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NEWS
October 12, 2010
The typical American spends about $317,000 over his or her lifetime in medical costs, with 60% occurring after the age of 65. By comparison, people with autism spend nearly twice as much, with 60% of the costs starting after the age of 21. The figures were part of a study, "The Lifetime Distribution of the Incremental Societal Costs of Autism. " The nonprofit organization Talk About Curing Autism estimates the annual cost of treating a child with autism this way: $11,250 for speech therapy, $11,250 for occupational therapy, and $59,400 for behavior analysts and therapists for a total of $81,900.
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BUSINESS
June 9, 2006 | From Bloomberg News
A Nasdaq Stock Market Inc. subsidiary is warning public companies that probes into possible manipulation of executive stock options might push up the cost of insuring their executives and board members against lawsuits. Carpenter Moore, a division of Nasdaq Insurance Agency that acts as an insurance broker for companies on the exchange, said in an undated memorandum that some insurers were already seeking to limit their liability under so-called directors' and officers' coverage.
REAL ESTATE
May 2, 2004 | From Times wire reports
Many Southern California homeowners who thought they were fully insured against natural disasters have discovered after October's wildfires that their policies left them shortchanged -- in some cases, hundreds of thousands of dollars shy of what they need to rebuild.
SPORTS
April 28, 2004 | Alan Abrahamson, Times Staff Writer
The International Olympic Committee has taken out insurance for the first time against cancellation of the Games because of war, terrorism or a natural disaster such as an earthquake, officials said Tuesday. The IOC said it acquired a $170-million policy for the 2004 Summer Games, which begin Aug. 13 in Athens and have been dogged by construction delays and security concerns. Associated Press reported that the policy cost $6.8 million.
BUSINESS
September 6, 1990
Bondholders of bankrupt American Continental Corp. filed a class-action lawsuit Wednesday to seek a court order enforcing insurance policies that 21 carriers provided for the directors and officers of the company and its primary unit, the failed Lincoln Savings & Loan in Irvine. The bondholders already have filed more than 15 lawsuits against the company and thrift seeking the return of about $200 million in investments.
BUSINESS
January 24, 1993
A recent Los Angeles Times article, "Big Insurers Cast Wary Eye on Clinton's Health Plans" (Dec. 7), erroneously reported that Phoenix Home Life does not support President Bill Clinton's health care reform proposals. In fact, Phoenix Home Life has a significant area of agreement with many of the views expressed by the President. In working out the details necessary to achieve true health care reform, we need to be mindful of the impact of each and every proposal on the ultimate users of the system, the consumers.
NEWS
May 13, 1992 | LYNN SIMROSS
If you're shopping for renter's insurance, be sure to: 1. Make a detailed inventory of your household goods and personal possessions, estimating the value of each. Note prices and dates of purchase where possible. Keep a copy of your list, including store receipts and photographs of items, in a safe place away from home. 2. Obtain quotes from several insurers, comparing costs, quality and coverage, as premiums vary widely. 3.
NEWS
April 6, 2011 | By Marissa Cevallos, HealthKey
The flat-head look that more young children have been sporting has long been attributed to recommendations that babies be put to sleep on their backs. But researchers thought that a spike in such cases in Texas infants warranted a closer look. And they found that the cause was more complex. Researchers from the Texas Department of State Health Services looked in the Texas Birth Defects Registry to identify cases of plagiocephaly, a fancy word for a deformed skull. They found that between 1999 and 2007, the number of cases skyrocketed from 3 cases per 10,000 births to 29 per 10,000 births, an increase of 21% per year on average, the researchers reported online Monday in Archives of Pediatrics and Adolescent Medicine. The largest increase was in the Dallas-Fort Worth area.
BUSINESS
February 2, 2000 | JUAN HOVEY
If you're like many business owners, you embrace technology for the efficiencies it can bring to your operations--and you worry about keeping abreast of it. Your insurance broker should worry, too, because if your business coverage lags behind the pace of technological change, it may cost you more than necessary, and in a worst-case scenario it could land you in a fight with your carrier. Why?
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