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      Treasury: Bailout Will Cost Taxpayers 85% Less Than Expected

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      July 16, 2017
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      How Mutual Funds Could Get a Lot Less Taxing

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      July 29, 2016
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      September 12, 2017
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      August 1, 2017
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      July 23, 2017
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      March 29, 2017
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      March 16, 2017
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      March 12, 2017
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      March 11, 2017
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      August 26, 2015
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Insurance Industry

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Insurance Industry

Cigna Target of Class-Action Lawsuit Alleging Discrimination

admin
November 5, 2017
Insurance Industry
Ron Antonelli/Bloomberg via Getty Images MIAMI -- A consumer advocacy group has filed a class-action lawsuit against Cigna saying a new policy discriminates against people with HIV and AIDS and violates the...

N.J. Bar Falls Victim to Superstorm Sandy — Again

admin
October 19, 2017
Insurance Industry
Wayne Parry/APGigi Liaguno-Dorr is overwhelmed with emotion while discussing her decision to close Jakeabob's, the Union Beach, N.J., restaurant she used to operate. UNION BEACH, N.J. -- Superstorm Sandy tr...

Economic Impact From Hurricane Sandy Won’t Derail Economy

admin
October 6, 2017
Insurance Industry
WASHINGTON (AP) - Airlines have canceled thousands of flights, stranding travelers around the globe. Insurers are bracing for possible damages of $5 billion. Retailers face shrunken sales. Hurricane Sandy too...

5 Times When Senior Citizens Still Need Life Insurance

admin
September 9, 2017
Insurance Industry
Alamy As you get older, it may seem less and less prudent to carry life insurance. You could be retired, own your home outright and have kids who are self-sufficient. While for most people insurance is inte...
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Treasury: Bailout Will Cost Taxpayers 85% Less Than Expected

admin
July 16, 2017
Insurance Industry
The federal bailout program, also known as the Troubled Asset Relief Program or TARP, will end up costing U.S. taxpayers approximately 85% less than originally expected, according to a U.S. Treasury Department ...

Fed to Reveal Recipients of $3.3 Trillion in Emergency Aid

admin
May 24, 2017
Insurance Industry
The Federal Reserve plans to publish the names of companies that received a total of $3.3 trillion in emergency aid during the financial crisis. The Fed will publish the names on its website at 12 noon ET, Bl...
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Biz Brief: Fixing Fannie and Freddie Could Cost as Much as $1 Trillion

admin
May 18, 2017
Insurance Industry
The cost to fix Fannie Mae (FNM) and Freddie Mac (FRE) could run as high as $1 trillion, making it the biggest bailout in U.S. history, Bloomberg News reports. The most modest estimate rings in at around $160 b...

Treasury Sells Big Chunk of AIG Stock at a Profit

admin
March 24, 2017
Insurance Industry
Sept 10 (Reuters) - The U.S. government cut its stake in American International Group Inc (AIG) to about 21.5 percent on Monday, making a profit of $12.4 billion on the insurer's crisis-era bailout and bring...

House Votes to End ‘Car Czar,’ ‘Pay Czar’ Posts

admin
January 21, 2017
Insurance Industry
...

3 Costly Mistakes You Are Making on Life Insurance

admin
January 3, 2017
Insurance Industry
Alamy Thinking about your life insurance is not much fun, and far too many people ignore this necessary task. Too few people have adequate life insurance coverage. And the ones who do aren't getting the best ...

Berkshire Hathaway’s Future Weighs on Investors’ Minds

admin
December 25, 2016
Insurance Industry
ChinaFotoPress/Getty ImagesBerkshire Hathaway vice chairman Charles Thomas Munger, left, and CEO Warren E. Buffett attend a conference in Beijing in 2010. This weekend, somewhere in the neighborhood of 40,000 c...

Walgreen Offers Flu Shot Gift Cards in Expanded Immunization Program

admin
December 23, 2016
Insurance Industry
It may be the perfect gift for the person who has everything: a Walgreen (WAG) gift card good for one flu shot. As part of a nationwide rollout, Walgreens will offer the gift cards as well as round-the-clock, ...

Stocks Jump After Storm Damage Is Less Than Feared

admin
October 6, 2016
Insurance Industry
So much for Irene. Stock indexes rose sharply Monday after it became clear that the tropical storm caused far less damage than many had feared. Stocks rose broadly, led by insurers. The Dow Jones industrial av...

As Banks Exit the Reverse Mortgage Business, Seniors Seek Alternatives

admin
September 15, 2016
Insurance Industry
Last week, Wells Fargo (WFC), the biggest name in the nation's reverse mortgage market, announced that it was getting out of the business, citing concerns that housing prices could continue to erode further. Th...
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