Young couples should get life insurance (Boston Herald)

I’m 25 and getting married soon. When do you think the right time to purchase life insurance is and how much should I get? I would recommend that you have some form…

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Insurance chief says AIG bailout was unavoidable (Reuters via Yahoo! News)

Washington policy-makers had no choice but to rescue American International Group Inc after a dramatic investor crisis left the giant insurer starved for cash, New York insurance chief Eric Dinallo told lawmakers on Tuesday.

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Sector Snap: Insurance companies tumble (AP via Yahoo! Finance)

Shares of insurance companies mostly tumbled Monday afternoon along with the broader market as investors fears grew that the ongoing credit crisis will dampen economies globally.

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FDIC chair: Higher insurance to boost confidence (AP via Yahoo! Finance)

The head of the FDIC says the new increase in federal deposit insurance limits will not solve all banking industry ills but will bolster public confidence in banks’ safety. And she said a resolution was near in the legal tussle between Citigroup and Wells Fargo over which one will buy Wachovia.

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Satisfaction gap with home, car insurance widens (AP via Yahoo! Finance)

Consumers are growing more satisfied with their auto insurance, but not so with their homeowners insurance, a survey by J.D. Powers and Associates shows.

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Trustco latest to join banks seeking revenue bump through insurance sales (BizJournals)

Trustco Bank has added insurance to its product mix. The Glenville-based thrift has formed a new subsidiary, Trustco Insurance Agency Inc., and struck a deal with the Optimus Group LLC, a Clifton Park financial planning and insurance firm.

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Germany raises health insurance contributions (Deutsche Welle)

Lawmakers in Germany’s ruling coalition have agreed to plans to increase compulsory contributions to state health insurance. Healthcare payments will be increased from the current 14.9 percent of gross wages to 15.5, while workers will pay 0.5 percent less toward unemployment funds.

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Poll: Workers worry about jobs and health insurance payments (BizJournals)

More than half of American workers are worried about finding a new job if they become unemployed, and many are concerned about their ability to pay for health insurance, according to a new poll.

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Ping An Insurance Falls in Hong Kong on Fortis Investment Loss (Bloomberg)

Oct. 6 (Bloomberg) — Ping An Insurance (Group) Co. , China’s second-largest insurer, fell the most in a week in Hong Kong trading after saying it will take a charge on losses from its investment in Fortis.

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Chew on prices, coverage when considering pet insurance (Los Angeles Times)

Your bank account and level of attachment to your pet are key factors when pondering whether insurance is worth it. Justin and Brandy Besemer were newly married and trying to pay off their wedding debt when they decided their family needed a dog — an American Bulldog named Kaila.

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