Quantcast
Home » Topics » insurance (Page 2)

US jobless claims jump to January high

WASHINGTON — New claims for US unemployment insurance benefits surged more than expected last week to the highest level since January, official data showed Thursday. The Labor Department reported initial jobless claims rose to a seasonally adjusted 429,000 in the week ending April 23. That was sharply higher than the…

GOP’s budget raises Medicare eligibility age: CBO

WASHINGTON – The House-approved Republican budget plan would eventually raise the age at which seniors are eligible for Medicare coverage, according to the nonpartisan Congressional Budget Office. Currently at 65, the plan would increase the Medicare eligibility age by two months per year starting in 2022, until it hits 67…

Oklahoma 4th state to ban abortions after 20 weeks

OKLAHOMA CITY (Reuters) – Oklahoma Governor Mary Fallin on Wednesday signed into law a prohibition on abortion after 20 weeks of pregnancy, making it the fourth state to ban such late term abortions. She also signed a law preventing health insurers from covering elective abortions. Fallin, a Republican serving her…

House Republicans secure votes to pass sweeping anti-abortion bill

WASHINGTON – High-priority Republican legislation aimed at curtailing abortion rights across the United States is on its way to passage in the House, having secured enough co-sponsors for approval on the floor. Sponsored by Rep. Chris Smith (R-NJ), H.R. 3, “The No Taxpayer Funding For Abortion Act,” would eliminate employer…

Wikileaks: Chinese government shared confidential AIG information with competitors

NEW YORK (Reuters) – U.S. officials believe China’s insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm’s collapse in 2008, according to unpublished diplomatic cables. The U.S. government bailout of American International Group Inc in 2008 sent shock waves around the world, and…

Walker’s budget repeals WI law requiring health insurers cover birth control

WASHINGTON – A provision in Wisconsin Gov. Scott Walker’s (R) revised two-year budget proposal released Tuesday would repeal a state law requiring health insurers to cover prescription birth control. The controversial anti-union proposal would also repeal the Contraceptive Equity law, which establishes birth control as a necessity for insurers to…

House Republicans to pregnant women: Fetal life is more important than your health

WASHINGTON – The House Judiciary committee on Thursday approved a broad measure that limits access to abortion for women whose health may be harmed by carrying a pregnancy to term. The panel passed HR 3 “No Taxpayer Funding for Abortion Act” in a mostly party-line vote of 23-14, sending it…

Google backs climate-change weather insurance startup

SAN FRANCISCO – Google on Monday was among investors pumping $42 million into a climate change inspired technology startup that calculates the chances of crops being ruined by weather. WeatherBill launched Total Weather Insurance in 2010 as a way for US farmers protect themselves against being devastated by weather, which…

Walker’s anti-union posture sends retirement rate soaring

Record numbers of public employees in Wisconsin are planning to retire because of fears that they could lose promised benefits if they don’t. The Boardman law firm, which advises unions on contract matters and benefits, sent a letter union lawyers last week warning them that the state could revoke certain…

Montanans protest GOP ‘assault’ on environmental and labor programs

More than a thousand Montanans gathered in front of the state Capitol of Helena on Monday to protest budgetary plans to cut health, educational, environmental and labor programs while pushing for corporate tax cuts. Republicans in Montana are pushing legislation to gut the Montana Environmental Policy Act, reduce workers’ compensation…

Google+