January 2010

Toyota’s vehicle recall puts reputation at risk

Posted on January 31, 2010 at 11:24 pm in

While the financial losses from Toyota Motor Corp.’s recent recalls aren’t yet clear, experts say the company must work hard to protect a vital asset—its reputation.

Obama urges new financial regulations

Posted on January 31, 2010 at 11:24 pm in

President Barack Obama’s comments on financial services regulatory reform during his State of the Union address may do little to push the issue forward, some insurance industry observers say.

Health care lull may open way for pension funding relief

Posted on January 31, 2010 at 11:24 pm in

WASHINGTON—As congressional interest in passing comprehensive health care reform wanes in favor of measures to boost the economy and reduce the unemployment rate, one beneficiary could be legislation to temporarily ease pension plan funding rules.

Stanford D&O insurers must pay defense costs

Posted on January 31, 2010 at 11:24 pm in

HOUSTON—Insurers for directors and officers accused by federal authorities of operating a billion Ponzi scheme must pay defense costs for the criminal defendants, a federal judge has ruled.

Regulations clarify mental health parity act

Posted on January 31, 2010 at 11:24 pm in

WASHINGTON—Employers would no longer be permitted to require separate deductibles for mental health and medical treatment under new proposed parity rules issued last week by the departments of Health and Human Services, Labor and the Treasury.

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