Insurance Industry – Page 3 – Your Economy Friend

5 Ways You May Be Overpaying for Health Insurance

March 1, 2016

If you get your health insurance at work, then you've got some big decisions to make. Drag your feet even a few days and you may leave some significant savings on the table. That's because at many companies th...

Social Security Going Bust? That’s the Small Problem

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February 29, 2016

Insurance Industry

Many people are in a near-panic about the woes that Social Security faces. Accused of being a Ponzi scheme, the program is projected to run out of funds by 2036 -- and if it fails, potential consequences could ...

AIG Reaches $450 Million Settlement Over Premium Reporting Practices

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February 20, 2016

Insurance Industry

American International Group (AIG) plans to payout a $450 million settlement to seven insurance companies over allegations it under-reported workers' compensation policy premiums, according to a CNBC report. Ha...

Treasury Has Sold Its Last Shares of AIG (and Turned a Profit, Too)

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February 17, 2016

Insurance Industry

WASHINGTON -- The Treasury Department said Tuesday that it has sold all of its remaining shares of American International Group (AIG), moving to wrap up the government's biggest bailout of the 2008 financial ...

Bailouts Earn $35 Billion for U.S. Taxpayers

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February 10, 2016

Insurance Industry

The federal governments bailout program has earned the taxpayer nearly $35 billion in the last two years, The Associated Press said. Income from the Troubled Asset Relief Program (TARP) rose by almost 17% thr...

AIG vs. Bank of America: Banks Vie for 2012 Comeback King Title

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February 3, 2016

Insurance Industry

AIG (AIG) is on its way to eclipsing Bank of America (BAC) as the turnaround story of 2012 as it prepares to report earnings after Thursday's close. Analysts surveyed by Thomson Reuters are looking for AIG t...

Massachusetts Ruling Slams Bank Foreclosure Practices

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January 29, 2016

Insurance Industry

In a decision that jeopardizes potentially thousands of completed foreclosures in Massachusetts, the state's Supreme Judicial Court affirmed the fundamental and long-established idea that a bank must own the mo...

America’s Bailout Program Benefited Foreign Countries, Oversight Panel Finds

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January 28, 2016

Insurance Industry

The Congressional Oversight Panel released its August oversight report Thursday and it wasn't impressed with the way TARP money flowed into international hands -- especially foreign banks whose governments shou...

How You Can Negotiate Better Prices for Medical Care

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January 21, 2016

Insurance Industry

I'm going to go out on a limb and bet that you probably wouldn't buy a house or car without comparison shopping online. Heck, you probably wouldn't buy a $70 pair of sneakers without shopping around. Yet many o...

MetLife Sells its Banking Unit to Avoid Strict New Fed Regulations

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January 21, 2016

Insurance Industry

In order to avoid new federal rules and heightened scrutiny from the Federal Reserve and other regulators as a "systemically important financial institution," MetLife has decided to sell its banking unit. MetLi...

I’m Not Sold on Whole Life – and You Shouldn’t Be Either

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January 12, 2016

Insurance Industry

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Fracking and Earthquakes: The Risk Is Clear. Who Pays Is Not

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January 8, 2016

Insurance Industry

Doug Menuez/Getty Images The energy industry in the U.S. has surged in the past decade thanks to advances in technology that have allowed companies to extract vast quantities of oil and natural gas from sourc...

Study: Half of Self-Insured Americans Qualify for Aid

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January 6, 2016

Insurance Industry

Bill Clark/Roll Call via Getty ImagesHealth and Human Services Secretary Kathleen Sebelius. WASHINGTON -- About half the people who now buy their own health insurance -- and potentially would face higher pre...

Market Wrap: Stocks Tumble as Greek Debt Crisis Woes Worsen

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December 26, 2015

Insurance Industry

Richard Drew/AP NEW YORK -- U.S. stocks fell sharply Monday in heavy trading, and the S&P 500 and the Dow had their worst day since October after a collapse in Greek bailout talks intensified fears that...