Maybe They Should Just Stick to Cash

February 3, 2010, 9:23 am

From a front page article in today’s WSJ (bold mine): Norfolk County, Mass., has only a small pension fund, but it is a big player in court. Two weeks ago, the fund joined with two others in a shareholder suit against drugstore chain CVS Caremark Corp., whose stock had fallen. It was the 12th...

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The Middle Class Will Face Tax Increases Too

February 2, 2010, 2:23 pm

Don’t have time to discuss but thought this was an interesting piece by Terri Cullen: Backdoor Taxes to Hit Middle Class.

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What Are Your Thoughts On These Proposed 401(k) Changes?

February 2, 2010, 9:24 am

Interesting article on Obama’s plans for retirement savings programs. I want to focus on the proposed changes for 401(k) plans (from the article). The proposed 401(k) Fair Disclosure and Pension Security Act, for example, would: • Require 401k plans to disclose fees on workers’ quarterly...

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Diabetes and Pre-Diabetes Cost the U.S. $218 Billion in 2007: En Route to $336 Billion by 2034

February 3, 2010, 12:00 pm

A study commissioned by healthcare company Novo Nordisk has reported that the cost of diabetes and pre-diabetes to the U.S. economy in 2007 was $218 billion. The study, conducted by The Lewin Group, projected that by 2034, the two conditions will cost the economy $336 billion per year. Read more...

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Scared of Lows

February 3, 2010, 9:00 am

Dear Diabetes Health, I'm 26 years old and engaged to a woman I've known since college.  We live together, love each other, and have good sex, but now I'm having doubts. A year ago, she was diagnosed with type 1 diabetes. She started taking insulin, and it has been rough. Four times now she has...

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UK Study Says Bisphenol A (BPA) Is Connected to Increased Risks for Diabetes and Coronary Heart Disease

February 2, 2010, 9:00 am

A study by researchers at the universities of Exeter and Plymouth in the United Kingdom says that Bisphenol A-BPA-a chemical commonly used in plastic packaging and products, is associated with an increased risk of diabetes and coronary heart disease. Read more...

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Press Release - Severe complications of diabetes higher in depressed patients

February 1, 2010, 7:00 pm

Depression raises risks of advanced and severe complications from diabetes, according to a prospective study of Group Health primary-care patients in western Washington. These complications include kidney failure or blindness, the result of small vessel damage, as well as major vessel problems leading...

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Novo, Upping the Ante in the Race for an Oral GLP-1 Drug, Tests a Pill Version of Victoza

February 1, 2010, 1:00 pm

Denmark-based Novo Nordisk has begun a Phase 1 trial of a pill form of a GLP-1 drug very similar to its Victoza product. The trial will involve  155 British patients with type 2 diabetes. The test on human subjects, although very early-stage,  puts the company in the lead to develop an oral...

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Hawaii Could Tap Hurricane Fund to Fund School Education

February 3, 2010, 12:37 pm

Hawaii is closer to tapping its Hurricane Relief Fund to help balance the state budget and resolve teacher furloughs, as a legislative committee advanced a bill that would appropriate $50 million ...

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North Carolina Assisted Living Center Owners Avoid $1.2 Million Liability

February 3, 2010, 11:33 am

The owners of a North Carolina assisted living home have declared bankruptcy and could escape responsibility for what a judge called a pattern of neglect by under-trained and understaffed ...

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Agents Honor Texas House Speaker with Leadership Award

February 3, 2010, 11:32 am

The Independent Insurance Agents of Texas (IIAT) on Feb. 2 presented its 2010 Independent Leadership Award to Joe Straus III, speaker of the Texas House of Representatives. Speaker Straus was ...

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Ratings Recap: Mass. Homeland/York, Rockhill, Paratransit, MGA,

February 3, 2010, 11:27 am

A.M. Best Co. has placed the financial strength ratings of 'A' (Excellent) and issuer credit ratings of “a” of  Massachusetts Homeland Insurance Company and York Insurance Company ...

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California Evaluates Continuous Coverage Discount

February 3, 2010, 11:21 am

A California voter initiative that will appear on the June 8, 2010, ballot aimed at rewarding drivers who have had insurance for some time to be eligible for a “persistency discount,” ...

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Ratings Roundup: Validus (Notes), South China

February 3, 2010, 11:13 am

A.M. Best Co. has assigned a debt rating of “bbb-” to the recently issued $250 million 8.875 percent senior unsecured notes, due 2040 of Bermuda's Validus Holdings, Ltd., and has ...

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Last Chance: Young Insurance Agents Survey

February 3, 2010, 11:02 am

Young insurance agents, 40-and-younger, what are you thinking? Young property/casualty insurance agents and brokers across the U.S. are being called upon to answer some questions ... and have some ...

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Oklahoma Insurance Commissioner to Run for Re-Election

February 3, 2010, 11:01 am

Oklahoma Insurance Commissioner Kim Holland says she is seeking re-election this fall. Holland was appointed to the post by Gov. Brad Henry in January 2005 and in 2006 became the first woman ...

