Archive for February, 2009
More Value For Money In Team-Based Diabetes Care
Diabetes patients undergoing team-based care do not save more in treatment costs under Medicare and Medicaid than other patients, but they are healthier, according to a recent study. “Chronic conditions impose a substantial financial burden on patients, payers and employers,” said Dennis Scanlon, professor of health policy and administration, Penn State, and […]
Early Stage Breast Cancer! What To Do?
One of the great things from a life insurance standpoint in regards to early stage breast cancer, due to the very high survival rate, is that life insurance can often be purchased not too long after the cancer therapy is complete at as good as standard rates.
Probably the most common, and certainly the most treatable […]
A.M. Best Downgrades Michigan’s Wolverine Mutual Insurance
A.M. Best Co. has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and affirmed the financial strength rating (FSR) of B++ (Good) of Wolverine Mutual Insurance Co. of Dowagiac, …
Lower interest rates make commercial property investments more attractive
“That’s if consumers have got their debt levels under control, and can afford to invest.” - Don’t wait until the full effect of the current interest rate cutting cycle has worked its way through the economy, before investing in commercial property, advised Craig Hallowes, spokesperson for the Association of Property Unit Trusts (APUT).
Competition Commission blasts construction cartels
Alleged that companies involved fixed prices, divided markets and engaged in collusive tendering - The Competition Commission indicated last year that it would actively address anticompetitive conduct - particularly by cartels - in sectors of the South African economy which impact most keenly on poor consumers and the Government’s accelerated and shared growth programme.
TransUnion presents its mobile solutions at the Digital and Mobile at-Retail Workshop
Enables consumers to apply for credit from wherever they are - The recent Marketing Mix Marketing at-Retail Spend study showed that digital signage, online and mobile are the fastest growing categories of interest for 2009.
SEC to make XBRL mandatory
South Africa’s financial sector was recently served with an early warning call - On December 17, 2008, the United States Securities and Exchange Commission (SEC) announced that it would require companies to provide financial statement information in an interactive data format that uses eXtensible Business Reporting Language (XBRL).
Pension funds can no longer rely on technical grounds to reject the non-member’s claim
New legislative amendment of section 37D of the Pension Funds Act - The Pension Funds Adjudicator has issued an important ruling in the matter of PA Barnard vs Municipal Gratuity Fund regarding the interpretation of what amounts to an identifiable fund from a divorce decree having regard to the new legislative amendment of section 37D […]
State Farm: $6.3B P/C Underwriting Loss, $2.1B Operating Loss in 2008
The net worth for the State Farm group decreased in 2008 by $10.4 billion to end the year at $53.3 billion, the company reported.
The primary reason for the decrease was the $9.2 billion …
Oklahoma Measure Allowing Street-Legal ATVs Advances
A bill to allow farmers and ranchers to drive street-legal ATVs in rural areas has passed the Oklahoma Senate.
The measure was sent to the House on a 37-8 vote, despite concern it would create …