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5 things to know about permanent life insurance
1. It's more coverage than most people need
money.cnn.com 2010-03-16
The First American Corporation Announces Intent to Acquire Minority Ownership of First American CoreLogic (PR Newswire)
The First American Corporation , America's largest provider of business information, today announced that it has executed a letter of intent to acquire the minority ownership of First American CoreLogic. Â
us.rd.yahoo.com 2010-03-16
Ambac Announces Delay in Filing Annual Report on Form 10-K (Business Wire)
NEW YORK----Ambac Financial Group, Inc. filed today a Form 12b-25 notification of late filing with the Securities and Exchange Commission in connection with its Annual Report on Form 10-K for the year ended December 31, 2009.
us.rd.yahoo.com 2010-03-16
The First American Corporation Announces Chief Executive Officer and Chief Financial Officer Appointments for Its Information Solutions Group (PR Newswire)
The First American Corporation , America's largest provider of business information, today announced the appointments of Anand K. Nallathambi as chief executive officer and Buddy Piszel as chief financial officer of the company's Information Solutions Group.
us.rd.yahoo.com 2010-03-16
Ambac Financial puts off releasing earnings report (AP)
Troubled bond insurer Ambac Financial Group Inc. on Tuesday delayed filing its fourth-quarter and full-year financial results.
us.rd.yahoo.com 2010-03-16
Montpelier Re Holdings Ltd. to Release First Quarter 2010 Results on April 27, 2010 (Business Wire)
HAMILTON, Bermuda----Montpelier Re Holdings Ltd. expects to release its first quarter 2010 results after the market close on April 27, 2010.
us.rd.yahoo.com 2010-03-16
Montpelier Re Holdings Ltd. Announces Quarterly Dividend (Business Wire)
HAMILTON, Bermuda----The Board of Directors of Montpelier Re Holdings Ltd. has declared a quarterly dividend of $0.09 per Common Share. The dividend is payable on April 15, 2010 to all of the shareholders of record as of March 31, 2010.
us.rd.yahoo.com 2010-03-16
AIG Closes Secondary Public Offering of Shares in Transatlantic Holdings (Business Wire)
NEW YORK----American International Group, Inc. today announced that it has closed the previously announced secondary public offering of 8,466,693 shares of Transatlantic Holdings, Inc. common stock owned by American Home Assurance Company , a subsidiary of AIG, for aggregate gross proceeds of approximately $452 million.
us.rd.yahoo.com 2010-03-16
Transatlantic Holdings, Inc. Announces Closing of Stock Repurchase and Secondary Public Offering of AIG's Interest (Business Wire)
NEW YORK----Transatlantic Holdings, Inc. announced today the closing of its previously announced repurchase of 2 million of its shares for an aggregate purchase price of approximately $105 million from American Home Assurance Company , a subsidiary of American International Group, Inc. in the Offering pursuant to a stock offering agreement.
us.rd.yahoo.com 2010-03-16
AIG closes Transatlantic Holdings public offering (AP)
Insurer American International Group Inc. said Monday it closed a secondary public offering of Transatlantic Holdings Inc. for about $452 million.
us.rd.yahoo.com 2010-03-16
BarCap struck as lights went out at Lehman (at FT.com)
The 31st floor of Lehman Brothers' Times Square headquarters was a haven of dealmaking, power-broking and palace intrigue.
us.rd.yahoo.com 2010-03-16
CNA Appoints Stephen Clark Vice President of Its Ocean Marine Operation (Business Wire)
CHICAGO----CNA announced Stephen Clark as vice president of its Ocean Marine operation. In this role, Clark has responsibility for the global insurer’s entire ocean marine line of business, including Hull, Marine Liabilities, Protection & Indemnity and Cargo.
us.rd.yahoo.com 2010-03-16
OneBeacon Insurance Encourages Businesses to Protect Against Flood Damage (PR Newswire)
As spring rains arrive and accumulated winter snow melts, many areas of the United States may experience significant flooding. OneBeacon Insurance urges business owners to take proactive steps to protect their property, employees and operations from floods through the following actions:
us.rd.yahoo.com 2010-03-16
A.M. Best Withdraws Ratings of Century Reinsurance Company and Brandywine Group Due to Legal Entity Merger (Business Wire)
OLDWICK, N.J.----A.M. Best Co. has withdrawn the financial strength ratings of B- and issuer credit ratings of “bb-” of Century Reinsurance Company and Brandywine Group and assigned an NR-5 to the FSRs and an “nr” to the ICRs.
