It is easy to be pessimistic about the economy these days, with stock market shifts, earnings reports up then down, retail sales plummeting and unemployment climbing. In California, we are in the midst of unprecedented challenges, as evidenced by months of tense budget negotiations and the issuance of IOUs for only the second time in [...]
Archive for March, 2010
Investment Fund Took $70M from 300 Investors, SEC Says
The U.S. Securities and Exchange Commission obtained a court order freezing the assets of a San Diego man and an investment fund he ran — a fund that, by the agency’s account, defrauded 300 investors of $70 million. The SEC made the announcement Aug. 20. According to the complaint filed by the SEC, Mohit A. [...]
Kaiser Cutting 1,850 Jobs Statewide, 650 in Region
Kaiser Permanente’s surprising announcement last week that it would eliminate 650 jobs in Southern California and 1,850 statewide created concerns among health care analysts, who anticipate further job losses among hospital districts as the economy takes its toll. The Oakland-based health maintenance organization, or HMO, which serves half a million members in San Diego County [...]
Government proposals could prevent further consumer debt in the PPI market
Insurance experts are concerned about the impact of government plans for legislation on personal insolvency problem in the reform of the payment protection insurance (PPI) market. PPI is not only personal and credit card payment covers the insured sold in an accident, fall ill or have lost their jobs. However, the government presented its proposals [...]
BUPA reduces critical illness premiums
BUPA, the private health care has declined in individual premiums, with immediate effect. Purchased the insurance policy against major diseases, in addition to the mortgage reduces by about 7.3% while for individual critical illness cover the reduction of 5.7%. The changes mean that a woman accused of smoking at age 30 following years of age, [...]
Women are beginning to food as a permanent rather than short terms of time
PruHealth conducted research showing that British women, far from succumbing to short-term diet fads tend to be long-term changes in lifestyle to try to get leaner. More than two thirds of women start food earlier this year, one third of them said, in a continuous process, an interim step, however. The main reason for a [...]
Specialist insurance vital for “health tourists”
The Post warns against so-called health tourists, who need to complete a special travel insurance before going abroad for medical treatment. The number of Britons taking advantage of faster processing and less expensive abroad has increased by about 30% annually, with more than 70,000 people choose to have cosmetic surgery or medical treatment abroad eclectic [...]
Friends Provident withdraws scary safety net promotions
Friends Provident has been criticized by the Advertising Standards Authority (ASA) for sending promotional letter that could be confused with the results of medical examinations. The marketing material sent to 10,000 people in a brown envelope that looked so sent files containing the results of medical tests or hospitals. X The application was declared film-Ray, [...]
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