Insurances & Business

Assigning a dollar value to a person’s life might seem impossible, not to mention unthinkable. But after a wrongful death, the needs of the surviving family often lead to that grim calculation.

The China Life Insurance Company, the country’s largest life insurer, said its first-half profit had more than doubled, topping forecasts. It was helped by investment gains in a strong stock market and rising premiums in the fast-growing Chinese economy. China Life said it earned 23.29 billion yuan ($3.08 billion) in the first half, compared with […]

An Italian insurance company has agreed to give heirs of Holocaust victims another 18 months to uncover documentation on unpaid life insurance policies at long-sealed Nazi archives.

Brandon Savage letter, prompted by Dec 17 article on wealthy seniors selling their life insurance policies to investors, says insurers who are concerned about this practice can change way policies are written

The “economic anxiety” U.S. residents currently feel is a “direct result of increasing health care costs,” and lawmakers “should not wait another year to start tackling this problem,” Sens. Richard Burr (R-N.C.) and Lamar Alexander (R-Tenn.) write in a Washington Times opinion piece.

Presumptive Republican presidential nominee Sen. John McCain (Ariz.) on Thursday during a visit to the Cleveland Clinic discussed his health care proposal, the Akron Beacon Journal reports (Wheeler, Akron Beacon Journal, 5/2). The

Legislation (S 334) proposed by Sens. Ron Wyden (D-Ore.) and Robert Bennett (R-Utah) that would establish a universal health care system in the U.S. could be budget-neutral by 2014 and generate budget surpluses in future years, according to a Congressional Budget Office and

The House on Thursday voted 414-1 to approve a bill (HR 493) that would prohibit discrimination based on the results of genetic tests, the New York Times reports (Harmon, New York Times, 5/2).

Minnesota Gov. Tim Pawlenty (R) on Tuesday said that legislation being considered to overhaul the state’s health care system should include health savings accounts and tax credits as a way to reduce costs for residents who purchase private health insurance, the Minneapolis Star Tribune reports. The measures are similar to those thatpresumptive Republican presidential nominee […]

Enrollment in Wisconsin’s new BadgerCare Plus program has “far exceeded” officials’ expectations, with more than 71,000 residents enrolling in the first six weeks of the program, the Milwaukee Journal Sentinel reports (Boulton/Forster, Milwaukee Journal Sentinel, 4/29).