October 11, 2014 |
HARRISBURG - No new laws are likely to be passed this year to permit "ride-share" companies such as Uber and Lyft to operate in Pennsylvania, legislators said Thursday after a state House committee hearing on the issue. And the panel's chairman said he would support efforts to remove Philadelphia from any statewide regulation, because the Philadelphia Parking Authority regulates taxis and limousines in the city. In the rest of the state, the Pennsylvania Public Utility Commission regulates cabs and other for-hire vehicles.
August 28, 2012 |
CHICAGO - The nation's most influential pediatricians group says the health benefits of circumcision in newborn boys outweigh any risks and insurance companies should pay for it. In its latest policy statement on circumcision, a procedure that has been declining nationwide, the American Academy of Pediatrics moves closer to an endorsement but says the decision should be up to parents. "It's not a verdict from on high," said policy co-author Andrew Freedman. "There's not a one-size-fits-all answer.
July 6, 2013 |
In a lawsuit with big implications for state utility customers, Public Service Enterprise Group and three of its subsidiaries accused 10 insurance companies of shortchanging them $456 million for damage to their power grid. Insurers say they will cover only $50 million in payouts, arguing that policies restrict reimbursements above that amount in specific flood zones. PSEG and its subsidiaries filed a lawsuit June 18. Utility customers could end up paying the bill to repair the infrastructure if the court upholds the insurance companies' view.
July 12, 2007 |
Sidney Grossman, 91, who after a near-fatal accident while in his mid-20s was inspired to go into the insurance business, died June 29 in Carolinas Medical Center in Charlotte, N.C., of complications after a fall. Mr. Grossman had homes in Northeast Philadelphia, Medford Lakes, and Ocala, Fla. Mr. Grossman learned to work hard as a child and kept his work ethic throughout his life. From age 5, Mr. Grossman worked with his parents and five siblings in the family's deli at 40th Street and Girard Avenue.
February 2, 1988 |
Just as New Jersey motorists begin paying a new $66 surcharge on their cars, controversy has flared over whether insurance companies were allowed to charge too much money to issue policies through the state's auto-insurance fund. The state's Public Advocate's Office and a state assemblyman who has specialized in insurance matters say that companies were allowed to collect higher-than-necessary fees and that the money could have been used to offset the need for the $66 levy. "Tens, if not hundreds, of millions of dollars would have been available," Deputy Public Advocate Donald W. Bunda wrote the Insurance Department earlier this month.
October 4, 1990 |
In the midst of his campaign for re-election, Gov. Casey yesterday embarked on a second campaign, this one to sell motorists on the state's new auto-insurance law and to prod insurance companies to help drivers save money. Casey announced in Pittsburgh that he was sending letters to the presidents of the state's 231 insurance companies, urging them to educate motorists who are confused about the new law and who are being bombarded with "misleading" information by opponents of the law. The governor's letter criticized trial lawyers for trying to discourage motorists from selecting a type of no-fault insurance that will save them the most money.
March 22, 1988 |
A group of Philadelphia lawmakers disclosed yesterday that they had formed their own auto-insurance company designed to lower the price of coverage for city residents. But one member of the group, Rep. Ralph Acosta, conceded that a similar company that he and other lawmakers promoted last year was later determined by the state Insurance Department to be a "fictitious insurer. " Acosta said he was serving as a board member with the new company, Futura Mutual Insurance Co., because "we've got to keep finding ways to help the people of the city.
March 10, 2014 |
David Decker had all the signs. He often missed things that actors said on TV. Hearing in crowds was a challenge. And when he came home each day from work in a noisy data center, where cooling fans whirred nonstop, his wife would tell him he talked too loudly. Why not get hearing aids? A big reason: the cost. Decker, 70, of Northeast Philadelphia, learned what millions of aging baby boomers are starting to discover. High-end devices can cost $6,000 a pair, and most insurance plans cover a fraction of the cost at best.
October 10, 1989
Every Pennsylvanian has a stake in the insurance industry's bid for a 28 percent increase in premiums for workers' compensation - which covers job- related illness and injuries. Such a big increase, costing employers nearly $700 million more in the next year, would hurt the state's competitiveness. Yet workers, who never know when they might need this coverage for health care and lost income, must be sure that the system stays on a sound financial basis. Right now, these vital interests must be balanced by Insurance Commissioner Constance B. Foster in her rate decision.
March 3, 1986 |
A Havertown businessman, who needs larger quarters for his growing insurance company, has told the Haverford school board that he is interested in purchasing the vacant Llanerch School for offices. Walter Lenhard, owner of Continental Life Insurance Co. at 812 Darby Rd., told the board on Feb. 24 that the school, also on Darby Road, would be a fitting location for his company. The company sells insurance and performs computer work for other insurance companies. "It would be a very attractive building and an asset to the neighborhood," Lenhard said in an interview later.