A new health insurance program for that part of the populace which suffers from any chronic condition is set to begin from the coming month.

The Managed Risk Medical Insurance Board that is managed by the state is going to start taking in applications for the fund in the concluding parts of the month.

The competition watchdog has announced to seek consultation from market participants on National Australia Bank Ltd's proposal. It has reportedly granted a two week time to market participants for posting their decision on the same.

The British car insurance provider, Automobile Association (AA), has announced some figures of the number of pedestrians using iPod while crossing the street, warning the drivers about the recently detected spread of the ‘iPod zombie pedestrians’ phenomenon.

If the words of Robert H. Benmosche, Chief of AIG, are to be believed then the insurance company is all set to pay back the federal debt that it took during the time of recession.

Talking to media, Robert said that AIG has posted financial results which suggest that it has been making progress which is noteworthy and that it is in a position to pay back all the taxpayers money that was given to it.

OnePath will be the new name for ANZ Banking Corp Ltd.’s ING i. e., specialist funds management and life insurance business in Australia and New Zealand. According to the ANZ Chief Executive, Philip Chronican, this move is needed for coming up with more distinctive options for customers after complete ownership of the ANZ and Dutch-owned ING wealth joint ventures in the month of November 2009.

Some inadvertent results of the Government's initiative to increase the goods and services tax to 15 %from 12.5 %have been addressed by New Zealand Revenue Minister Peter Dunne. The changes will be commencing from October 1.