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Finance/Taxes

California Workers' Compensation Reforms Will Cut Costs by $300M Annually: Fitch

September 21, 2012
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S.B. 863 was signed into law Sept. 18 and takes effect Jan. 1. It is expected to boost permanent disability benefits for injured workers while implementing several measures to help reduce comp costs for insurers and employers.
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Middle-Income Americans Wing It on Financial Decisions

September 18, 2012
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About 67 percent of people with household annual income between $30,000 and $100,000 have made at least one 'really bad financial decision.' Those stumbles cost families an average $23,000.
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California Workers' Comp Reform Measure Signed Into Law

September 18, 2012
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California Gov. Edmund G. Brown Jr. signed workers' compensation reform legislation into law Sept. 18, saying the law will reverse a four-year trend of rate increases.
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Temp Bill Rates May Be Back on Rise

September 14, 2012
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The IQNdex's August reading of 105.9 is up 0.7 percent from July and up 1.2 percent from three months ago. The increases compare to the entire 12 months ended in May when the IQNdex rose by less than 1 percent.
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Group Health Insurance Premiums See Moderate Increase in 2012: Survey

September 11, 2012
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The survey of more than 2,000 employers found that the premium for family coverage rose an average of 4 percent, increasing to $15,745 this year.
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Single Fiduciary Standard From SEC, DOL Would Create Multiple Problems, Says Consultancy

August 24, 2012
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The financial industry and members of both parties of Congress have urged the agencies to combine their efforts and “harmonize” the controversial rule making in order to produce consistent guidance for investment firms.
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Papa John's CEO Says Health Care Reform Law Will Increase Price of Pizza

August 9, 2012
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In its most recent annual report, Papa John's International Inc. warned of higher costs due to the health care reform law.
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Senate Panel Approves Bill to Increase Mass Transit Contribution Tax Break

August 7, 2012
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The provision is included in a broader bill, the Family and Business Tax Cut Certainty Act, approved Aug. 2 by the Senate panel on a 19-5 vote.
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SEC Names Insider Trading Suspect in Staffing Firm Deal

July 27, 2012
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Ladislav 'Larry' Schvacho made approximately $511,000 in illicit profits using insider information, the Securities and Exchange Commission reported.
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