Partisan Confusion

March 29th, 2012

Outside the Supreme Court While the Mandate is Debated

I was standing outside the U.S. Supreme Court holding a sign that said It was the second day of argument on the Affordable Care Act. As I watched the crowds it was evident this was an organized partisan event.

As the Washington Post reports, that originated with conservatives: “The tale begins in the late 1980s, when conservative economists such as Mark Pauly, a professor at the University of Pennsylvania’s Wharton School of business, were searching for ways to counter liberal calls for government-sponsored universal health coverage. Pau

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Job Searches Taking Less Time For Boston Area Execs

March 29th, 2012

Boston Boston area executives and managers who have been laid off from their jobs are finding new employment 24% faster than a year ago, according to ClearRock (), an outplacement and executive coaching firm headquartered in Boston.

The executives and managers found employment in an average of 16.5 weeks in the past three months — or 24% faster than the average of 21.6 weeks it took them to find new employment in the same period a year ago.

Industries in which they are finding the most jobs are biotech, pharmaceutical, higher education, financial services, and advertising, according to ClearRock.

Networking is the top way in which the executives and managers are finding new employment.

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Tags: Area, Boston Area

Michigan to help lower income drivers get insurance

March 18th, 2012

Many people are struggling financially in Detroit and other areas of Michigan. On average, drivers in the city of Detroit pay approximately $4,500 a year for their auto insurance premiums. This is the city with the most expensive premiums in the entire United States.

Politicians have decided to take action and help poorer people be able to afford their car insurance premiums. This will help them avoid breaking the law and operating a motor vehicle while uninsured.

The measure is being introduced by a man named State Senator Virgil Smith. Drivers who make less than $32,000 and have a clean driving record and have a car that is worth $20,000 or less would be able to have their car insurance premiums slashed to about $1,000.

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Tags: Insurance

US insurer CNA to buy Hardy for £143m

March 18th, 2012

Beazley out of the running as CNA pays a premium to snag Hardy

US insurance group CNA Financial has agreed to buy loss-making Lloyd’s insurer Hardy for £143m.

CNA will pay Hardy shareholders 280p per share in cash for the insurer. The closing price for Hardy’s stock yesterday was 204.25p, but it has since surged to 277p.

Hardy’s net tangible asset value per share for 2011 was 183.5p following heavy catastrophe losses, which pushed the firm into a £41.2m loss before tax during the year. Its 2010 net tangible assets were 270p, which still means CNA will pay a premium to buy the firm.

“Hardy is a specialist insurer and reinsurer with a respected brand and a long and distinguished history of disciplined underwriting in the Lloyd’s market,” CNA chief executive Thomas Motamed said in a statement. “While Hardy’

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Tags: £143m

Search for Suitable Boiler Insurance Coverage for Maximum Benefits

March 16th, 2012

Domestic boilers face maximum usage during the winter season. While facing such immense pressure, there is always a chance of the device’s sudden breakdown. With the fall of winter, it is always advisable to opt for a suitable boiler insurance policy that will cover the entire functionality of boiler. It will be great if you find a policy that covers the entire heating system that you have installed within the house. If you have a proper insurance policy, then during any breakdown of the device, money as well as time will be saved in the repairing process. There will be no requirement for finding a mechanic to carry out the repairing process. Every single problem will be handled in the most effective way by the insurance agency. <

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Tags: Maximum, Maximum Benefits