March 1.
AUGUSTA, Maine-- The federal government says more than 25,000 Maine residents have picked health insurance plans under the Affordable Care Act, surpassing the target set by President Barack Obama's administration for the entire enrollment period that ends this month.
WASHINGTON, March 11 (Reuters)- The Obama administration said on Tuesday that 4.2 million people have signed up for private health insurance under Obamacare, and indicated that total enrollment could surpass a 6 million-enrollee forecast by the end of March.
ADMINISTRATION SAYS 4.2 MLN PEOPLE HAVE ENROLLED IN PRIVATE HEALTH INSURANCE UNDER OBAMACARE AS OF MARCH 1.
WASHINGTON, March 11- The Obama administration on Tuesday said the number of people enrolled in private health insurance under Obamacare reached 4.2 million on March 1, amid independent reports of a sustained decline in America's huge uninsured population.
*Fannie Mae, Freddie Mac would be liquidated under plan. WASHINGTON, March 11- The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.