Tuesday, March 31, 2009

Home Depot CEO gives up bonus - Atlanta Journal Constitution

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Boston Globe

Home Depot CEO gives up bonus

Atlanta Journal Constitution,  USA

By Rachel Tobin Ramos Home Depot Chief Executive Frank Blake waived his $1.2 million cash bonus for 2008, and none of the company’s top executives will get raises this year, according to a regulatory filing by the company Monday. ...

Home Depot chairman’s total comp rises

Bizjournals.com

Home Depot's CEO Blake 2008 total c! ompensation up 3.6%

MarketWatch

Home Depot CEO Pay Rises

Zacks.com

MarketWatch (press release) - BusinessWeek


Sunday, March 29, 2009

Cuomo Subpoenas AIG Data - Washington Post

Javno.hr

Cuomo Subpoenas AIG Data

Washington Post, United States

New York Attorney General Andrew Cuomo, below right, subpoenaed American International Group's credit-default swap data to see whether its customers including Goldman Sachs Group, Societe Generale and Deutsche Bank were improperly compensated with ...

Cuomo Widens His Probe to a Unit's Swaps Deals

W

Friday, March 27, 2009

AIG Designed Retention With ‘No Knowledge’ of Crisis - Bloomberg

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MiamiHerald.com

AIG Designed Retention With ‘No Knowledge’ of Crisis

Bloomberg

By Linda Shen and Jane Mills March 26 (Bloomberg) -- American International Group Inc., the insurer bailed out by the government four times since September, said its retention plan was designed with no knowledge of the current financial situation. ...

AIG executive defends bonuses to Conn. lawmakers

The Associated Press

AIG officials defend bonuses

Connecticut Post

Connecticut subpoenas AIG executives on bonuses

Reuters

MLive.com - The Associated Press


Wednesday, March 25, 2009

Insure.com Celebrates 25th Anniversary - FOXBusiness

Insure.com Celebrates 25th Anniversary

FOXBusiness

In December 2001, Quotesmith.com purchased Insure.com, a pro-consumer insurance information Web site that contained thousands of originally authored articles, tools and calculators. At the time, Insure.com ranked among the most highly visited insurance ...

Sunday, March 22, 2009

Southwest Florida Business Events: March 23, 2009 - Naples Daily News

Southwest Florida Business Events: March 23, 2009

Naples Daily News, FL

Social Media Module on April 3, learn how to get comfortable with the workings of e-mail marketing, blogging and other online tools. For information call Deborah Shane at 985-9844 or register online at www.TrainwithShane.com. ...

Thursday, March 19, 2009

ABC7 On Your Side: Auto insurance - abc7.com

ABC7 On Your Side: Auto insurance

abc7.com, CA

But Amica Insurance of California quoted $660 -- a savings of $248. In another instance, AARP offered a rate of $2059 while Geico's quote was $1330. The savings there was $729. "AARP Auto Insurance does offer some nice benefits, like 12-month rate ...

Mass. to retain auto insurance appeals board - Forbes

My Fox Boston

Mass. to retain auto insurance appeals board

Forbes, NY

Burnes had argued that the board was no longer needed after the state introduced managed competition to the auto insurance market. Burnes said the competition means consumers have choices to seek out lower rates. She had also proposed alternative ways ...

State to retain auto insurance appeals board

The Republican - MassLive.com

Today in Globe Business

Boston Globe

Insurance agents say auto shift spells doom

The Boston - Bay State Banner

The Patriot Ledger - The Salem News


Tuesday, March 17, 2009

Life changes can affect insurance needs - Brazil Times

Life changes can affect insurance needs

Brazil Times, IN

Nevertheless, nearly seven in 10 renters say they do not have renters insurance, despite the fact that, according to the US Bureau of Justice Statistics, rented households are burglarized at rates about 50 percent higher than owned households. ...

LTRC Preparing to Assist Households Affected by Current Flooding

Findlay Living

Spring cleaning is the time to update your home inventory - The Times and Democrat

Spring cleaning is the time to update your home inventory

The Times and Democrat, SC

To encourage homeowners and renters to conduct a home inventory, the South Carolina Insurance News Service offers the “Know Your Stuff â€" Home Inventory Software,” free of charge through the Insurance Information Institute. Consumers can access the ...

Sunday, March 15, 2009

Personal Finance : Life insurers' move to lower required reserves ... - Arizona Daily Star

Devis assurance voiture Bordeaux

Personal Finance : Life insurers' move to lower required reserves ...

Arizona Daily Star, AZ

The nine proposed changes would reduce the total reserves that life insurance companies need to hold by about $25 billion â€" or about 7 percent of the industry's capital, or net worth, according to the American Council of Life Insurance, which asked for ...

B-Ds likely to give boot to more carriers - InvestmentNews

B-Ds likely to give boot to more carriers

InvestmentNews, NY

Official notices to advisers banning Genworth went out in mid-December, while the heads-up on Phoenix life insurance and annuities was sent out in January, according to several advisers, who asked not to be identified. LPL banned all of Genworth's ...

Saturday, March 14, 2009

Michael Jackson promoters struggle to insure London concerts - Telegraph.co.uk

Telegraph.co.uk

Michael Jackson promoters struggle to insure London concerts

Telegraph.co.uk, United Kingdom

Randy Phillips, chief executive of AEG Live, said the company would be willing to self-insure for the shows to go ahead, but he played down health concerns. "The insurance brokers sent doctors and they spend five hours with him, taking blood tests. ...

How to cut your car insurance - CNN

How to cut your car insurance

CNN

Reducing your auto insurance by 50 percent is an appealing proposition that can definitely be accomplished, according to Insure.com, a consumer insurance Web site that offers online quotes and articles. How? Well, Insure.com reports that you could do ...