us.rd.yahoo.com 2010-03-16
Allied World Announces Senior-Level Promotions (PR Newswire)
Allied World Assurance Company Holdings, Ltd announced today a number of senior-level promotions effective March 1, 2010.
us.rd.yahoo.com 2010-03-16
Berkowitz Remarks On AIG Stake (Indie Research)
Fairholme Fund manager Bruce Berkowitz is talking up some of his more speculative fourth-quarter bets.
us.rd.yahoo.com 2010-03-16
FEMA and NOAA Renew Partnership to Encourage Flood Safety
WASHINGTON, March 15 /PRNewswire/ -- As one of the snowiest winter seasons in many years yields to warmer weather and the promise of rain and snowmelt, the Federal Emergency Management Agency’s FloodSmart Campaign and the National Oceanic and Atmospheric Administration announced that they are
prnewswire.com 2010-03-15
Long Term Care Insurance Leader Seeks 320 New Agents in 2010, Following Strong 2009 Growth
KIRKLAND, Wash., March 15 /PRNewswire/ -- In an economy that seems stuck on stagnate, business is booming, thank you, for LTC Financial Partners LLC (LTCFP), one of the nation's most experienced long term care insurance agencies. In fact, 2009's growth was so strong and the future so promising, the
prnewswire.com 2010-03-15
Torus Selects Duck Creek for Policy Administration and Billing
BOLIVAR, Mo., March 15 /PRNewswire/ -- Duck Creek Technologies, Inc., a leading provider of software and services for the insurance industry, announced it signed an agreement with Torus Specialty Insurance, a subsidiary of Torus Services US, Inc., for Duck Creek Policy Administration™ and Duck
prnewswire.com 2010-03-15
Susman Godfrey Wins Summary Judgment in $5 Million Life Settlement Rescission Lawsuit
LOS ANGELES, March 15 /PRNewswire/ -- A New York state court recently rejected as a matter of law an insurance company's attempt to rescind a $5 million life insurance policy, holding that the insurer - Lincoln Life & Annuity Company of New York - waived its rights to obtain rescission by seekin
prnewswire.com 2010-03-15
New Universal Retirement Plan for Small Employers Proposed By The SPARK Institute As Alternative to Auto IRA
SIMSBURY, Conn., March 15 /PRNewswire/ -- The SPARK Institute released a detailed proposal today for a new "Universal Small Employer Retirement Savings Program" ("USERSP") to help solve the retirement savings gap for millions of American workers, it was announced by Larry H. Goldbrum, General Counse
prnewswire.com 2010-03-15
Risk Management Stakes are High for Architects & Engineers
BRAINTREE, Mass., March 15 /PRNewswire/ -- Risk management is a topic of concern for many types of professionals, none more so than those involved in the building trades. "Unfortunately, the stakes are raised in tough economic times," said veteran attorney Jay S. Gregory, a shareholder in LeCl
prnewswire.com 2010-03-15
Healthcare in the Lebanon: Pay Extra Attention Says MediCare International
LONDON, March 15, 2010 /PRNewswire/ -- - The Lebanon is an important centre for international workers - Post conflict international health cover hard to arrange - Good hospital facilities can only be accessed with the right cover - MediCare International offers insurance for all
prnewswire.com 2010-03-15
Builders Insurance Group Declares 14th Consecutive Dividend
ATLANTA, March 15 /PRNewswire/ -- Builders Insurance Group today announced that member company Builders Insurance (A Mutual Captive Company) will distribute its 14th consecutive dividend payment to its qualifying Georgia policyholders in the second quarter of 2010. This year's dividend distrib
prnewswire.com 2010-03-15
EagleEye Analytics Announces Successful Canadian Launch
COLUMBIA, S.C., March 15 /PRNewswire/ -- EagleEye Analytics, the leading provider of world class predictive analytics solutions to the property and casualty insurance industry, announced today the successful launch of its predictive analytics solution and advisory services in the Canadian market.Te
prnewswire.com 2010-03-15
UniCare, Power Country 105.9 Hold Nursery Drive for the Beckley Dream Center
BECKLEY, W.Va., March 15 /PRNewswire/ -- UniCare Health Plan of West Virginia, Inc. (UniCare), and Power Country 105.9/Southern Communications Corporation are working together to replenish the baby pantry at the Dream Center, which is part of the Fishes and Loaves outreach of the Church of God Famil
prnewswire.com 2010-03-15
China's BYD says Q4 profit jumps 500 pct (Reuters)
BYD Co Ltd , a Chinese car and battery maker backed by U.S. billionaire Warren Buffett, said on Sunday its fourth-quarter net profit rose 500 pct thanks to robust car sales primed by tax incentives from Beijing.
