Tuesday, November 11, 2008

Steven Wevodau - We're Trying to Help the Uninsured and Doctors, Too - Wall Street Journal

We're Trying to Help the Uninsured and Doctors, Too - Wall Street Journal
The basic premise of Frederic Jarrett's Oct. 25 op-ed, " Pennsylvania Is Driving Its Doctors Away ," is flat out wrong. Dr. Jarrett writes: Gov. Ed "Rendell wants his health-care program to be funded by the premiums doctors paid into Mcare." The

Insurance giants losing ground - Economic Times
CHENNAI: With new kids on the block breathing down their neck, insurance giants are increasingly finding it tough. A look at the market share shows that Life Insurance Corporation, ICICI Prudential and Bajaj Allianz have lost significantly. Numbers

Oil and gas insurance risk exposure now $101bn - Punch
The Group Managing Director, Nigeria National Petroleum Corporation, Mr. Abubakar Yar’Adua, has said that oil and gas related risks exposure in the country was now about $101.14bn out of which $33bn or 33 per cent, was retained in Nigeria. He also

Monday, November 10, 2008

Steven Wevodau - Gov't provides $150 billion aid package to insurance giant AIG - Minneapolis Star Tribune

Gov't provides $150 billion aid package to insurance giant AIG - Minneapolis Star Tribune
WASHINGTON - In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership. The action

U.S. Provides New Aid to AIG - The Ledger
WASHINGTON | The government Monday provided new financial assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership. The action, announced jointly by the

Universal Insurance Holdings, Inc. Reports Third-Quarter and First - MSN MoneyCentral
Universal Insurance Holdings, Inc. ("the Company") (NYSE Alternext U.S.: UVE) (AMEX: UVE), a vertically integrated insurance holding company, announced third-quarter net income of $7.4 million, or $0.19 per diluted share, compared to $13.8 million

AIG's $173 Billion 'New Deal' With America - Street.Com
The new restructuring, the third such plan, is the next-to-last step on the road to recovery, according to Liddy, giving AIG the flexibility needed to be better positioned to execute the company's divestiture program. Confirming that AIG is not

Sector Snap: Insurers down on AIG bailout, 3Q loss - Forbes
Shares of some of the nation's biggest insurance companies fluctuated Monday as American International Group Inc., once the world's largest insurer before being hit hard by the meltdown in the credit markets, said continued financial market turmoil

Embrace Pet Insurance Secures Over $2 Million in First Institutional - Earthtimes
MAYFIELD VILLAGE, Ohio , Nov. 10 /PRNewswire/ -- Embrace Pet Insurance, ( www.embracepetinsurance.com ), a leading provider of pet health insurance in the U.S., announced the completion of its first institutional investment round of $2.1 million

Rising health costs drive Americans to seek medical treatment overseas - Xinhua News Agency
LOS ANGELES, Nov. 10 (Xinhua) -- Rising health costs and dwindling insurance coverage are driving hundreds of thousands of Americans to travel far to seek crucial treatment overseas in order to avoid potentially devastating medical bills, a newspaper

US expands record bailout of insurance giant AIG - Raw Story
The US government announced Monday an expanded bailout for insurance giant AIG, in excess of 150 billion dollars, as it tapped into emergency funds originally set for banks. The latest bailout plan, the largest in US history, came as AIG burned

Steven Wevodau - Sector Snap: Insurers down on AIG bailout, 3Q loss - Forbes

Shares of some of the nation's biggest insurance companies fluctuated Monday as American International Group Inc., once the world's largest insurer before being hit hard by the meltdown in the credit markets, said continued financial market turmoil Steven Wevodau

MAYFIELD VILLAGE, Ohio , Nov. 10 /PRNewswire/ -- Embrace Pet Insurance, ( www.embracepetinsurance.com ), a leading provider of pet health insurance in the U.S., announced the completion of its first institutional investment round of $2.1 million Steven Wevodau

Universal Insurance Holdings, Inc. ("the Company") (NYSE Alternext U.S.: UVE) (AMEX: UVE), a vertically integrated insurance holding company, announced third-quarter net income of $7.4 million, or $0.19 per diluted share, compared to $13.8 million Steven Wevodau