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A.M. Best Revises Outlook to Positive for MGA Insurance Co., Gainsco

February 3, 2010, 11:00 am

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B (Fair) and issuer credit rating (ICR) of “bb+” of MGA Insurance Company ...

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Louisiana Agent Accused of Insurance and Bank Fraud

February 3, 2010, 10:56 am

The Louisiana Department of Insurance says a Baton Rouge agent has been served with two cease and desist orders, and two fine notices, for alleged insurance fraud, bank fraud, issuing worthless ...

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Marsh & McLennan Agency Acquires Midwest-Based Haake Cos.

February 3, 2010, 10:51 am

Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., has acquired Haake Companies, a large independent insurance agency headquartered in Overland Park, Kan. Terms of the ...

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Ohio: Average Payout Per Medical Professional Liability Claim Is $252.5K

February 3, 2010, 10:45 am

In its fourth annual Ohio Medical Professional Liability Closed Claim Report the Ohio Insurance Department shows a total of 3,080 medical professional liability claims were closed in 2008. The ...

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Iordanou Named New York Regional Branch Manager for Allied World

February 3, 2010, 10:39 am

Allied World Assurance Co. has named Theana Iordanou as vice president and New York regional branch manager. Iordanou will be responsible for managing profit and loss for the New York region and ...

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Willis Names Wood Interim CFO

February 3, 2010, 10:18 am

Willis Group Holdings plc announced that Stephen E. Wood, the company’s Global Group Financial Controller, has been named interim Chief Financial Officer. The appointment is effective with ...

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OneBeacon Selling Personal Lines Business to Tower Group

February 3, 2010, 9:20 am

Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance ...

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CORRECTING and REPLACING Vita Coco, Best-Selling Coconut Water Brand Poised for Major Growth in 2010

February 3, 2010, 8:26 pm

Madonna and other Major Talent Invest in Vita Coco, Best-selling Coconut Water Brand in U.S.

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Die BIO-Europe Spring® 2010 macht Barcelona im März zur Drehscheibe für neue Partnerschaften in der Biotech-Branche

February 3, 2010, 8:06 pm

ZÜRICH & BARCELONA, Spanien--(BUSINESS WIRE)--Marktführer der globalen Biotech-Industrie treffen sich zur 4. jährlichen BIO-Europe Spring ® -Partnering-Konferenz in Barcelona, Spanien, die vom 8. bis zum 10. März im Tagungszentrum CCIB stattfinden wird. Die Veranstaltung wird mehr...

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BIO-Europe Spring® 2010 fera de Barcelone au mois de mars prochain une plaque tournante pour les affaires dans le secteur des biotechnologies

February 3, 2010, 8:03 pm

Zurich et Barcelone, Espagne--(BUSINESS WIRE)--Les chefs de file du secteur mondial des biotechnologies se réuniront à Barcelone, en Espagne, du 8 au 10 mars prochain à l'occasion de la 4e conférence annuelle de partenariat BIO-Europe Spring® qui se tiendra au Palais des Congr...

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Samenvatting: Door BIO-Europe Spring 2010 is Barcelona de spil in biotech-deals in maart

February 3, 2010, 8:02 pm

ZURICH & BARCELONA, Spain--(BUSINESS WIRE)--Leiders uit de internationale biotechnologische markt komen van 8-10 maart bijeen voor het vierde jaarlijkse BIO-Europe Spring partneringcongres in Barcelona, Spanje. De locatie van het congres is het CCIB’s Convention Centre. Er zullen ruim 1.500 managers...

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RainDance Technologies ernennt S. Roopom Banerjee zum President und Chief Executive Officer

February 3, 2010, 8:00 pm

LEXINGTON, Massachusetts--(BUSINESS WIRE)--RainDance Technologies Inc., das führende Unternehmen in den Bereichen Sequenzanreicherung und Einzelzellanalyse, gab heute bekannt, dass das Board of Directors Sirshendu Roopom Banerjee zum President und Chief Executive Officer ernannt hat. RainDance...

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S. Roopom Banerjee sarà il nuovo presidente e CEO di RainDance Technologies

February 3, 2010, 7:57 pm

LEXINGTON (Mass., USA)--(BUSINESS WIRE)--RainDance Technologies Inc., azienda leader nell'arricchimento sequenziale e nell'analisi delle singole cellule, ha oggi annunciato che il consiglio di amministrazione ha nominato presidente e CEO (Chief Executive Officer) Sirshendu Roopom Banerjee. RainDance...

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RainDance Technologies nomme S. Roopom Banerjee au poste de Président directeur général

February 3, 2010, 7:55 pm

LEXINGTON, Massachusetts--(BUSINESS WIRE)--RainDance Technologies Inc., la société leader de l'enrichissement de séquences et de l'analyse unicellulaire, a annoncé aujourd'hui que le Conseil d'administration de la société avait nommé Sirshendu Roopom Banerjee au poste...

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