Business / finance insurance news stories


Business / finance insurance news stories

Protect Your Business With a Builders Risk Insurance and a Contractors Insurance (source: E-Zine)
September 23, 2009 at 11:30 pm

The construction business is a fledgling enterprise and as such there is a great demand for it everywhere in the world despite the current economic climate. One of the most important things when you are in the construction business is to have a sensible bu... (source: E-Zine)

Event Insurance and Professional Indemnity Insurance (source: E-Zine)
September 23, 2009 at 11:23 pm

Event insurance and professional indemnity insurance are two of the most specific types of coverage than one can purchase. The two have different specifications but at some point, you might need one or both of them. Event insurance is needed by those who a... (source: E-Zine)

American Savings forms home loan unit (source: Biz Journal)
September 23, 2009 at 10:11 pm

American Savings Bank is forming a new mortgage lending unit and has hired the former head of Countrywide Home Loans in Hawaii to be its president. (source: Biz Journal)

Evergreen Energy stock falls on sale, financing announcement (source: Biz Journal)
September 23, 2009 at 10:11 pm

Evergreen Energy Inc. said Wednesday it needs to ''immediately seek additional financing'' or sell off assets after a deal to sell an Ohio subsidiary expired and proposed financing fell through. (source: Biz Journal)

Audit: Freedom Bank grew too fast before failure, regulators too slow (source: Biz Journal)
September 23, 2009 at 10:11 pm

Freedom Bank of Georgia grew too fast and regulators weren't aggressive enough in supervising the Commerce-based bank, which failed last March, federal auditors said Wednesday. (source: Biz Journal)

Willis NorthAmerica prices $300M offering (source: Topix.net)
September 23, 2009 at 10:11 pm

Willis NorthAmerica Inc., a subsidiary of global insurance broker Willis Group Holdings, priced a registered offering of $300 million in senior unsecured notes due 2019 at 7 percent. (source: Topix.net)

Shareholders OK Iridium Holdings acquisition (source: Biz Journal)
September 23, 2009 at 9:51 pm

Shareholders of GHL Acquisition Corp. voted Wednesday to acquire mobile satellite communications company Iridium Holdings LLC (source: Biz Journal)

Health proposal debates in Senate revealing (source: Topix.net)
September 23, 2009 at 9:35 pm

WASHINGTON: Bidding for support from Democrats as well as a single Republican, the chairman of the Senate Finance Committee gaveled open a long-awaited debate over health care Tuesday with fresh plans to reduce costs on working-class families and impose ne... (source: Topix.net)

Report: FEMA Overpays Private Insurers for Handling Flood Insurance Policies (source: Insurancejournal.com)
September 23, 2009 at 5:34 pm

The federal government is overpaying private insurance companies that manage flood insurance policies by as much as 16.5 percent. To just six of the 87 participating carriers, the Federal ... (source: Insurancejournal.com)

Ferrell Speaks Out In Health Care PSA Spoof (source: Topix.net)
September 23, 2009 at 3:49 pm

Liberal group MoveOn.org teamed up with comedian Will Ferrell to produce a fake public service announcement depicting celebrities defending the health insurance industry. (source: Topix.net)

Receiver hopes to sell Stanford yacht (source: Biz Journal)
September 23, 2009 at 3:49 pm

The Dallas-based receiver handling the fate of assets collected from Stanford Financial Group is eager to see one of Robert Allen Stanford's personal effects float away. (source: Biz Journal)

Kleinmann leaves PrivateBank's Kansas City operations (source: Biz Journal)
September 23, 2009 at 3:49 pm

Cal Kleinmann has stepped down as chairman and CEO of The PrivateBank's Kansas City-area operations. (source: Biz Journal)

Get Nationwide Insurance Quotes - Using Online Resources to Get Nationwide Insurance Quotes (source: E-Zine)
September 23, 2009 at 3:44 pm

Nationwide Insurance ads tout that they are on your side - and now, you can use online resources to either prove or disprove that statement when you use those resources to get Nationwide Insurance quotes. This is true no matter what type of insurance cover... (source: E-Zine)

Find Geico Insurance Quotes - How to Use the Internet to Find Geico Insurance Quotes (source: E-Zine)
September 23, 2009 at 3:19 pm

