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Prudential Financial Q2 Profit Declines; Revises FY09 Forecast - Update Life insurance company Prudential Financial, Inc., Wednesday reported a drop in the second quarter profit as losses related to pre-tax investment and other items hurt earnings. Results for the quarter also reflects lower revenues, hit by lower investment income, policy charges and fees. Looking ahead, Prudential said it now expects full year 2009 earnings to be higher that its previous projections. For the second quarter,net income dropped to $538 million or $1.25 per share. RTT NewsAnd now, complaints about state bonuses? - Charleston Daily Mail When the Public Employees Insurance Agency announced that because it is on course to run up an $18 billion deficit, it would end its subsidy of retirement health benefits beginning with new hires, criticism was swift. When Gov. Manchin announced that ... Feed DigestU.S. Senator Questions Cigna Over Practices A top Democratic senator is seeking information on Cigna Corp's treatment of small businesses as part of an ongoing investigation into the health insurance industry, the lawmaker said on Wednesday. Topix.netAllstate Q2 Profit Surges Personal property and casualty insurance provider Allstate Corp. reported higher profit for its second quarter, when compared to last year, helped by a 14.4% increase in revenues that included realized capital gains from realized capital losses in the prior year quarter. RTT NewsMoody’s Says Recent Insurer Gains May Not Last Recent insurance industry gains in capitalization may prove “ephemeral,” as recessionary forces continue to constrain economic growth, Moody’s Investors Service warned in a report today. The New York-based firm noted that its ratings for companies are based on the assumption that markets will remain sluggish. Moody’s found that insurance industry capitalization, which ... Insurance Headlines3 Insurers Rise Above In Claims Service Ratings Consumers aren't exactly ecstatic with insurers' claims service these days. According to a recent Consumer Reports survey, which polled 10,700 readers about their satisfaction with their homeowners insurance claims service in the last few years, high-quality insurance can be costly and difficult to get, but there are a few ... Insurance HeadlinesHome Owner Insurance - Choosing the Right Deductible It's important to make sure you choose the right deductible when purchasing a home owner insurance. Determine if you intend to use your home owner insurance for smaller more frequent claims, or if it is so are we for catastrophic events. New York TimesSome mortgage middlemen sued for abuses The AP finds that at least 30 servicers have been accused in lawsuits of harassing borrowers, imposing illegal fees and charging for unnecessary insurance policies. MsnFinancial Stocks: Analyst credits short squeeze for AIG rally Shares of U.S. financial stocks rise as insurance broker Marsh & McLennan takes its turn atop the leader board after posting better-than-expected financial results and margin growth. Market WatchCounty Health Insurance Changed On Unanimous Vote The momentum for a switch has been building up for months and the problems with Marinette County's one-county self-insurance plan have mounted yearly, with big annual deficits despite premiums among the highest in the state of Wisconsin. Topix.net1 2 3 4 5 |
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]
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