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Daily NewsFlash : August 18, 2009


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8/18/2009

White House Attempts to Clarify Position on Government-Sponsored Health Plan

Yesterday, in the aftermath of comments by Health and Human Services Secretary Kathleen Sebelius that seemed to contradict President Barack Obama�s desire for including a public insurance option as ...

Hacker Charged with Biggest Credit Card ID Theft in U.S. History

The biggest credit card identity theft every recorded in U.S. history is the crime charged to 28-year-old Albert Gonzales, a hacker who had once worked with the U.S. Secret ...

Hurricane Bill On the Move, Buffets Atlantic Coast

Hurricane Bill, the first hurricane of the 2009 Atlantic season, revved up quickly as it headed toward Bermuda yesterday, while the remnants of Tropical Storm Ana posed a waning threat to the U.S. ...

AIG's Benmosche Gets $7 Million Salary, Treasury Department Approves

Robert Benmosche, the new president and CEO of American International Group, Inc., will receive an annual salary of $7 million, plus long-term incentives amounting to as much as $3.5 million a year ...

Housing Starts in U.S. Fell on Multi-Family Units

Housing starts in the U.S. unexpectedly fell in July, pulled down by multifamily dwellings, while single-family starts which make up most of the industry rose to the highest level since October. ...

AIG Sale of Taiwan Insurance Unit Not Going Smoothly

A rich asking price could once again sink AIG's plan to sell its Taiwan insurance unit after an attempt at a sale earlier this year met a similar fate.

For the second time this year, ...

A.M. Best Special Report: Weak Margins Threaten Survival of Smaller, Not-for-Profit Hospitals

According to a special report released by A.M. Best, insufficient attention to the bottom line is making it difficult for many small and midsize not-for-profit hospitals to effectively carry out ...

HMOs Beat PPOs on Cost, Customer Support and Billing Services, Survey Says

A Consumer Reports survey of consumers who rated and made side-by-side comparisons of 35 HMOs and 41 PPOs suggests that some consumers are indeed ready for change when it comes to health care, based ...

New Technology May Boost Damage Payments for Rental Cars

Drivers may not have to worry much longer about proving that the dent in the rental car they're returning was there when they got the car. Hertz Global Holdings Inc. is testing photographic ...





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