Regulator to run IndyMac while buyer soughtWASHINGTON (Reuters) - Mortgage lender IndyMac Bancorp Inc was taken over by the Federal Deposit insurance Corp on Friday, which will run the bank while it looks for a buyer.
Regulators close IndyMac BancorpSAN FRANCISCO (MarketWatch) -- U.S. banking regulators said Friday they have closed IndyMac Banorp Inc., the biggest retail bank to succumb to the ongoing U.S. subprime mortgage crisis. The Federal Deposit insurance Corp. said in a statement it will take over operations of IndyMac , which had total assets of $33.01 billion and total deposits of $19.06 billion as of March 31. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Hilb Rogal & Hobbs Company Sets Dates for 2008 Second Quarter Financial Results and Conference Call (Business Wire)RICHMOND, Va.----Hilb Rogal & Hobbs Company , one of the world's largest insurance and risk management intermediaries, will release financial results for the second quarter of 2008 after the close of trading on Wednesday, July 30.
Workers comp managers say privatization beneficial (AP)Complaints about North Dakota's Workforce Safety and insurance agency may not translate into support for making WSI a private business and allowing competition from other insurers, state lawmakers say.
New insurance rules to send brokers bustSTOCKBROKERS fear a second wave of failures in the industry as firms struggle to find insurers to cover potential claims by clients.
What is an Insurance Settlement?An insurance settlement often generates annuity payments structured to pay out over time. What other types of insurance settlements are there and can those payouts be accelerated?
What The Medicare Vote Means To YouWednesday's 69-30 Senate vote to reduce the subsidies for Medicare Advantage and Private fee for service health insurance plans and rescind the cut in physician reimbursement will have far reaching implications. I watched the historic vote while sitting in a bar in DC (only in DC would the TV over the bar be tuned to CSPAN); when Sen Kennedy walked on the Senate floor in his first appearance since being diagnosed with cancer the outcome was foregone conclusion; his vote would be the 60th.read more
Mis-Sold PPI - Are You a Victim?Payment Protection insurance (PPI) is intended to provide a safeguard to borrowers who find they can't earn money and maintain repayments because of a variety of unexpected events. These events could be an accident, illness or loss of income due to dismissal or redundancy. The insurance will then cover your repayments for a preset period.
Blow for Royal Bank of ScotlandZurich Financial services, one of the leading bidders for Royal Bank of Scotland's insurance arm, has decided to pull out of the running.
Top Arizona Home Insurance Companies ReviewedThe amount of questions that I get on this topic inspired my researchers to assemble this list of the top Arizona home insurance companies. Reviewed companies and the knowledge of what kind of coverage you need and how to get the best homeowners insurance discounts will help you make an informed decision. Let's start at the beginning. Who are the top Arizona home insurance companies? In my opinion, here they are:
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Archived "business - insurance" news stories.
 Available news archives.
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