No recompense for $7m futile HIH shares
An investor who continued buying shares in HIH Insurance as the share price plummeted months before it collapsed has lost a bid for compensation. View full post on All Stories
An investor who continued buying shares in HIH Insurance as the share price plummeted months before it collapsed has lost a bid for compensation. View full post on All Stories
The Obama Administration faced another appeals court challenge to the new health care law today. A three-judge panel from the Eleventh Circuit Court of Appeals in Atlanta heard an oral argument in the case of Florida versus the Department of Health and Human Services. This latest challenge to the law is brought by 26 states [...]
St. Paul Fire & Marine Insurance Co. sued PDB Sports Ltd. – the company behind the Denver Broncos professional football team – in Colorado on Monday, claiming it does not owe coverage for underlying workers’ compensation claims brought by several former players. View full post on All Stories
Apple CEO Steve Jobs took the stage at San Francisco’s Moscone Center June 6 to kick off his company’s annual Worldwide Developers Conference. As expected, Jobs and a host of other Apple executives profiled the company’s upcoming operating system offerings, including iOS 5 and Mac OS X “Lion.” The latter is a major update to [...]
The Insurance Regulatory and Development Authority may make it mandatory for private insurers to sell annuity plans to their customers. View full post on All Stories
This summer a number of new airmen will be moving out to New Mexico. Many of these airmen are single and qualify for SGLI. At a cost of $30 a month, however, many local airmen wonder if they… View full post on All Stories
Alabama’s second largest insurer of homes, Alfa Insurance, says it plans not to renew policies on one out of every six homes it insures in Alabama. View full post on All Stories
For Mitt Romney, today’s presidential announcement has been years in the making – and for most people, it’s about as surprising as a morning sunrise. Since at least the 1990s, Romney has engaged in a calculated and ongoing effort to measure the political winds of the moment and change his positions to meet his immediate [...]
WASHINGTON, June 1 (UPI) — U.S. Treasury Secretary Timothy Geithner said the decision to rescue Chrysler LLC and General Motors Corp. proved to be the right one. A positive outcome “was anything but assured,” Geithner said in an op-ed published… View full post on All Stories
A financial adviser with an Insurance Company has been charged with murdering his wife after a family feud. View full post on All Stories