business - "insurance"

The anticipated VP debate has ended and both candidates held their own, but there was barely a mention of one of the most pressing issues in the United States. health care. Health care inequities and the rising costs of health insurance plans have been a concern of Americans for a long time. I know the wall street meltdown has eclipsed most everything but I once you describe the 'orgy of Wall Street and the greed of big business' for the 10th time, it's time to move on and talk about your policies for change.read more

SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Friday lowered American International Group's senior unsecured debt rating to A3 from A2. At the same time, AIG's long-term ratings and its Prime-1 short-term rating remain on review for possible downgrade. 'Moody's believes that the asset sales plan announced today, if successful, will enable the company to repay borrowings under the Fed facility and emerge as a more focused, albeit less diversified, insurance firm,' the ratings agency said. The review will take into consideration the risk that the situation may deteriorate, either due to shortfalls in executing the restructuring plan or because of declines in the business or financial profiles of the operations to be retained, according to Moody's. 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.

Britain's banks face another setback next week when the competition watchdog is due to announce a crackdown on the huge profits it claims the lenders make on insurance products

State Compensation insurance Fund, the San Francisco-based workers’ compensation giant long criticized for a shortage of top-notch executive talent and an ingrained lack of transparency, oversight and openness, is subject to new state laws that supporters say will address those weaknesses head on.

A new commercial property and casualty insurance company now is available for Hawaii residents, insurance commissioner J.P. Schmidt announced Friday.

Talk about going out with a win. Sen. Pete Domenici has fought for mental health treatment parity in insurance plans.

American International Group Inc , crippled by losses on bad mortgage bets, said on Friday it will focus on its main insurance operations and put the rest of its businesses up for sale to repay up to $85 billion borrowed from the U.S. government.

Wells Fargo has stunned financial markets by announcing a merger with Wachovia. Wachovia was involved in a government-brokered deal with Citigroup earlier in the week. The Wells Fargo deal puts the Federal Deposit insurance Corporation in an awkward position.

The beleaguered international insurance group announces plans for a massive sell-off of assets that, if successful, would reduce the company's revenues by more than half

Health insurers that provide mental- health benefits will be barred from providing less coverage than they do for other medical services under the $700 billion financial-markets rescue package approved by ...