If you live in any state in America, you are required to carry auto insurance. One of the most popular insurance companies in the United States is Geico, because of their cheap rates. You can use the Internet to find Geico insurance quotes, allowing you th... (source: E-Zine)

Find Allstate Insurance Quotes - How to Find the Cheapest Insurance Quotes Online (source: E-Zine)
September 23, 2009 at 3:07 pm

Why do some people simply omit to find Allstate insurance quotes when searching for affordable life insurance deals? The issue is not that a person searching for insurance deals has ignored a company. Rather, the issue lies in the fact that people are not ... (source: E-Zine)

Noted California Insurance Lobbyist Passes Away (source: Insurancejournal.com)
September 23, 2009 at 1:11 pm

Former Federal Bureau of Investigations investigator and long-time Sacramento lobbyist for California insurance agents, Fred G. Dupuis, died last week in Marin County, where he had lived for 60 ... (source: Insurancejournal.com)

Administration Backs Financial Consumer Agency; Bill Exempts P/C (source: Insurancejournal.com)
September 23, 2009 at 1:00 pm

U.S. Treasury Secretary Timothy Geithner argued forcefully Wednesday for creating a government watchdog for financial consumers, while giving cautious support to paring back its scope. Amid ... (source: Insurancejournal.com)

Frank Memo on Financial Consumer Protection Agency Identifies Exemptions (source: Insurancejournal.com)
September 23, 2009 at 12:53 pm

The following are excerpts from Rep. Barney Frank's memo to Democratic lawmakers on the possible changes to the proposed Consumer Financial Protection Agency. Nonfinancial Businesses Exempt - ... (source: Insurancejournal.com)

Benefits of Combining Home and Auto Insurance (source: E-Zine)
September 23, 2009 at 11:16 am

Home insurance and auto insurance are two types of insurance that nearly all people will need at some point in their lives. When you have a number of different insurance policies, the cost of premiums can quickly become a financial hardship. When it comes ... (source: E-Zine)

Willis North America Inc. Announces Offering of $250 Million of Senior NotesLoading... (source: Topix.net)
September 23, 2009 at 10:57 am

Willis North America Inc. , a subsidiary of global insurance broker Willis Group Holdings Limited , announced today that it has commenced a registered offering of $250 million aggregate principal amount of its senior unsecured notes due 2019. (source: Topix.net)

Education Management plans IPO (source: Biz Journal)
September 23, 2009 at 10:57 am

Education Management Corp., a Downtown-based provider of post-secondary education in 92 locations in the United States and Canada, hopes to raise $460 million in an initial public offering. (source: Biz Journal)

Carlyle Group hires former PerkinElmer CEO (source: Biz Journal)
September 23, 2009 at 10:57 am

The Carlyle Group created a new position -- vice chairman of global buyout -- and tapped Gregory Summe for the role. (source: Biz Journal)

Insurance Agent Gets 2 Years for Falsely Representing Lloyd's in Kentucky (source: Insurancejournal.com)
September 23, 2009 at 10:35 am

A financial service worker in South Carolina was sentenced today to two years in prison for using a scheme to dupe mortgage companies and homeowners in Eastern Kentucky. David C. Thomas, of ... (source: Insurancejournal.com)

10 Insurers Hit Century Mark (source: Insurancejournal.com)
September 23, 2009 at 10:15 am

The National Association of Mutual Insurance Companies has welcomed 10 new members into its Century Club, recognizing them for serving policyholders for 100 years. NAMIC also recognized Bucks ... (source: Insurancejournal.com)

Insurance Execs Not Confident of Underwriting Profit Over Next 3 Years (source: Insurancejournal.com)
September 23, 2009 at 9:58 am

Insurance executives see their companies performing above general market expectations in 2010, but their outlook on the industry's ability to generate underwriting profit in the next one to three ... (source: Insurancejournal.com)

Fugate Brings Florida Ideas to FEMA (source: Insurancejournal.com)
September 23, 2009 at 9:14 am

Craig Fugate brought three lessons with him when he took over the Federal Emergency Management Agency: Always be ready for disasters, make sure people take responsibility for themselves and get ... (source: Insurancejournal.com)

Verbatim: Brotherhood Mutual to grow, expects to add 64 jobs (source: Topix.net)
September 23, 2009 at 5:03 am

Brotherhood Mutual Insurance Company announced today that it is expanding its Fort Wayne operations. (source: Topix.net)



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