Business / finance insurance news stories




Credit union adds SBA loans (source: Biz Journal)
September 29, 2009 at 7:49 pm

Members Choice Credit Union is branching out into the business lending arena. (ALD) (source: Biz Journal)

Banks must prepay FDIC (source: Biz Journal)
September 29, 2009 at 7:49 pm

The Federal Deposit Insurance Corp. will now require its insured banks to prepay quarterly risk-based assessments for the fourth quarter of 2009 and for all of 2010, 2011 and 2012. (source: Biz Journal)

Roark Capital drops $100M into Waste Pro (source: Biz Journal)
September 29, 2009 at 2:50 pm

Roark Capital Group made a $100 million equity investment in Longwood, Fla.-based Waste Pro USA Inc., a non-hazardous solid waste management company. (source: Biz Journal)

Freddie Mac door-to-door push launched to help delinquent borrowers (source: Biz Journal)
September 29, 2009 at 2:50 pm

A campaign has been launched by Freddie Mac to urge delinquent borrowers to apply for help in getting mortgage loan modifications under the federal Making Home Affordable Program. (FRE) (source: Biz Journal)

Millennium Bankshares closes sale of branch (source: Biz Journal)
September 29, 2009 at 2:50 pm

Millennium Bankshares has officially traded its Warrenton, Va., branch to Sonabank. (source: Biz Journal)

Finding Top Insurance Companies Online (source: E-Zine)
September 29, 2009 at 2:26 pm

There are a lot of things that you can find on the internet these days. Most of the time the internet is used to find information about something that you may be interested in, and sometime it is used to let people know what you are up to (like with social... (source: E-Zine)

Insurance - Why You Should Only Insure What is Really Necessary (source: E-Zine)
September 29, 2009 at 2:23 pm

In the ideal world we all would be able to take out insurance policies for every eventuality. But as we don't live in the ideal world we need to be sensible about what we should and shouldn't insure. In times of a recession it could be worth reviewing your... (source: E-Zine) - RSS feeds and Feed widget on Feedzilla.com

Life Coverage, Critical Illness, Income Protection - Are You Fully Covered? (source: E-Zine)
September 29, 2009 at 1:42 pm

When you graduated, there's a high probability you 'signed up' for income protection cover. Maybe it was at a graduation Ball, or perhaps it was following a talk you attended. Even if you found out since that better coverage was available, the key is tha... (source: E-Zine)

California's Ventura County Fire Contained (source: Insurancejournal.com)
September 29, 2009 at 1:23 pm

The 27-square-mile wildfire known as the Guiberson in Ventura County is 100 percent contained. However, it may be a few more days before it is fully extinguished, fire officials said. Ventura ... (source: Insurancejournal.com)

Vertafore Moving IT Infrastructure to Savvis Hosting Facility in Dallas Area (source: prnewswire.com)
September 29, 2009 at 1:00 pm

BOTHELL, Wash., Sept. 29 /PRNewswire/ -- Vertafore (http://www.vertafore.com), a leading provider of software and services to the insurance industry, announced today that it plans to move its largest data center to Savvis' state-of-the-art hosting facility... (source: prnewswire.com)

Bank Insurance Program Productivity Up 12.5% in 2009 (source: Insurancejournal.com)
September 29, 2009 at 12:55 pm

The production of insurance brokerage fee income per bank employee continued to rise through the first two quarters of 2009 to exceed year-end 2008 productivity by 12.5 percent, according to the ... (source: Insurancejournal.com)

ISU Group Founder Passes Away (source: Insurancejournal.com)
September 29, 2009 at 12:52 pm

The founder of the ISU Group of Companies, Thomas J. Ryan, has died at his home in Hillsborough, Calif. Ryan was 85 years of age, and had melanoma. In addition to founding and leading the ... (source: Insurancejournal.com)

Businesses, Personal Fortunes at Risk from Lack of Succession Planning (source: prnewswire.com)
September 29, 2009 at 11:00 am

SPRINGFIELD, Mass., Sept. 29 /PRNewswire/ -- Joe and Cindy Riggs, owners of Bowling Green Golf Club in Oak Ridge, New Jersey, undertook extensive succession planning to ensure that their business - built on land that has been in the Riggs' family for more ... (source: prnewswire.com)

Anthem Blue Cross and Blue Shield Introduces SmartSense(R) and Premier, Price-Conscious Individual Plans Targeted at the Uninsured (source: prnewswire.com)
September 29, 2009 at 11:00 am

ST. LOUIS, Sept. 29 /PRNewswire/ -- Today, Anthem Blue Cross and Blue Shield (Anthem) introduced two suites of PPO products called SmartSense® and Premier that will provide Missourians with more affordable options for individual insurance. These produ... (source: prnewswire.com)

Bank of America, Execs Owe Investors 'Billions,' Says Ohio AG Lawsuit (source: Insurancejournal.com)
September 29, 2009 at 8:14 am

Investors in a class-action lawsuit against Bank of America Corp. over the Merrill Lynch & Co. takeover are trying to collect "billions of dollars" in damages, Ohio's attorney general said ... (source: Insurancejournal.com)

U.S. Court Reinstates Alaska Smoker Case Against Altria Tobacco (source: Insurancejournal.com)
September 29, 2009 at 8:10 am

A U.S. appeals court Monday reinstated an Alaska lawsuit against Altria Group Inc.'s Philip Morris USA by the survivor of a deceased smoker, saying her state product liability claims were not ... (source: Insurancejournal.com)

Ex-AIG Financial Exec Cassano Returns to U.S. As Probe Continues (source: Insurancejournal.com)
September 29, 2009 at 8:05 am

Joseph Cassano has come home to face the music. The former AIG executive closely associated with one of the most sensational collapses in corporate history, recently slipped back into the ... (source: Insurancejournal.com)

Employers Join Forces to Boost Benefits Buying Power (source: prnewswire.com)
September 29, 2009 at 1:00 am

ST. PAUL, Minn., Sept. 29 /PRNewswire/ -- While Congress debates the many aspects of health care reform, one means of reducing insurance costs already helps many US employers keep health insurance premiums at a manageable level. (source: prnewswire.com)

Ways to Track Down Affordable Insurance and the Advantages of Getting It (source: E-Zine)
September 28, 2009 at 11:50 pm

It is a well-known fact that having insurance can bring a feeling of security before an unanticipated incident takes place and can turn out to be of critical assistance after the unthinkable has occurred. It is at that point that you can totally understand... (source: E-Zine)

S&P cuts MBIA bond-insurance unit to junk (source: Topix.net)
September 28, 2009 at 11:21 pm

MBIA Inc.'s main bond-insurance unit was downgraded late Monday to noninvestment grade, or junk, status by Standard & Poor's Ratings Services on concern the business may suffer more losses from guarantees it sold during the credit boom. (source: Topix.net)



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