| BASEBALL NOTEBOOK: Lidle's widow sues insurance firm
The widow of former New York Yankees right-hander Cory Lidle has sued MetLife Inc., claiming she is owed more than $1 million under the Major League Baseball benefit plan. Lidle died in the crash of his small plane Oct. 11 in New York and was covered by the benefit plan of MLB and its players union, which had a life-insurance benefit of $450,000 and an accidental-death benefit of $1.05 million. But the plan, which applies to all players with major-league contracts, contains an exclusion for ''any incident related to travel in an aircraft ... while acting in any capacity other than as a passenger.'' MetLife paid Melanie Lidle $450,000 but ''has refused to pay the entirety of the policy'' despite demands, according to the lawsuit filed in Los Angeles County Superior Court. The family lived in Glendora, Calif., during the offseason.
Phillip Wasserman Announces California Life Insurance, Annuity and ...
SARASOTA, Fla.--(BUSINESS WIRE)--April 8, 2007--Phillip Wasserman, recognized as a top authority on life insurance and annuities, has announced a special training session for insurance agents, financial planners, register investment advisors and other professionals to be held in Las Angeles, California on May 4, 5 and 6th 2007 at the Las Angeles airport Marriott hotel. Over 110 professionals have already signed up for this intense training to focus on the use of life insurance and annuities in aiding retirement income planning. A special focus will be on the recent surge in popularity of life settlements, and discussions on mortgages and reverse mortgages in aiding clients will be held. Phillip Wasserman is head of Phillip Roy Financial Services, a nationwide retirement income planning firm with over 500 affiliated representatives.
Editorial: Amendment Needed for Insured Drivers
State Rep. John Smithee, chairman of the House Insurance Committee, has stepped up with legislation to protect Texas motorists who file a legitimate claim under their auto policy against losses inflicted by uninsured motorists but face an insurer reluctant to pay. Smithee, R-Amarillo, isn't proposing any radical change in House Bill 2013. In fact, he's just trying to restore the law as it was practiced until late last year. Scheduled for a hearing today before Smithee's committee, the bill is necessary because of a Texas Supreme Court decision on Dec. 22. The Brainard decision, named after one of the plaintiffs, said insurers weren't obligated to pay an uninsured or underinsured motorist's claim until a court had ruled on who was liable and determined the damages. Also, the court said, the insurer was not obliged to pay the legal fees of a policyholder who had to sue to collect.
Insurers must honor their commitment
Will your insurance company be there when you need it most? That's what you assume when you buy insurance. You pay a premium so that when something goes wrong, your insurance company will pay for your covered losses. Unfortunately, that is not happening in Washington state. Our system is broken. As a former senior claims adjuster for Farmers Insurance Exchange and a nationally recognized claims practices expert, I know firsthand to what lengths insurance companies will go to save money by not paying claims. Many insurance companies tie employee salaries and bonuses to practices that encourage and condone the delay, denial, underpayment and forced litigation of claims. The Insurance Fair Conduct Act, now being considered by the Washington Legislature, would make the insurance claims system more fair for consumers in Washington state.
UBS: Australian Telecom Dialogue - Broadband politics
UBS provide the following Warrant products and services to approved Australian retail investors. Please select one of the following: Instalment Warrants
Trading Warrants
Protected Geared Investment
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Health Care Insurance: The Basics
To cope with the potentially high costs of medical care, insurance policies provide some financial protection. Many individuals with insurance are covered under an employer-based plan (options offered and partially funded by their employer). Individual health insurance coverage, though more costly, can be obtained through some companies. Uninsured persons depend on their own ability to pay, qualifying for government insurance, or the care that physicians and institutions donate to those unable to pay. The March 14, 2007, issue of JAMA is a theme issue on access to health care. TYPES OF INSURANCE COVERAGE .
Belize International Business Corporations (IBC) Yield Asset ...
An international business corporation (IBC) is designed to facilitate four areas of money management: Asset Protection, Estate and Wealth Preservation, Secrecy and Privacy, and potential Tax relief. The Belize IBC can be used as part of a solution. .
