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Costa Concordia disaster hits marine insurers

ISOLA DEL GIGLIO, Italy—Insurers continue to count the cost of the Costa Concordia cruise ship disaster and attorneys are preparing class action claims on victims' behalf, but experts say the impact of the tragedy on marine insurance rates is not yet clear. The loss of the 126,214 ton ship, ... LTC measure to get vote on repeal in House

WASHINGTON—The U.S. House of Representatives this week will vote on legislation that would kill a health care reform law provision to establish a voluntary long-term care program, House Speaker John Boehner, R-Ohio, said. “We will repeal the CLASS Act,” Speaker Boehner said during an address last week before the ... Family Health Insurance Costs Doubled in 7 Years, Study Finds

If you’ve seen your health insurance premiums increase along with your deductible, you’re not alone. A recent study by the Commonwealth Fund shows just how much more consumers are paying for employer-provided health insurance. Total premiums — the amount paid by both employers and workers combined — for family ... U.S. Commercial Property-Insurance Rates to Climb, Marsh Says

(Bloomberg) -- U.S. businesses will probably pay more this year for property coverage after insurers took losses from natural disasters and investment income declined, Marsh & McLennan Cos.’s insurance brokerage said. Half of U.S. clients surveyed by broker Marsh Inc. said the cost of property insurance rose in the ... FHA Raises Subprime Debt Insured for Housing Rebound

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(Bloomberg) -- In Honolulu, on the southern coast of the island of Oahu, there’s a four-bedroom home priced at $785,000 that has views of the sun setting over the Pacific Ocean. The beaches of Waikiki are 15-minutes away. Starting this month, the property is available to ...

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