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The former AIG CEO bailed on his appearance at a House committee hearing due to illness.
October 7 -
Insurers that do not innovate will not realize success until they fully recognize, embrace and apply innovation to a customer is king approach.
October 7
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Red Herring and Deloitte recognize Camilion in their annual rankings.
October 6 -
Seeking $2.5 billion, The Hartford Financial Services Group Inc. references impairments on its investment portfolio, with approximately 75% related to investments in the financial services sector.
October 6 -
Insurance industry voices its displeasure at Schwarzeneggers veto.
October 6 -
The move to establish an optional federal charter for insurers should proceed, author says.
October 6 -
Chosen for her depth of carrier-specific insurance enterprise IT experience, Karlyn Carnahan, CPCU, reflects the industrys latest analyst traffic.
October 6 -
Washington - The U.S. House of Representatives voted to approve a revised $700 billion bailout plan for the financial markets Friday, just four days after rejecting the original version and clearing the way for President Bush to sign the historic package.
October 3 -
The embattled insurer will peddle its life and property/casualty businesses in an effort to repay its $85 billion government loan, and plans to refashion itself into a global property/casualty insurer.
October 3 -
Having called for the impending doom of another major insurance company, MetLife and The Hartford both release assurances of safety.
October 3 -
Butler Group says that in order to improve competitiveness, organizations must urgently address the growing dislocation between the business requirements and IT deliverables.
October 2
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A new Celent report says countless variations of administrative forms can exact a heavy cost on insurers bottom lines.
October 2
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Senate Majority Leader Harry Reid, in pressing for passage of a $700 billion financial system rescue plan, said yesterday that a "major" insurance company was about to go bankrupt if financial markets weren't calmed.
October 2 -
The insurer is rumored to be considering selling more than 15 businesses, including International Lease Finance Corp., a stake in a large U.S. reinsurer and billions of dollars in properties.
October 1 -
According to Suns Scott McNealy, Java and open source will force the insurance industry to abandon legacy systems and step into the future.
October 1
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The announcement closely follows a deal facilitated by the FDIC for Citigroup to take control of Wachovia's five depository institutions.
September 30 -
The extension of the plan, which was set to expire today, will allow the program to continue operating under its current terms through March 6, 2009.
September 30 -
Company teams with Sun to deliver POINT IN J for carriers seeking a platform-flexible policy administration system.
September 30
