Obama picks new health care chief

Apr 14, 2014

Obama picks new health care chief

President Barack Obama’s new nominee for health secretary drew some early political fire from Republicans on Sunday in what could foreshadow a stormy election-year confirmation debate in the U.S. Senate over the future of the law known derisively as “Obamacare.” Two days after Obama ...

Feb 11, 2014

Tokio Marine admits to more insurance nonpayment cases

Tokio Marine & Nichido Fire Insurance Co. said Monday it may have failed to pay up to 25,000 additional cases of unclaimed auto insurance benefits. The benefits in question were due to be paid under two accessory policies covering, respectively, up to ¥100,000 of ...

Oct 16, 2013

Insurers diversify policies to meet demand from bicyclists

Bicycle insurance products have diversified as cyclists use their bikes for an increasing range of activities, thus raising the risk of accidents. Insurance firms have stepped up sales of policies with large payouts, such as ¥100 million, in response to demand for steep damages ...

Jul 24, 2013

U.S. health-care law tied to pay cut for part-timers

For Kevin Pace, the president’s health care law could have meant better health insurance. Instead, it produced a pay cut. Like many of his colleagues, the adjunct music professor at Northern Virginia Community College had a hefty course load, despite his official status as ...

Jun 15, 2013

Insurance OK'd for artificial breasts

A health ministry panel has approved a system that will enable cancer patients to receive public insurance coverage for artificial breasts from next month. The move will reduce the financial burden on patients undergoing radical mastectomies since the government would shoulder 70 percent of ...

Mar 28, 2013

15.5% quake insurance hike sought

A property and casualty industry body is planning to raise standard earthquake insurance premiums for housing by a nationwide average of 15.5 percent following the devastating March 2011 earthquake and tsunami. The Non-Life Insurance Rating Organization of Japan has reported the plan to the ...