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Faces of Health Care Debate Point to New Law's Complexity New York Times

Natoma Canfield of Medina, Ohio, sent a letter to President Obama about no longer being able to afford her health coverage, and he read it aloud to a group of insurance executives at the White House. Then Ms. Canfield learned she had leukemia, helping Mr. Obama illustrate the life-and-death stakes of the often mind-numbing policy fight.

Marcelas Owens , an 11-year-old boy from Seattle, whose mother could not get some treatment for lack of insurance and died at age 27 from pulmonary hypertension , met Senator Patty Murray , Democrat of Washington, at a rally and ended up by the president’s side at the bill-signing ceremony. “I don’t want any other kids to go through the pain our family has gone through,” Marcelas said.

And Molly Secours, a filmmaker from Nashville, who battled uterine cancer , nearly lost her home because of medical bills — even though she had health insurance . Told that she would need a radical hysterectomy , chemotherapy and radiation treatment, Ms. Secours said, “I was consumed with the fear that I’ll have to declare bankruptcy.”

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Beneficial Life To Stop New Policies; Ratings Slashed
Standard & Poor's Ratings Services slashed Beneficial Life Insurance Co. to junk territory in the wake of the company sending a letter to policyholders Tuesday saying it won't accept applications for new life-insurance and annuity products as of Aug. Beneficial Financial bowing out of insurance business Beneficial Financial Group cuts 150 of its 214 Utah jobs Utah-based insurance company downsizing

NY Regulator Says Existing Insurance Controls Are Adequate
Dinallo and others said insurance companies generally have enough money set aside to pay potential claims. Even life insurers that applied for Treasury capital did so to boost ratings or for reasons other than paying claims, he said. NY Regulator: Federal Insurance Plan Gets It Right

Mortgage Insurers Lead Insurer Segment Down
The Dow Jones Insurance Index (DJUSIR-DJX) was up 5 cents in recent trading, while the Dow Jones Life Insurance Index (DJUSIL-DJX), which is more sensitive to the mortgage market, was off 1.1% in recent trading. MGIC said Wednesday that it is

Treasury weighs next move amid signs of global recession - Fort Worth Star Telegram
Treasury weighs next move amid signs of global recession - Fort Worth Star Telegram Boston GlobeTreasury weighs next move amid signs of global recessionInsurance also got attention from another regulator on Friday. The Federal Deposit Insurance Corp. sought comment on a plan to begin providing deposit insurance up to $250000 for accounts involving loan servicers who collect mortgage payments on behalf Lawmaker pushes insurance office as part of financial regulatory

Text of President Obama's remarks on financial regulation
Text of President Obama's remarks on financial regulation Telegraph.co.ukEven today, folks signing up for a mortgage, student loan, or credit card face a bewildering array of incomprehensible options. Companies compete not by offering better products, but more complicated ones, with more fine print and hidden terms. Video: Obama's Plan For Financial Regulation - Bloomberg Obama Seeks Financial Rules to Curb Excesses Obama wants shield for consumers  -