Saturday, March 3, 2012

In Brief.

Terrorism insurance market improved

The availability and affordability of terrorism risk insurance provided by the private sector has improved since 2006, according to a report prepared by the President's Working Group on Financial Markets. The report said terrorism insurance takeup rates among commercial policyholders have remained basically flat at 60% since 2006.

'Mini-med' health plan waivers top 700: HHS

The Department of Health and Human Services has approved more than 700 one-year waivers for "mini-med" and other limited benefit health plans, exempting them from meeting a key requirement of the federal health care reform law. As of last week, HHS said it had approved a total of 733 waivers, up from 222 waivers that had been approved as of Dec. 3, 2010. In all, the waivers affect plans with about 2.2 million enrollees, HHS said.

AIG unaware of credit default swap risks: Panel

Senior executives of American International …

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