Obama wants to hear from consumers, health-care providers
PORTSMOUTH (AP) - Democratic presidential hopeful Barack Obama talks in general terms about lowering health-care costs by focusing on prevention and chronic disease management, and using the savings to cover the uninsured. But his audience yesterday was almost single-mindedly focused on a single-payer system.
The Illinois senator promises to achieve universal health care coverage by the end of his first term, but has yet to offer specifics. Instead, he said he wants to hear from consumers, health-care providers and other experts and that even once he releases a plan, he'll remain open to changes.Read this article in full with a
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RFID Reader Prevents Reagent Counterfeiting In Healthcare Industry
Cloning and counterfeiting pose perhaps the greatest threat in the healthcare industry where decreased reliability and performance of medical devices and medication affect diagnosis and treatment. The downstream effects are decreased patient safety, insurance cost efficiency, and provider reputations. Iris Diagnostics, a division of Iris International (NASDAQ: IRIS), is tackling the cloning problem head-on by RFID-enabling their iQ200 Automated Urinalysis System. Utilizing chemical reagents to detect the presence of molecules in urine samples, the machine relies on reagents of the correct type, freshness, and authenticity in order to deliver the most accurate results. To prevent reagent counterfeiting, Iris Diagnostics is incorporating SkyeTeks RFID reader and ReaderWare Security technology into their product.
Analysis: Big reform best, study says
WASHINGTON, March 19 (UPI) -- Comprehensive federal healthcare reform would more effectively cover the uninsured, according to a report released Monday, but the more piecemeal approach involving states is more likely to make it into law, some experts warn. With broad reform "you get more people covered and -- depending on the way a proposal is structured -- you get more savings," study author Sara Collins, a health economist at the Commonwealth Fund, told United Press International. The report, with help from the Lewin Group consulting firm, analyzed major reform proposals in Congress and a hypothetical joint federal-state approach similar to the plan underway in Massachusetts. It found that, although blanket federal reforms to cover all the uninsured would initially cost the federal government more, they would yield greater health system-wide savings in the long run.
W.Va. museum obtains one of first president's last letters
It's just a single sepia-colored missive among an estimated 20,000 that George Washington wrote, but one of the last letters from the nation's first president is now part of a public exhibit at a tiny museum in West Virginia.
It is, a University of Virginia historian says, a rare and valuable treasure--an original letter in Washington's own handwriting and bearing his wax seal, and one of the few not in the possession of the Library of Congress, a major museum or a private collector.
And its subject is a matter of deep personal importance--the death of Washington's brother Charles and his own sense of mortality.
Washington family descendant Cornelia Haden Brewer donated the well-preserved 1799 letter to the Jefferson County Museum in Charles Town, a community founded in 1786 by Charles Washington.
Local youth march to drum up support for 'new civil rights movement'
SAN MARCOS ---- A year after thousands of students walked out of class to protest proposed immigration laws, 30 students left schools in San Marcos and Escondido to march Friday for what they called the "new civil rights movement."The group, composed of Latino students from Escondido, San Marcos and Mission Hills high schools, spent the entire day marching around the San Marcos area with three organizers from the Los Angeles-based coalition called By All Means Necessary, which describes itself in pamphlets as focused on affirmative action, integration and immigrant rights. Organizer Hoku Jeffrey, from Los Angeles, said the North County students contacted the organization via the social networking site MySpace.com. .
Celanese Announces Entry into Credit Facility and Expiration of ...
DALLAS -- Celanese Corporation (NYSE:CE), a global hybrid chemical company, today announced that on April 2, 2007 it entered into a new Credit Facility of approximately $3,678 million, consisting of $2,280 million of U.S. Dollar-denominated and 400 million of Euro-denominated new Term Loans due 2014, a $650 million Revolving Credit Facility terminating in 2013 and a $228 million Credit-Linked Revolving Facility terminating in 2014. Borrowings under the new Credit Facility bear interest at a variable interest rate based on LIBOR (for U.S. Dollars) or EURIBOR (for Euros), as applicable, or, for U.S. Dollar denominated loans under certain circumstances, a base rate, in each case plus an applicable margin. The applicable margin for the Term Loans and any loans under the Credit-Linked Revolving Facility is currently 1.75% above LIBOR or EURIBOR, as applicable, and the applicable margin for loans under the Revolving Credit Facility is currently 1.50% above LIBOR or EURIBOR, as applicable.