us.rd.yahoo.com 2010-03-15
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AIG holds back $21 million from FP unit payout: source (Reuters)
American International Group Inc is holding back $21 million from retention bonuses due by Monday to current and former employees of its Financial Products unit, a source familiar with the matter said.
us.rd.yahoo.com 2010-03-15
AIG to hold back $21 million in bonuses: report (at CNNMoney.com)
The troubled insurer is still paying out $46 million in bonuses to current and former employees of its Financial Products division.
us.rd.yahoo.com 2010-03-15
Max Capital Provides Guidance on Chilean Earthquake and Winter Storm Xynthia (Business Wire)
HAMILTON, Bermuda----Max Capital Group Ltd. today announced that preliminary estimates of combined claims for the Chilean earthquake of February 7, 2010 and winter storm Xynthia, which crossed Western Europe from February 26 to 28, 2010, range from $10 million to $20 million, net of reinstatement provisions and retrocessions.
us.rd.yahoo.com 2010-03-15
Travelers Executive Vice President Bill Cunningham to Speak at J.P. Morgan Insurance Conference (Business Wire)
NEW YORK----Bill Cunningham, Executive Vice President of Business Insurance for The Travelers Companies, Inc. , is scheduled to speak at the J.P. Morgan Insurance Conference in New York City on Monday, March 22, 2010, at 10:15 a.m.
us.rd.yahoo.com 2010-03-15
AIG & Bonuses (CNBC)
http://us.news2.yimg.com/us.yimg.com/p/fi/28/09/75.jpg/yfinance/cnbc2/Economics/1441525189http://www.cnbc.com/http://l.yimg.com/us.yimg.com/i/us/fi/gr/partner_logos/cnbc_1.png
us.rd.yahoo.com 2010-03-15
Saft Invests U.S. Department of Energy Grant, Breaks Ground on Lithium-Ion Battery Factory in Florida (PR Newswire)
Saft, world leader in the design and manufacture of high-tech batteries, celebrated the groundbreaking of its lithium-ion battery manufacturing plant at Cecil Commerce Center in Jacksonville today.
us.rd.yahoo.com 2010-03-15
Ex-AIG employees might sue over lower payouts (Reuters)
Several former American International Group Inc employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday.
us.rd.yahoo.com 2010-03-15
Saft: 2009 Annual Report (Registration Document) (PR Newswire)
The Saft 2009 Annual Report was filed with the French Financial Markets Authority on February 24, 2010 under no R.10-010.
us.rd.yahoo.com 2010-03-15
Dodd proposes Wall Street reform package (at CNNMoney.com)
Bill would house consumer protection agency at Fed, bar Wall Street firms from owning hedge funds.
us.rd.yahoo.com 2010-03-15
Validus Holdings, Ltd. Provides Initial Estimate of Losses from the Chilean Earthquake and European Windstorm Xynthia (Business Wire)
HAMILTON, Bermuda----Validus Holdings, Ltd. today provided an initial estimate of losses from the recent Chilean Earthquake and European Windstorm Xynthia.