Auto Insurance Quotes, Health Insurance, Home Insurance, Business ...

Live-PR.com (Pressemitteilung)

Thursday, March 12, 2009

Insurance agents: New rules will cost jobs - Boston Globe

Boston Globe

Insurance agents: New rules will cost jobs

Boston Globe, United States

As a result, drivers may wind up inadvertently driving an uninsured vehicle. "The Commonwealth is creating a big risk," said Peter Savage, a Brockton agent. The special agents displayed a map they said showed most of those without a contract under the ...

Today in Globe Business

Boston Globe

Insurers limited on credit score use - DetNews.com

Credit.com News

Insurers limited on credit score use

DetNews.com, MI

Ross said that during hearings on credit scoring, one insurance agent testified he was able to get large discounts for a customer with a high credit rating even though he had a driving while intoxicated charge on his record. At the same time, ...

Credit Score Crackdown

WILX-TV

Tuesday, March 10, 2009

Insurance Transformers and Other Structured Insurance Products in ... - Linex Legal

Metal tiles

Insurance Transformers and Other Structured Insurance Products in ...

Linex Legal, UK

Over the last decade there has been a noted convergence of the capital markets and the insurance/reinsurance markets and the evolution of a variety of structured insurance products. One type of such insurance products are commonly referred to as ...

RCBC to offer nonlife insurance products - GMA news.tv

RCBC to offer nonlife insurance products

GMA news.tv, Philippines

MANILA, Philippines - Yuchengco-owned Rizal Commercial Banking Corp. will sell insurance products of largest non-life insurer Malayan Insurance Company, Inc. in its branches as the listed bank swaps its shares with non-life insurance holding company ...

Monday, March 9, 2009

Auto Workers: Rescue Them or Not? - New York Times

New York Times

Auto Workers: Rescue Them or Not?

New York Times, United States

Legacy costs are essentially that which is promised and payable to retired auto workers in the form of pensions and health insurance for the rest of their lives. The now-retired union members contributed a significant amount of their available earnings ...

Auto Insurance Rates Rise as Unemployment Numbers Climb - Insurance News Net (press release)

Auto Insurance Rates Rise as Unemployment Numbers Climb

Insurance News Net (press release), PA

Though auto insurance rates are climbing in many places across America, it doesn't mean it's impossible to find affordable car insurance. The article on Insuranceagents.com details how and where to look for affordable car insurance rates. ...

Saturday, March 7, 2009

Paterson Reconsidering Deal on Plant Emissions - New York Times

Paterson Reconsidering Deal on Plant Emissions

New York Times, United States

[New York Post] A city environmental officer, critically injured on the job at a Westchester aqueduct, could lose his job â€" and health insurance â€" if he does not return to work in 40 days, his union says. The environmental officer, Eric Hoffman, 30, ...

Surging US Unemployment Rate Puts Pressure on Obama - Bloomberg

Boston Globe

Surging US Unemployment Rate Puts Pressure on Obama

Bloomberg

The administration needs to keep its focus on repairing the banking system and implementing the stimulus rather than get diverted by other goals such as healthcare changes, said John Ryding, chief economist at RDQ Economics LLC in New York. ...

Unemployment in US hits 25-year-high

International Herald Tribune

Vast Job Losses Warn Of Upheaval

TheDay

US job losses soar to 4.4 million

The Age

SanFranciscoSentinel.com - Seattle Times


Thursday, March 5, 2009

Kentucky's Derby plans scaled down in bad economy - Forbes

Kentucky's Derby plans scaled down in bad economy

Forbes, NY

Instead, they'll travel by bus and van this year, he said. Also, the annual free buffet-style Kentucky Derby breakfast in the Capitol parking lot - which cost about $70000 - is gone this year. So are the fancy tents - a savings of about $117000. ...

Agatha Christie's Private Escape, and Other Travel Goodies - TIME

Agatha Christie's Private Escape, and Other Travel Goodies

TIME

By Deirdre Van Dyk Monday, Mar. 02, 2009 The English holiday home where mystery writer Agatha Christie spent her summers and entertained guests with readings from her thrillers is seen in Galmpton, Devon, southwest England. ...

Tuesday, March 3, 2009

Trade Life Insurance for Long-Term Care - MainStreet

Software Braunschweig

What Does the Latest Federal Bailout Mean for AIG? - findingDulcinea

Software Braunschweig

Daily Nation

What Does the Latest Federal Bailout Mean for AIG?

findingDulcinea, New York

The US government will take over two divisions of insurance conglomerate AIG: a $26 billion stake in American International Assurance, which oversees the company's extensive Asian operation and global life insurance unit American Life Insurance Company ...

Video: Bailout fund top up for US insurance giant AIG - 02 Mar 09

AlJazeeraEnglish

Latest federal bailout may not be enough to rescue AIG

St. Augustine Record

AIG in Review

RGE Monitor

Insurance Journal - W

Monday, March 2, 2009

AIG: The Nightmare of Government Ownership - Wall Street Journal Blogs

Assurance voiture Bordeaux

Straits Times

AIG: The Nightmare of Government Ownership

W

Alberta's auto rates in limbo as courts decide fate of $4000 cap ... - The Canadian Press

Assurance voiture Bordeaux

Alberta's auto rates in limbo as courts decide fate of $4000 cap ...

The Canadian Press, EDMONTON

But a further premium reduction of five per cent slated for last fall was replaced by a five-per-cent increase after the Automobile Insurance Rate Board factored in the impact of the court ruling striking down the cap. The insurance industry had made a ...