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Updated: 30 weeks 6 days ago

Poorly Worded Life Insurance Policies Can Cost Survivors Big Bucks

Tue, 02/02/2010 - 02:00
Anyone with a life insurance policy they haven’t carefully read will want to do so ASAP after they learn about one widow’s unsuccessful fight with her dead husband’s life insurer. It all started when Craig Bauer, an executive at manufacturer Omron Electronics, died in June 2006 of bacterial meningitis following a ...

Health Bill - 'On Life Support' - Continues To Highlight Political Divides

Tue, 02/02/2010 - 02:00
President Obama's State of the Union speech has so far failed to unite Democrats on a health reform strategy as they "stared down a political nightmare," The Associated Press reports. "The grim reality opened a divide between the rank and file and congressional leaders, who insisted health care ...

Citibank, in Settlement, Extends Free Checking

Tue, 02/02/2010 - 02:00
Citibank’s EZ checking account will remain free for many customers for a while longer. The Citibank EZ checking account is going to remain free a while longer for many bank customers. Today, the New York State attorney general’s office announced that the bank would allow over one million customers to ...

Missouri cracks down on bogus health insurance companies

Tue, 02/02/2010 - 02:00
Missouri regulators have moved to shut down more than a dozen companies that promise health plans but have allegedly left consumers with thousands of dollars in unpaid medical bills. The consumer affairs division of the Missouri Department of Insurance demanded that 14 companies and 12 individuals respond to charges that they ...

SEC Votes for Corporate Disclosure of Climate Change Risk

Fri, 01/29/2010 - 02:00
WASHINGTON—Political feuding over global warming reached the Securities and Exchange Commission Wednesday when commissioners, divided on party lines, voted to encourage companies to disclose the effects of climate change on their business. SEC Chairman Mary Schapiro, an Obama administration appointee, said the agency wasn't weighing in on the global-warming ...