Can's Insurance

Jan. 8 (Bloomberg) -- President-elect Barack Obama’s plan to have new government health insurance compete with private coverage drew Republican fire at a nomination hearing for Thomas A. Daschle to run the Health and Human Services Department.  

Jan. 8 (Bloomberg) -- President-elect Barack Obama’s plan for expanding government health insurance to compete with private coverage drew fire from a leading Senate Republican during a nomination hearing for former U.S. Senator Thomas A. Daschle to run the Health and Human Services Department.  

Disgraced U.S. financier Bernard Madoff moved nearly $160 million of his own assets to his UK-based firm in 2007, according to company accounts and filings obtained by Reuters.  

The UK’s Financial Services Authority announced that it has levied its largest fine related to financial crime against insurance firm Aon Ltd. for failing to establish controls to prevent overseas bribery and corruption.  

Energy Minister Ed Miliband says UK gas supplies are secure, but wholesale prices rocket because of Russia-Ukraine dispute.  

The Bank of England has cut UK interest rates to their lowest-ever level, the bank announced Thursday, trimming them to 1.5 percent.  

The GDC's indemnity consultation, which focuses on dental professionals' requirement to make sure they have 'adequate and appropriate'* insurance cover, is now underway. The GDC already requires all dental professionals to ensure that patients are able to claim compensation for any harm caused by...  

The European Court of Human Rights Thursday awarded a Swiss transexual 15,000 euros (20,500 dollars) after her country's health insurance refused to pay for her sex change operation.  

PRUDHOE-based fitness instructor Sandy Burlison is taking Nordic walking to the over-50s. The Cockshott Dene resident, who set up Precipice Training after overcoming crippling arthritis through diet and exercise, hopes to run a four week course in the innovative technique in March.  

LONDON, Jan 8 (Reuters) - The UK Financial Services Authority said it had fined insurance broker Aon Limited 5.25 million pounds ($7.9 million) for failing to ensure payments to overseas intermediaries were not used to pay bribes. Aon, a unit of U.S. insurance broker Aon Corp , did not adequately...  

UK-based Saga Travel Insurance has introduced an extra protection covering scheduled airline failure.  

LONDON, Jan 5 (Reuters) - Hefty insurance claims triggered last year by disasters including hurricanes Ike and Gustav have helped push up the cost of catastrophe reinsurance, reinsurance broker Guy Carpenter & Company said on Monday. Guy Carpenter, a unit of U.S. financial services group Marsh...  

BEIJING (XFN-ASIA) - The China Insurance Regulatory Commission said it has given its approval to Aegon-CNOOC Life Insurance Co to open a branch in Qingdao in eastern China's Shandong province.  

Holidaymakers have been falling victim to misleading insurance-selling tactics by travel agents, according to a poll in the UK.  

PUTRAJAYA, Jan 5 (Bernama) -- Companies with insurance policies for their valuable assets have to ensure that their security guards are physically armed while on duty as failure to do so will taint their chances for insurance claims, the Court of Appeal here ruled today.