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Iowa Mill Company Suing AIG, ACE Over Flood Insurance Claims A Cedar Rapids corn milling company is suing a unit of insurance giant AIG and another company, accusing them of acting in bad faith for refusing to pay flood insurance claims.Penford Products ... Insurancejournal.comAIG, Countrywide in Legal Feud Over Insurance for Subprime Loans An AIG unit and Countrywide Financial Corp., now part of Bank of America Corp., have sued each other, alleging breach of contract, in a dispute over insurance losses for subprime mortgage loans ... Insurancejournal.comOfficials: Obama must turn AIG anger into support Three prominent elected officials want President Barack Obama to channel the public anger over the AIG bonuses into action that supports public works projects.Pennsylvania Gov. Ed Rendell and California Gov. Arnold Schwarzenegger have joined New York City Mayor Michael Bloomberg in a coalition that promotes rebuilding roads, bridges and other projects.Rendell says the controversy over the bonuses paid to executives at the insurance giant American International Group Inc. has taken attention away from Obama's efforts to get the country moving again. Topix.netGOP in NY demands probe into AIG campaign donation New York's Republican Party says the Democrat-controlled state government is ignoring calls for an investigation into a $100,000 donation to the state Democratic Party from American International Group days before officials initiated the bailout of the insurance giant. Topix.netAIG sparks ``Lifestyles of the Rich & Infamous`` tour A small political party angry at bonuses paid to staff of bailed out insurance giant American International Group is organizing a bus tour to the Connecticut homes of several AIG executives. Topix.netPolicy brief on corporate governance in the MENA region`s insurance industry released by AFIRC and Hawkamah UAE. Authors hope the policy paper will support the development of good gorporate governance for the insurance industry in the MENA region. Business Intelligence Middle EastWater Stocks Sector Close - Up and Commentary; Neil Berlant of the PFW Water Fund (PFWAX) Discusses Investing in Water POINT ROBERTS, WA and DELTA, BC - March 22, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents investing in water, the first in a series of commentary and insight with Neil Berlant, Fund Manager of the PFW Water Fund (PFWAX). Investor Ideas3 Million People Are At Risk With Out Of Date European Health Insurance Cards, UK UK residents travelling in Europe should check the renewal date on their European Health Insurance Card (EHIC), as 3.3 million will have expired by end of March, the Department of Health urged today. The warning comes as new figures show that only 292,089 people have renewed their EHIC to date, leaving more than 3 million people with an out-of-date card. Medical News TodayWashington Mutual sues FDIC for $13 billion Failed savings and loan Washington Mutual Inc. has sued the Federal Deposit Insurance Corp. for $13 billion in claims in connection with the September seizure and sale of the Seattle-based thrift to JPMorgan Chase & Co. (JPM) Biz Journal |
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