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The administration plans to attach new conditions to an upcoming bailout infusion that would recover the bonuses already paid, though not from the executives who received them.
March 17 -
The FASB's proposals are designed to reduce the scale of other-than-temporary impairment charges, and help institutions comply with mark-to-market accounting rules for illiquid assets.
March 17 -
The global professional services firm reports a slight decline of 3% during the fourth quarter of 2008 compared to the same quarter a year ago.
March 16 -
Downgrades, withdraws and affirmationsA.M. Best announces ratings adjustments for Atlantic Insurance Co., Aviva plc, Evergreen Reinsurance Co. Ltd., Firemans Fund Insurance Co., United Automobile Insurance Group and UNUM Ltd.
March 16 -
After reporting the largest corporate loss in history, the global insurer is taking heat for paying executive bonuses contracted for before receiving TARP money.
March 16 -
The Obama Administrations plan to reform oversight of financial services will emerge before March 26, says Treasury Secretary.
March 13 -
Senate hears testimony from insurance industry about implications for weather-related losses.
March 13 -
Citing Fitch downgrade as not applying to insurance and reinsurance businesses, Buffett praises GEICO.
March 13 -
Fort Dearborn Life Insurance Co. will leverage Global IQX solutions for group insurance rating and prospecting automation.
March 13 -
Two new studies from the insurer show how a comprehensive technology infrastructure can improve efficiency and patient satisfaction.
March 12
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Property/casualty agents disclose in a survey what they want from carriers in services and technology; what factors matter the most when placing business; and how investments by carriers in agent technologies make a bottom line difference in agencies.
March 12
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The future of the general liability insurance market will play itself out between the cumulative effects of small to moderate losses and the rising prospect of mega-risks, according to Conning Research & Consulting.
March 12 -
The monthly snapshot of the underwriting activity for the North American life insurance industry indicates U.S. application activity was up +1.0% in February year-over-year.
March 12 -
Thomas Wilson says a federal insurance charter to cover the insurance industry could lower administrative costs and improve access to new and innovative products.
March 12
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Companies point to regulatory process, courts decision, as reasons behind decision to halt merger.
March 11 -
Differing visions of a regulatory structure for insurance will likely be reconciled in coming months.
March 11
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After a powerhouse 2007, LIMRA points to economic factors affecting sag in 2008 individual long-term care insurance, other individual product line results.
March 11 -
Hitting $4.1 billion in the fourth quarter, MetLife Inc. is among several insurers contributing to a 60% year-over-year increase in fixed annuities sales.
March 11 -
As part of the deal, Lloyds has agreed to increase its lending by an additional £14 billion over the next 12 months, and made a similar commitment for 2010
March 10 -
ACORD says an individual with the ACORD Certified Expert designation has received a consistent training, passed the exams required for the designation, and is up to date on the latest ACORD standards and versions.
March 10
