Life insurers consult Social Security death records to stop annuity payments but not to initiate benefits when customers have died, Florida’s insurance commissioner said amid hearings
BusinessWeek.com — Finance
Insurance companies are fighting the legacy of AIG as they seek to avoid being branded systemically risky and the extra supervision that comes with that
BusinessWeek.com — Finance
European stocks posted their third week of losses as Spain and Greece suffered ratings downgrades and Libya’s Muammar Qaddafi used planes to attack rebels, adding to concern that the global economic recovery will falter.
BusinessWeek.com — Finance
European stocks dropped for a third day, erasing this year’s advance, as insurers tumbled after the biggest Japan earthquake in at least a century triggered a 10 meter tsunami. U.S. index futures and Asian shares retreated.
BusinessWeek.com — Finance
Preparations for an initial public offering of Talanx AG, Germany’s third-biggest insurer, are attracting investors’ interest after stocks in the industry rallied this year.
BusinessWeek.com — Finance
European stocks declined, with the Stoxx Europe 600 Index trimming a weekly advance, as a selloff in shares of Sanofi-Aventis SA and declines by basic-resource companies offset gains at insurers.
BusinessWeek.com — Finance
Australian banks and mortgage insurers could absorb the losses should home prices plunge, and related securities would maintain their ratings, Fitch Ratings said.
BusinessWeek.com — Finance
Bank of America Corp. set aside $ 4.1 billion in the last three months of 2010 to resolve claims over faulty mortgages, more than in the prior five periods combined, as bond insurers pressed for refunds.
BusinessWeek.com — Finance
Feed