us.rd.yahoo.com 2010-03-14
NYMAGIC, INC. Announces Management Succession (PR Newswire)
NYMAGIC, INC. announced today that its Chief Executive Officer, A. George Kallop, intends to retire on April 2, 2010. He will be succeeded by George R. Trumbull, currently a Director of the Company, and formerly the Company's Chairman and Chief Executive Officer, who was elected to the position of Senior Executive Vice President of the Company, effective today, and President and Chief Executive Officer of the Company, effective April 2, 2010.
us.rd.yahoo.com 2010-03-14
CNA Announces Enhancement to Its Coverage for Precasters (Business Wire)
CHICAGO----CNA recently announced an enhancement to its current coverages for precasters – the Concrete Product Rework endorsement which will reimburse precasters for expenses arising out of the removal, repair or replacement of defective precast concrete products.
us.rd.yahoo.com 2010-03-14
Validus estimates Chile claims at $170M to $270M (AP)
Validus Holdings Ltd. said Friday its loss from damage claims related to the recent earthquake in Chile will range between $170 million and $270 million.
us.rd.yahoo.com 2010-03-14
Glancy Binkow & Goldberg LLP, Representing Shareholders of CRM Holdings, Ltd., Announces There are 25 Days Remaining to Move for Appointment as Lead Plaintiff -- CRMH (GlobeNewswire)
LOS ANGELES -- Glancy Binkow & Goldberg LLP announces that all persons or entities who purchased the securities of CRM Holdings, Ltd. between December 21, 2005 and November 5, 2008, inclusive , have 25 days until the April 6, 2010, deadline to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit.
us.rd.yahoo.com 2010-03-14
RenaissanceRe Holdings Ltd. Announces Pricing of $250 Million Senior Note Offering by Subsidiary (Business Wire)
PEMBROKE, Bermuda----RenaissanceRe Holdings Ltd. announced today that its subsidiary, RenRe North America Holdings Inc., has agreed to sell in an underwritten public offering $250 million aggregate principal amount of 5.750% Senior Notes due 2020.
us.rd.yahoo.com 2010-03-14
Senate panel gets a glimpse at financial overhaul bill (at CNNMoney.com)
Some 18 months after the financial system nearly collapsed, the head of the Senate banking panel will reveal the latest bill to avoid future crises.
us.rd.yahoo.com 2010-03-14
Top Ten: MarketyWatch's Top 10 stories (at MarketWatch)
A look at the week's leading stories.
us.rd.yahoo.com 2010-03-14
Top Ten: MarketWatch's Top 10 stories of the week (at MarketWatch)
A look at the week's leading stories.
us.rd.yahoo.com 2010-03-14
China's BYD says Q4 profit jumps 500 pct (Reuters)
BYD Co Ltd , a Chinese car and battery maker backed by U.S. billionaire Warren Buffett, said on Sunday its fourth-quarter net profit rose 500 pct thanks to robust car sales primed by tax incentives from Beijing.
us.rd.yahoo.com 2010-03-14
NYMAGIC, INC. Announces Management Succession
NEW YORK, March 12 /PRNewswire-FirstCall/ -- NYMAGIC, INC. (NYSE: NYM) announced today that its Chief Executive Officer, A. George Kallop, intends to retire on April 2, 2010. He will be succeeded by George R. Trumbull, currently a Director of the Company, and formerly the Company's Chairman an
prnewswire.com 2010-03-13
Judge Rejects Mercury Insurance's Prop 17 Claims; Voters Will Be Told of Prop 17 Car Insurance Surcharges
SACRAMENTO, March 12 /PRNewswire-USNewswire/ -- Judge Allen Sumner has upheld Attorney General Jerry Brown's Official Title and Summary of Proposition 17, which warns the measure will allow car insurers to raise premiums. The ruling means voters will learn in the ballot pamphlet that Prop 17 w
prnewswire.com 2010-03-13
Flagstone estimates Chile quake claims at $50M (AP)
Flagstone Reinsurance Holdings Ltd. said Friday its estimated losses from claims related to the recent earthquake in Chile will be $50 million.
us.rd.yahoo.com 2010-03-13
Validus estimates Chile claims at $170M to $270M (AP)
Validus Holdings Ltd. said Friday its loss from damage claims related to the recent earthquake in Chile will range between $170 million and $270 million.
us.rd.yahoo.com 2010-03-13
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