House passes bill to eliminate premium increases for Medicare Part B patientsSeptember 24th, 2009 House passes bill stopping Medicare premium hikesWASHINGTON — Millions of Medicare patients would be spared monthly premium increases next year under a bill passed by the House Thursday. The House voted 406 to 18 to eliminate all premium increases for Medicare Part B, which provides coverage for doctor's visits.
House passes bill to eliminate premium hikes for Medicare Part B patients; bill goes to SenateSeptember 24th, 2009 House passes bill stopping Medicare premium hikesWASHINGTON — The House voted overwhelmingly Thursday to eliminate monthly premium increases for millions of Medicare patients next year. It voted 406 to 18 to send the bill to the Senate, which is expected to act soon.
House to vote to eliminate Medicare Part B premium hikes next year for the few who face themSeptember 23rd, 2009 House to vote to eliminate Medicare premium hikesWASHINGTON — With no Social Security cost-of-living increase expected in January, House Democrats want to cancel all of next year's premium increases for Medicare Part B recipients. Most seniors won't face a premium increase anyway, but Democrats want to shield the few who would.
A look at the 2010 Subaru LegacySeptember 23rd, 2009 A look at the 2010 Subaru Legacy2010 Subaru Legacy 2.5i Premium
BASE PRICE: $19,995 for 2.5i base model; $20,995 for 2.5i Premium. AS TESTED: $22,660.
A look at the 2010 Jaguar XFRSeptember 16th, 2009 A look at the 2010 Jaguar XFR2010 Jaguar XFR
BASE PRICE: $51,150 for base XF; $56,150 XF Premium; $67,150 for XF Supercharged; $79,150 for XFR. AS TESTED: $80,000.
Aviation insurance to hit airlines in the pocketsSeptember 6th, 2009 CHENNAI - A flurry of plane crashes across the world this year will find its echo in the domestic aviation insurance premium rates in the form of a 25-40 percent hike. The year 2009 will go down as a bad year for airlines with three major accidents - Air France, Yemenia and Caspian Airlines - killing around 550 people.
A look at the 2010 Subaru ForesterAugust 5th, 2009 A look at the 2010 Subaru Forester2010 Subaru Forester 2.5XT Limited
BASE PRICE: $20,295 for 2.5X; $22,795 for 2.5X Premium; $25,995 for 2.5X Limited; $26,495 for 2.5XT Premium; $28,495 for 2.5XT Limited. AS TESTED: $29,694.
Aegon Religare eyes Rs.240 crore premium income this fiscalJuly 9th, 2009 PANAJI - Private life insurer Aegon Religare Thursday said India, where barely one-fifth of the total population is covered by life insurance, is a huge market for insurance companies. "It is a misconception that the life insurance market in India is saturated.
LIC will invest Rs 50,000 cr in FY'10June 24th, 2009 NEW DELHI - Life Insurance Corporation of India (LIC) on Wednesday announced that it would invest about 50,000 crore rupees in the equity market during this financial year. Addressing media persons in the national capital, Life Insurance Corporation of India's Managing Director Thomas Mathew said: "We expect to invest nearly Rs 50,000 crore in equities this year against Rs 40,800 crore last year."
The largest life insurer in the country has invested about Rs 8,000 crore in the equities so far in this fiscal.
Future Generali Insurance to launch 10-12 new productsJune 18th, 2009 KOLKATA - Future Generali India Life Insurance, co-promoted by the Kishore Biyani-led Future Group that owns the Pantaloons apparel brand, plans to launch 10-12 new products this fiscal, some of which will be specially designed for women. "Broadly the products will be designed as bundled products or products for women and micro and rural sectors," Nagesh Rajanna, sales and business development chief of Future Generali, said here Thursday while launching the company's new product Future Anand.
Aegon Religare to hire 3,500 advisors for GujaratMay 21st, 2009 AHMEDABAD - Brushing aside recession blues, Aegon Religare Life Insurance Thursday announced plans to hire 3,500 financial advisors in Gujarat over the next four months. 'Currently we have 200 advisors in Ahmedabad, Vadodara, Rajkot and Surat.
A look at the 2010 Hyundai Genesis CoupeApril 22nd, 2009 A look at the 2010 Hyundai Genesis Coupe2010 Hyundai Genesis Coupe
BASE PRICE: $22,000 for base model; $23,250 for base with automatic transmission; $24,250 for Premium with manual; $25,500 for Premium with automatic. AS TESTED: $26,375.
Oriental Insurance's profit likely to fall 78 percentApril 16th, 2009 NEW DELHI - Public sector insurance major Oriental Insurance Co Ltd (OICL) expects a steep fall of over 78 percent in profit for 2008-09, thanks to the economic slowdown. The profits will be reduced 'substantially' due to the slowdown in the economy, leading to defaults in premium payments and the company itself reducing the premium amount, OICL chairman-cum-managing director M.
IPL clone for US in OctoberApril 12th, 2009 JOHANNESBURG - Twenty20 cricket fever has now also hit the US, with an inaugural American Premiere League (APL) series set to take place in New York in October this year, the Afrikaans weekly Rapport said here Sunday. Rapport disclosed that former Proteas Nicky Boje, Andrew Hall and Lance Klusener had already been offered lucrative contracts to participate in the APL, which would be modelled on the success of the Indian Premier League (IPL) that will be played out in South Africa from the next week.
Life Insurance Corp surges ahead, private players stagnateJanuary 1st, 2009 CHENNAI - State-owned Life Insurance Corp (LIC) increased its new business income by Rs.5.63 billion in November over the previous month, but the 20-member private sector club stagnated, data released by the sectoral watchdog Friday showed. According to the figures released by Insurance Regulatory and Development Authority (IRDA), LIC earned a total premium of Rs.33.46 billion (Rs.3,346 crore) in November, selling nearly 2.58 million policies.