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FEMA Launches Effort to Measure Impact of Climate Change on Flood Insurance
ORLANDO, Fla. -- Federal officials are struggling to calculate the fiscal impact that climate change could have on the nation's troubled public flood insurance program, amid predictions of intensifying downpours and more potent hurricanes. The mission is proving extremely difficult, according to one researcher, who said the effort so far ...
Insurance Headlines

P-C Insurers Passed A Real ERM Test Last Year, Analysts Say
BROOKLYN, N.Y.—The only real way to test the effectiveness of an organization’s enterprise risk management system is with real-life disasters, and on that score, property-casualty insurers passed with flying colors in 2008, according to analysts. Speaking at the S&P 2009 Insurance Conference last week, investment analysts who research p-c insurance companies ...
Insurance Headlines

Lawmakers` industry ties
According to financial disclosure reports: * Sen. Jay Rockefeller, D-W.Va., reported $15,001 to $50,000 in capital gains for his wife from the sale of a stake in Athenahealth Inc., a business services company that helps medical providers with billing and clinical operations.
Topix.net

Sikorsky wants to partner on helicopter program
Sikorsky is willing to work with Lockheed Martin Corp. to supply helicopters to the White House, according to a published report.
Market Watch

What you need to know - MSNBC
According to the Associated Press, a record 11,216 reverse money mortgages were made in March of this year, up from 9,086 the month before. With retirees’ stock investments losing much of their wort...
Big News Network

Demise of 90% LTV blocks first-time buyers
The plight of would-be first-time buyers is highlighted by new research from Moneysupermarket.com. According to the price comparison website, home loans requiring a 10% deposit have all but disappeared in the credit crisis with only 102 available today, compared with 3,124 in January 2007, a decline of 97%. First-time buyers are also being penalised on interest rates [...]
Finance Markets

Sinopec in Takeover Talks With Addax Petroleum
Sinopec the Chinese state oil group is reported to be in preliminary talks to acquire Addax Petroleum according to local media reports. Addax is listed in Toronto and London and has offices in Swit
Oil Voice

Big firms love being Bangalored - Times of India
BANGALORE: Bangalore continues to be the innovation hub of India. The city is a clear leader for R&D offshoring by MNCs, both for captive units and outsourced product development. According to research firm Zinnov Management Consulting, out of the ...
Feed Digest

Small saving schemes back in vogue
MUMBAI: With bank and corporate deposit rates falling, investors are 'rediscovering'' an alternative avenue to park their funds. According to investment consultants, people are once again showing i...
India Gazette

What you need to know - Today Show
According to the Associated Press, a record 11,216 reverse money mortgages were made in March of this year, up from 9,086 the month before. With retirees’ stock investments losing much of their wort...
Big News Network

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