Punishment and Proportionality
[1] This chapter appeared in substantially the same form in Murray N. Rothbard, "Punishment and Proportionality," in Assessing the Criminal: Restitution, Retribution, and the Legal Process, R. Barnett and J. Hagel, eds. (Cambridge, Mass.: Ballinger Publishing, 1977), pp. 259–70. [2] It must be noted, however, that all legal systems, whether libertarian or not, must work out some theory of punishment, and that existing systems are in at least as unsatisfactory a state as punishment in libertarian theory. [3] Significantly, the only exception to the prohibition of involuntary servitude in the Thirteenth Amendment to the US Constitution is the "enslavement" of criminals: "Neither slavery nor involuntary servitude except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction." [4] On the principles of restitution and "composition" (the criminal buying off the victim) in law, see Stephen Schafer, Restitution to Victims of Crime (Chicago: Quadrangle Books, 1960).
Sponsor wants to revise tax credit bill
HELENA (LEE)The sponsor of a bill offering a tax credit to Montanans who buy their own individual health insurance said Monday he'd like to amend it so the credit applies only to low- and middle-income families.In its present form, House Bill 801 offers the state income-tax credit to any Montana resident who buys health insurance for themselves and their family. The credit is 20 percent of the annual cost of the insurance.Rep. Gary Maclaren, R-Victor, said Monday he'd like to have his bill amended back to an earlier form, which made the tax credit available only to those whose income is equal to or less than 150 percent of the federal poverty level.For a family of four, that's just less than $31,000 a year. For a family of two, it's about $20,500.The earlier version of Maclaren's bill also set the tax credit at 50 percent of the insurance cost.Maclaren presented his bill Monday to the Senate Taxation Committee, its first hearing in the Senate.
Home Foreclosures Hit Record Numbers In Michigan
Janet Laitis leaned on a chain-link fence in her front yard, dragged on a cigarette and pointed to the homes on her block that lenders have seized in just the past two weeks. "There. There. There," said Laitis, 70, pointing across the street, down the street and then to the modest ranch house next door. "This neighborhood is deteriorating before my eyes." Within a square mile of Laitis' house in this bedroom community outside Detroit, more than half the 96 homes on the market are foreclosed properties. The situation is not uncommon in pockets of the industrial Midwest, where a record number of people are missing their mortgage payments and losing their homes. While lax lending policies have been blamed for the unfolding home-mortgage crisis across the country, the distress in the Midwest has been exacerbated by fundamental problems with the economy.
Drug And Procedural Interventions Offer Better Quality Of Life And ...
Both emergency and non-emergency care of cardiovascular disease have continually improved over the past decade, thanks to improved quality of care, novel procedures and better therapies. In particular, research on improved care of cardiovascular disease shows noticeable improvements with a combination of drug and risk factor interventions. Three studies presented today at the American College of Cardiology's 56th Annual Scientific Session assess how continued improvements in cardiac care can lead to enhanced clinical practice and improved quality of life for patients. The American College of Cardiology Annual Scientific Session is the premier cardiovascular medical meeting, bringing together cardiologists and cardiovascular specialists to further breakthroughs in cardiovascular medicine.
Improved Ten-Year Prognosis of Asymptomatic Patients With Documented Silent Myocardial Ischemia Due to Medical Therapy: The Swiss Interventional Study on Silent Ischemia Type I (SWISSI I) (Presentation Number: 412-4)
Episodes of silent myocardial ischemia, a characteristic of coronary artery disease (CAD), occur in patients when blood flow to the heart is restricted without causing pain.
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