Latest News in Home Insurance – Nov 17, 2008
Stock futures signal gains, automakers eyed – Washington Post
17 Nov 2008 at 5:42am
Resize (Reuters) – Stocks pointed to a higher open on Monday, reversing some of the sharp losses endured on Friday when dismal monthly retail sales triggered a sell-off. At 5:18 a.m. EST, S&P 500 futures were up 0.1 percent, Dow Jones futures were up …
Nippon Life Insurance Company of America To Market Solutions as Nippon … -…
17 Nov 2008 at 6:32am
NEW YORK–( BUSINESS WIRE )–Nippon Life Insurance Company of America, a leading provider of employee benefits solutions to U.S. companies, today announced it will market its solutions under the brand, Nippon Life Benefits. The change is part of a …
A.M. Best Upgrades Ratings of Farmers & Mechanics Group and Its Member – Busi…
17 Nov 2008 at 7:15am
OLDWICK, N.J.–( BUSINESS WIRE )– A.M. Best Co. has upgraded the financial strength rating (FSR) to A- (Excellent) from B++ (Good) and issuer credit ratings (ICR) to “a-” from “bbb+” of Farmers & Mechanics Group ( Farmers & Mechanics) and …
One family’s long fight with death, pancreatitis and insurance … – Pantagraph
17 Nov 2008 at 12:13am
NORMAL — Dave Nelson, a popular chemistry teacher at Normal Community High School, was on bus duty one day after school when he turned to principal Jeanette Nuckolls and said he was having outpatient gallstone surgery and would be back in three days …
110 banks have asked for $170B under bailout plan – Associated Press
17 Nov 2008 at 6:54am
WASHINGTON (AP) — At least 110 banks have requested more than $170 billion from the Treasury Department’s rescue fund, and many more are expected to have submitted applications before Friday’s deadline. The requests would come from the $250 billion …
Insurance Companies Switching To New Strategies In Difficult Times – PR Inside
17 Nov 2008 at 3:05am
2008-11-17 11:09:11 – The Practice of Ditch and Switch Changes to Customer Retention. Peterhead, UK, November 17, 2008 — Although the insurance industry is rife with companies that promise low prices on policies, only to increase the amount upon …
FDIC May Alter Debt-Guarantee Plan After Complaints From Banks – Bloomberg
17 Nov 2008 at 5:42am
Nov. 17 (Bloomberg) — The Federal Deposit Insurance Corp. may revise a $1.4 trillion debt-insurance program to address complaints that it would spur an exodus from the $250 billion market for overnight loans between banks. The FDIC is considering …
G-20’s Financial-Market Regulation Proposals May Limit Profit – Bloomberg
17 Nov 2008 at 2:00am
Nov. 17 (Bloomberg) — Leaders of the world’s biggest developed and emerging nations put banks and investors on notice they will need to hold more capital and reveal more about their holdings, signaling the industry may emerge from the current crisis …
Cashing claims checks not so easy – Houston Chronicle
9 Nov 2008 at 4:58pm
Favio Rendon’s insurance company cut him a $19,000 check to start repairs on his Katy home after Ike left it with a ripped up roof and other damages. But when he tried to deposit the check so he could pay his roofer, the bank told him he had to get …
Manulife GIFe 2 Mac Cundill Value – Morningstar
16 Nov 2008 at 9:21pm
Features of the death benefit are compelling, but the price tag isn’t. Segregated funds play different roles for different investors. Some view the maturity benefit as an effective means of limiting downside risk over a specific period, in the same …
