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Insurance |
| by Insurance News |
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| Stocks sag on economic uncertainty |
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"With the Nikkei average's price-earnings ratio over 16, it's hard to expect it to go up further" By Louise Heavens Reuters Sunday, May 11, 2008; 11:00 PM SINGAPORE - Stocks fell on Monday, weighed down by uncertainty over the health of the U.S. economy and surging oil and commodity prices, while Japanese ... |
| Farmers Insurance Claims Team Assists Victims of Oklahoma Tornado |
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Farmers Insurance Group of Companies advises its Farmers Insurance customers suffering damage from the recent tornado to immediately contact their agent or call Farmers 24-hour claims hotline, 800-HelpPoint . ...
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| Bankers Life's Parent To Settle Multistate ProbeLoading... |
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"It is vital that long-term care insurers make prompt and appropriate payment of claims to consumers who are older and whose lives and well-being are dependent upon it" Conseco Inc., parent of Bankers Life and Casualty, will pay at least $32.3 million in a 40-state settlement because subsidiaries improperly denied and delayed claims, misled consumers and sold annuities that ... |
| AIG's shares fall in pre-open after huge loss, tugging on Dow |
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"Although we expected that AIG would have some losses in the first quarter, the level of the additional losses exceeds these expectations" American International Group Inc. shares were under pressure Friday morning, retreating after the blue-chip insurer reported a quarterly loss of nearly $8 billion triggered by huge write-downs on credit ... |
| Record-high oil prices and financial sector weigh on U.S. and European stocks |
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"You get the feeling from the corporate sector that the international credit crisis is taking its toll and this will change the entire landscape of earnings forecasts, which for the time being are still quite upbeat" NEW YORK : Oil's relentless surge to a fresh high on Friday stoked worries about the economy and put pressure on U.S. and European stock markets, while a $7.8 billion loss at AIG, the world's largest insurer, ... |
| Jane Bryant Quinn: Buying insured municipal bonds is a waste of your money |
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"Investors are in many respects naive about underlying quality." Opinion by Jane Bryant Quinn Now you know. You've been wasting your money by buying insured municipal bonds. via Arizona Daily Star
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| Medicare to tighten rules for private plans |
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"This is an important step to ensure beneficiaries can rely on the information being provided to make the Medicare coverage decisions that are right for them" WASHINGTON (Reuters) - Companies that sell Medicare Advantage plans would have to modify sales commissions to stop salesmen from switching beneficiaries to a new plan each year to earn the highest possible fee, a U.S. government agency proposed on Thursday. The U.S. Centers for Medicare and Medicaid Serv...
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| European stocks drop on write-downs |
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European stocks closed sharply lower today, hit by another record spike in oil prices and heavy losses on Wall Street following news of large write-downs at giant US insurer AIG. via News.com.au
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