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FDIC Poised to Double Bank Fees
FDIC was expected to temporarily more than double the fees it charges banks in order to replenish the federal deposit-insurance fund.
WSJ.com

Appelrouth Farah & Co.: Bear Stearns Ordered to Pay $27.3 Million in Damages to Investors for Misrepresenting Its Investment Strategies
MIAMI, FL (MARKET WIRE) After 17 years of litigation, Bear Stearns & Co., one of the largest global investment firms in the world, was ordered to pay $27,353,000 in damages to the state of Delaware, as receiver for National Heritage Life Insurance Company (NHL), a Delaware company with principal offices in Orlando, Florida. According to the recent decision by Ninth Judicial Circuit Court General Magistrate James E. Glatt, Jr., Bear Stearns misrepresented the nature of its investment strategy to NHL.
Marketwire.com

Health Care Stocks Drag Market Down
Health care stocks bore the brunt of investors' wrath. Health insurers and drug companies, some of the better performers on Wall Street lately, led the market lower after the White House proposed cutting payments to private insurance plans.
CBS News

Healthcare pulls market lower
Friday Feb 27, 2009 NEW YORK - Health care stocks, one of the better performers on Wall Street lately, led the market lower after the White House proposed cutting payments to private insurance plans.T...
bignewsnetwork.com

FDIC Poised to Raise Bank Fees
FDIC was expected to temporarily more than double the fees it charges banks in order to replenish the federal deposit-insurance fund.
Wall Street Journal

Successful Agents Work Smarter, Not Harder
There is so much information available today on how to be successful in business but in reality few people really are. So what is the difference between being successful and just barely making it as an insurance agent? Successful agents don’t necessarily work harder, they work smarter; taking advantage of ...
InsuranceHeadlines.com

Banking Industry Posts First Loss Since 1990, FDIC Says
The Federal Deposit Insurance Corporation ( FDIC ) announced the first quarterly loss in U.S. banks since 1990 in the fourth quarter. Although the FDIC does not name the banks, they said, in total, U.S. banks lost 26.2 billion in Q4. In 1990, losses totalled...(read more)
Mortgage News Daily

NAIC Task Force Adopts Climate Change Survey
The National Association of Insurance Commissioners’ Climate Change and Global Warming Task Force voted to adopt a mandatory “Climate Risk Disclosure Survey” that would query insurers on matters related to global warming and make their answers publicly available. The Feb. 24 vote via teleconference clears the survey for consideration by ...
InsuranceHeadlines.com

Obama Plans Dent Health Insurer Shares
Health-insurance stocks plunged, led by a 19% drop in Humana shares, after the Obama administration outlined its health-reform agenda.
WSJ.com

S&P Cuts Ratings on Life Insurers
Standard & Poor's Ratings Services cut credit ratings on 10 groups of U.S. life insurers and seven U.S. life-insurance holding companies.
WSJ.com

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Archived "business - marine insurance" news stories.

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