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• CNBC's Jane Wells: Cross Border Insurance Plans

  

  According to the U.S. Census Bureau about 46 million Americans don't have health coverage and probably millions more Mexican nationals who live and work here (whether legally or not) don't have health insurance either. It's just not available or its too expensive. In some places, however, its available and cheap; you just have to go south of the border to get it. CNBC’s Jane Wells explained on “Power Lunch.”

• St. Paul to Stop Paying Contingent Commissions, Conn. AG Says

  St. Paul Travelers will stop paying contingent commissions to insurance agents and brokers by the start of 2008, according to a statement by Connecticut Attorney General Richard Blumenthal.

• Insurers to Pay DaimlerChrysler 168 Million Euros: Paper

  FRANKFURT (Reuters) - DaimlerChrysler will recover about 168 million euros ($221.5 million) from insurers in settling a dispute over the costs of a U.S. class-action lawsuit in 2003, a German newspaper reported on Tuesday.

• Electronic Medical Records: Good Or Bad For Patients?

  It might be nice to have your medical records available online no matter where you are in the world. In case you get hurt or injured--a doctor in New York could look at your records if you're from say--California. But what if those records reveal medical secrets you'd rather NOT have opened--like psychiatric evaluations? This begs the question: what are the pros and cons of having electronic medical records?

• Hannover Re to Sell Praetorian Financial

  Germany's Hannover Re AG said Wednesday it is selling its U.S.-based specialty insurer Praetorian Financial Group Inc. to Australia's QBE Insurance Group Ltd. for US$800 million (euro604.05 million).

• WSJ's McDonald On Re-Insurer Stocks

  Bermuda based re-insurers were crushed by massive claims during last year's record hurricane season. But they've apparently bounced back to record billions in profits--thanks to almost no disaster claims this year. That's good news for share prices--but investors might what to look before they leap. In today's Stock Screener on "Power Lunch"--Ian McDonald from The Wall Street Journal gave a couple of his "picks."

• Australia's IAG to Buy Equity Insurance for $1.1 Billion

  Insurance Australia Group Ltd. has agreed to buy British auto insurance underwriter Equity Insurance Group for $1.13 billion, its second acquisition in the UK market.