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AIG publishes counterparty list
The US insurance group caved in to political pressure and released a list of some of the financial counterparties that benefited from its $160bn US government rescue
FT

Aeron Forex - Klue
Aeron ForexKlue, MalaysiaAeron Forex Auto Trader Is For Automatic Trading In Forex Market. Human Manual Trading Is Always Affected By Emotions Like Greed And Fear. An Auto Trading Software Can Eliminate The Chances Of The Traders Emotions Affecting His Or Her Decisions. ...
Info 5000

New Mexico House Rejects Mandate on Owners of Dangerous Dogs
The New Mexico House rejected a proposal that would have required owners of dangerous dogs to obtain liability insurance to cover damages or injuries caused by the animals.The legislation, ...
Insurancejournal.com

Outrage growing over millions in AIG executive bonuses
AIG is paying out the executive bonuses to meet a Sunday deadline, but the troubled insurance giant has agreed to administration requests to restrain future payments.
Houston Chronicle

Summers `outrage` at AIG bonuses
President Barack Obama's administration expressed outrage at $165m of bonuses paid by the troubled insurance group, but said it could not stop the payments
FT

Not In Auto Device Tie-up Talks
Their comments come after the Yomiuri Shimbun reported during the weekend that the two companies have begun talks on a tie-up in car navigation and other auto- device operations. Pioneer said in a r...
India Gazette

FORTIS: Fortis holding pays no dividend for the 2008 financial year
BRUSSELS, BELGIUM (MARKET WIRE) The net assets of Fortis SA/NV* have fallen to less than 50% of the registered capital, as a consequence of the problems in the financial markets and the sale of the banking activities and the Dutch insurance activities. This situation was submitted to the Extraordinary General Meeting of Fortis SA/NV on 19 December 2008. The proposal to continue the activities was approved by a 96.98% majority.
Market Wire

FORTIS: Memorandum of Understanding Between Fortis and Ping An Expired
BRUSSEL, BELGIUM (MARKET WIRE) Fortis announces that the Memorandum of Understanding (MOU) dated 28 November 2007 between Ping An Insurance Company of China, Ltd. and Fortis has expired on March 13th.
Market Wire

AIG to hand out $688m in bonuses
BARACK Obama's top economic adviser blasts 'outrageous' conduct at AIG as the bailed-out insurance giant prepares to hand out millions.
The Australian

AIG Discloses Recipients Of Bailout Payments - Washington Post
Insurance giant reveals it paid more than $75B in taxpayer dollars in the final months of 2008 to numerous banks, as well as U.S. municipalities.
NewsRack

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Archived "business - auto insurance" news stories.

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