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Weekend Insurance Tip: Check out the Gap Insurance Resource Center
Now the About.com Personal Insurance site has its own designated gap insurance resource center. Gap insurance is a popular topic here on the personal insurance site, so I wanted...
About

Wizard conjures new mortgage life
Licensees of fraud-hit home-loan network Wizard are set to relaunch the business as a nationwide mortgage broker under a new brand. Just before Christmas giant financier GE turned into the Grinch for...
Big News Network

Aflac Lays A Goose Egg
Aflac's well-advertised claims to be a reliable provider of supplemental insurance is shaping up as bit of a canard: the company's shares lost more than a third of their value on Thursday on concerns that it was exposed to risky securities issued by European financial institutions.Analyst Nigel Dally of Morgan ...
InsuranceHeadlines

KSA: Tadawul Index up 5.05%
The Saudi stock market switched to a bullish mood at the start of a new week. The Riad-based TASI-index closed 5.05% at 4786.83 points on strong volumes (351,717,568 shares changed hands). 123 shares advanced and only 2 declined. National Industrialization Co. climbed 10%, as well as Al Ahsa, Thim'ar and Saqr Insurance did. Only Saudi Fransi insurance (down 2.91%) and Al Mojil Group (0.83% lower) lost value. The comeback hapens after Standard and Poor's affirmed the'A'-Rating (outlook: stable) of market petrochemical giant SABIC (up 8.84%). SABIC is considered a GCC market bellwether.
AME Info

Insurance Riders
For additional premiums most policies will include riders-provisions attached to the basic contract which give the policyholder extra benefits or options. Some of these are so common that they are automatically inserted in the policy, and the premium is quoted as part of the whole policy.
E-Zine

Insurance and Tax
Insurance death proceeds are specifically exempted by law from income tax liability whether they are paid to an individual, an estate, or a corporation. There is one major exception to the rule, however, and that is where a policy is sold or transferred for 'valuable consideration.' In such a case income taxes are payable on the part of the death proceeds which exceed the new owner's cost.
ezinearticles.com

``2008 Property Losses - The Fourth Highest Cost in a Decade``
That is according to resent data collected by ISO, an insurance risk information source. The ISO reported, 'Insurers paid 3.9 million claims for damage in 40 states resulting from...
about.com

California-based 1st Centennial Bank fails
1st Centennial Bank of Redlands, Calif. was seized by the Federal Deposit Insurance Corp. and state regulators on Friday. It was the third bank failure this year, and brings to 28 the number of banks that have closed since the beginning of the current credit crisis.
MarketWatch

First California Financial Group: First California Assumes Deposits of 1st Centennial Bank
WESTLAKE VILLAGE, CA (MARKET WIRE) First California Financial Group, Inc. (NASDAQ: FCAL), parent company of First California Bank, today announced that First California Bank assumed the insured deposits of 1st Centennial Bank, the wholly-owned subsidiary of 1st Centennial Bancorp (OTCBB: FCEN), effective at the close of business today, from the Federal Deposit Insurance Corporation ('FDIC') acting in its capacity as receiver of 1st Centennial Bank.
Marketwire.com

Regulators close 1st Centennial Bank in California (AP)
Regulators on Friday shut down 1st Centennial Bank in California, the third U.S. bank to fail this year. California regulators closed the Redlands-based bank and appointed the Federal Deposit Insurance Corp. as receiver. 1st Centennial had assets of $803.3 million and deposits of $676.9 million as of Jan. 9.
yahoo.com

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Archived "business - whole life insurance" news stories.

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