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FDIC chair: Banks should pay for dismantling
The nation's largest banks could take on more assessments levied by the Federal Deposit Insurance Corp. and face penalties for becoming too large, FDIC Chairwoman Sheila Bair hinted Friday morning in Phoenix.
Biz Journal

Senators push for bonus clawback
Senators are preparing a final push next week to impose a punitive tax on bonuses at bailed-out financial institutions such as AIG, the troubled insurance group
FT

Pa. approves insurance discount on green homes
A Pennsylvania insurance company will soon offer a home policy that features a discount for energy-efficient solar and geothermal systems.
The Philadelphia Inquirer

Regulators seize two large corporate credit unions
SAN FRANCISCO (MarketWatch) -- The National Credit Union Administration Board said Friday it has placed two large corporate credit unions into conservatorship 'to stabilize the corporate credit union system and resolve balance sheet issues.' The NCUA said Lenexa, Kan.-based U.S. Central Federal Credit Union and San Dimas, Calif.-based Western Corporate were placed into conservatorship 'to protect retail credit union deposits and the interest of the National Credit Union Share Insurance Fund.' U.S. Central has roughly $34 billion in assets and WesCorp has $23 billion in assets, the NCUA said. Corporate credit unions are chartered to act as a sort of clearinghouse for credit unions serving consumers. 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.
Market Watch

Considerations When Choosing Life Insurance
Abstract: health insurance boston Tag: Health Insurance Boston Making the decision to buy life insurance can have a lasting effect. Without a life insurance policy your family could suffer great financial hardship when you die. Life insurance is a way to ensure that you can still take care of your family after you are gone. Knowing what considerations you should make when choosing a life insurance policy can help make the process easier. Determining the amount of life insurance really depends on your personal situation. Consider what would happen to your family without your income. If it would cause financial problems then you should take that into account when choosing the amount of our policy. You should also consider factors like health insurance that could increase the needed income. The cost of life insurance policies also varies depending on many factors. Company life insurance policies are usually always going to be the cheapest. Most often, though, you are only covered
health-insurance-usa.com

Georgia`s FirstCity Bank becomes 18th failure of 2009
SAN FRANCISCO (MarketWatch) -- Stockbridge, Ga.-based FirstCity Bank was closed by regulators Friday, marking the 18th U.S. bank failure of 2009. The Federal Deposit Insurance Corporation said in a statement that it will mail checks to insured depositors Monday morning, and that FirstCity's direct deposits from the federal government such as Social Security and Veterans' payments will be transferred to SunTrust Banks Inc. . FirstCity had $297 million in assets and $278 million in deposits as of March 18, the FDIC said. 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.
Market Watch

EDD hiring 400 more workers to process unemployment claims
With the unemployment rate in California now into double digits, the state Employment Development Department is stepping up its efforts to provide unemployment insurance benefit assistance by opening its call center phone lines from 10 a.m. to 2 p.m. on Saturdays, beginning March 21 -- and by hiring 400 additional staff to keep up with demand.
Biz Journal

LCCI opposes amendments to insurance rules
Saturday, March 21, 2009 By our correspondent LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Friday took a strong exception to the amendments made by the Securities and Exchange Com...
India Gazette

The new boom in cheap life insurance
A cheaper option for buying life insurance has surged in popularity in recent years, shaving thousands of pounds of the total cost of policies
co.uk

Aluminium may get boost from auto sector (Scrap Metal Prices and Auctions)
Even as the international metal market is witnessing a huge slump following the fall in demand due to recession dogging the US and European auto markets, there is still a glimmer of hope for A recent report released by the Aluminium Association showed that automakers are increasing the amount of aluminum used in vehicles, causing positive [...]Source : Scrap Metal Prices and Auctions (subscribe)Explore : Mining
Wikio

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