Cheapest Car Insurance Quote Online

Insurance Rates & Quotes News


Humana CEO compensation for 2009 jumps 26 percent (AP)

AP - Health insurer Humana Inc. paid CEO Michael B. McCallister 26 percent more last year than in 2008, largely because of a $1.8 million performance-related bonus.

Summary Box: Stocks end day of quiet trading mixed (AP)

AP - MODEST MOVES: Stocks ended mixed after insurer American International Group Inc. reached a deal to sell one of its major foreign divisions to MetLife Inc. for $15.5 billion. Investors see buyouts as a sign of confidence in the economy.

How the major stock indexes fared on Monday (AP)

AP - Stocks ended mixed after a new round of mergers and acquisitions raised some hope for the economy. Financial shares rose after insurer American International Group Inc. reached a deal to sell one of its major foreign divisions to MetLife Inc. for $15.5 billion. Meanwhile, health care stocks fell after President Barack Obama called for passage of health care legislation.

AIG sells Alico unit to MetLife for $15.5 billion (AP)

FILE - In this March 18, 2009 file photo, an AIG office building is shown in New York. American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc., the insurer said Monday, March 8, 2010, as it attempts to repay billions in government aid.(AP Photo/Mark Lennihan, file)AP - American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.



AIG's Greenberg to testify Wednesday on Gen Re (Reuters)

Reuters - Maurice "Hank" Greenberg, the former chief executive of American International Group Inc , will testify on Wednesday over a sham transaction involving the insurer and a unit of Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N), a judge ruled.

US insurer MetLife to buy AIG unit for $15.5 bln (AFP)

Spectators gather around the MetLife blimp at the United States Air Force Museum in Dayton, Ohio, in 2003. US life insurance giant MetLife will acquire a unit of American International Group in a 15.5-billion-dollar deal that will help AIG pay back part of its government bailout, the firms said Monday.(AFP/Getty Images/File/Mike Simons)AFP - US life insurance giant MetLife will acquire a unit of American International Group in a 15.5-billion-dollar deal that will help AIG pay back part of its government bailout, the firms said Monday.



Prudential may exit some Asia markets post-AIA buy (Reuters)

A security guard is silhouetted in front a Prudential office in London March 1, 2010. REUTERS/Luke MacGregorReuters - Britain's Prudential Plc may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's AIA, sources directly involved with the deal said on Friday, allowing the bulked-up insurer to focus on key markets.



Insurer Aviva bounces back into black in 2009 (AFP)

British insurer Aviva posted a return to annual profits and said it would seek growth in Europe, in contrast to its larger rival Prudential which is chasing rapid expansion in Asia.(AFP/File/Ben Stansall)AFP - British insurer Aviva posted a return to annual profits on Thursday and said it would seek growth in Europe, in contrast to its larger rival Prudential which is chasing rapid expansion in Asia.



Consumer group sues insurer over policy changes (AP)

FILE - In this Oct. 27, 2003 file photo, employees enter the headquarters of Anthem Inc. in Indianapolis. Anthem Blue Cross, a subsidiary of WellPoint Inc., has been under fire for a week from regulators and politicians for notifying some of its 800,000 individual policyholders in California that it plans to raise rates by up to 39 percent March 1. A consumer watchdog group filed a lawsuit Monday March 1, 2010, against California's largest for-profit health insurer Anthem Blue Cross, on behalf of policyholders, claiming they were pushed to take coverage with fewer benefits and higher deductibles. (AP Photo/Darron Cummings, File)AP - Mary Feller's family of three spends nearly $25,000 a year on health insurance premiums, which is more than they pay on their home's mortgage in California's Marin County.



Prudential taps Asia sovereign funds over AIA deal (AFP)

British insurer Prudential is tapping sovereign wealth funds in China and Singapore to help finance its 35.5 billion dollar buyout of US insurance giant AIG's Asian arm, a report has said.(AFP/File/Leon Neal)AFP - British insurer Prudential is tapping sovereign wealth funds in China and Singapore to help finance its 35.5 billion dollar buyout of US insurance giant AIG's Asian arm, a report said Tuesday.



Pages
Categories
Sponsored Ads
Latest Posts
Sponsored Ads
Latest Flickr
Image Image Image Image Image Image Image Image
Links