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Bayer settles claims with Ohio, other states over Yaz
German pharmaceuticals giant Bayer AG is changing the way it advertises its Yaz contraceptive under terms of a legal accord with Ohio and 26 other states, Attorney General Richard Cordray said Monday.
bizjournals

Moody's downgrades Idearc
Ratings agency Moody's has downgraded yellow pages publisher Idearc Inc. on concerns that its heavy debt load could prompt the company to file for bankruptcy protection or seek another type of comprehensive restructuring.
Bizjournals.com

Madoff Claims Another Victim
The SEC's embattled enforcement chief quits the agency.
Forbes

FirstBest Systems: Independent Research Firms Recognize FirstBest Systems in Recent Insurance Technology Reports
BEDFORD, MA (MARKET WIRE) FirstBest(R) Systems, Inc., developer of advanced Underwriting Management Systems(TM) (UMS) for commercial insurance carriers, announced today that the company and its solution has received special recognition in recent reports from independent research firms Forrester Research, Novarica and Gartner. The inclusion of FirstBest in the industry reports, as well as recognition of UMS as a new breed of solution, combining a next-generation underwriting workstation with a point-of-sale agency portal, underscores the need for new technologies to help property and casualty insurers, and
Marketwire.com

FEMA defends 650K denials for post-Ike aid
HOUSTON (AP) — The Federal Emergency Management Agency has denied nearly 650,000 applications for housing aid after Hurricane Ike hit southeast Texas, finding that nearly 90% of all claimants were ineligible for FEMA help. Those rejected and their attorneys say the inspectors are unqualified or poorly trained and the inspection ...
InsuranceHeadlines.com

Crenshaw Communications: Former Stanton Crenshaw President and Staff Announce Crenshaw Communications
NEW YORK, NY (MARKET WIRE) Former Stanton Crenshaw cofounder and president Dorothy Crenshaw today announced Crenshaw Communications (www.crenshawcomm.com), as a new brand born out of the Stanton Crenshaw split into separate agencies. With the tag line 'Creative Public Relations for a Digital World,' the agency will focus on innovative business and consumer communications with an emphasis on consumer marketing PR, consumer and business technology, and digital and social media.
Marketwire.com

Tenn. sees major spike in 2008 foreclosure filings
The state of Tennessee saw a major spike in foreclosure filings in 2008, according to a report by the Tennessee Housing Development Agency. Of the 2,330,483 foreclosures filed nationwide in 2008, Ten...
Big News Network

Personal Finance Daily: Stimulus bill promises jobs, but will they be for you?
The final economic-stimulus bill, once it is approved by Congress, won't create a Works Progress Administration or a Civilian Conservation Corps, agencies that provided millions of Americans a government paycheck during the Great Depression. But it will aim to indirectly save or create more than 3 million jobs with investments in infrastructure and health care, among other areas.
MarketWatch.com

SEC enforcement chief Linda Thomsen resigns
WASHINGTON » The top cop at the Securities and Exchange Commission is leaving the government less than a week after receiving an angry dressing-down before Congress over the agency's failure to detect a massive alleged fraud scheme.
The Salt Lake Tribune

Putin comes down hard on insider trading
Vladimir Putin ordered a crackdown today on insider trading in Russia's ailing stock markets and said that the country should create its own debt ratings agencies. The Russian Prime Minister said...
Big News Network

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