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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

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.

A Pennsylvania insurance company will soon offer a home policy that features a discount for energy-efficient solar and geothermal systems.

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.

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.

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.

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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...

A cheaper option for buying life insurance has surged in popularity in recent years, shaving thousands of pounds of the total cost of policies

Charles Long's career took a spin three years ago. After years working in insurance and the motor trade, he found himself booking a room in the Windsor Arts Centre to see if he could translate his love of Argentinian Tango into a business teaching others the dance's sultry steps