NEW YORK (CNNMoney.com) -- Troubled insurer American International Group got a reworked $152.5 billion deal from the federal government Monday, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's Steven Wevodau

OLDWICK, N.J. - (Business Wire) A.M. Best Co. has placed the financial strength rating of B++ (Good) and issuer credit rating of “ bbb+ ” of The Exchange Insurance Company Limited (Exchange) under review with negative implications. The ratings Steven Wevodau

WASHINGTON - In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership. The action Steven Wevodau

LOS ANGELES, Nov. 10 (Xinhua) -- Rising health costs and dwindling insurance coverage are driving hundreds of thousands of Americans to travel far to seek crucial treatment overseas in order to avoid potentially devastating medical bills, a newspaper Steven Wevodau

WASHINGTON | The government Monday provided new financial assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership. The action, announced jointly by the Steven Wevodau

Sunday, November 9, 2008

Steven Wevodau - Alliant Insurance Services Announces Expansion of its Corporate Risk - PR Inside

www.alliantinsurance.com - Alliant Insurance Services Lynda Lane Senior Vice President Corporate Director, Strategic Relations 949-260-5050 llane@alliantinsurance.com Alliant Insurance Services, the nation's largest specialty insurance brokerage firm Steven Wevodau

A series of community meetings are being held this week to educate Natomas residents about upcoming flood insurance requirements. The meetings are 6 to 8:30 p.m. Wednesday at the South Natomas Community Center, 2921 Truxel Road, Sacramento and 6 to 7 Steven Wevodau

Saturday, November 8, 2008

Steven Wevodau - Max Specialty Insurance Company Adds New Hampshire, is now an Eligible - PR Inside

- Stephen J. Vaccaro, Jr., President and Chief Executive Officer of Max Specialty Insurance Company, an excess and surplus lines company headquartered in Richmond, Virginia, today announced that, with the addition of New Hampshire, Max Specialty is Steven Wevodau

Until now shrinking the stomach for weight loss was done through lengthy and risky surgery, but a new procedure can do it in under an hour with no cutting. When 30-year-old Belinda Guevara's weight peaked at 217 pounds she decided to take action Steven Wevodau

The story of America has been a journey toward being a fairer and more just nation. We have encountered many barriers along the way, and at times we have stumbled. But again and again, we have come together to surmount the obstacles in our path and Steven Wevodau

WASHINGTON - Regulators shut down Houston-based Franklin Bank and Security Pacific Bank in Los Angeles on Friday, bringing the number of failures of federally insured banks this year to 19. The Federal Deposit Insurance Corp. was appointed receiver Steven Wevodau

Unexpected illness causes 350,000 personal bankruptcies per year. Through 2007, disability caused nearly half of all mortgage foreclosures. Two-thirds of Americans live paycheck-to-paycheck. Despite the above statistics, most families are woefully Steven Wevodau

NEW YORK (CNNMoney.com) -- The tally of failed banks in 2008 rose to 19 as the government announced that a Texas and a California bank had been shuttered Friday night. Franklin Bank, a Houston, Texas-based bank and Security Pacific Bank, a Los Steven Wevodau

- Although the U.S. life insurance industry is not as deeply impacted by the current economic crisis as other segments of the financial services industry, the interconnectedness of banks, asset managers, brokerage firms, and insurers themselves means Steven Wevodau

Steven Wevodau - Regulators shut banks in Texas, California - FOX News

WASHINGTON — Regulators shut down Houston-based Franklin Bank and Security Pacific Bank in Los Angeles on Friday, bringing the number of failures of federally insured banks this year to 19. The Federal Deposit Insurance Corp. was appointed receiver Steven Wevodau

Nov. 8 (Bloomberg) -- Billionaire Warren Buffett 's Berkshire Hathaway Inc. posted a fourth straight profit drop, the longest streak of quarterly declines in more than a decade, as hurricanes hurt returns at insurance operations and investments lost Steven Wevodau

WASHINGTON — Two insurance companies have said they will not participate in the government's rescue program to directly invest billions in financial companies. Some insurers likely would be eligible under the Treasury Department's expanding plan or Steven Wevodau

NEW YORK (CNNMoney.com) -- The tally of failed banks in 2008 rose to 19 as the government announced that a Texas and a California bank had been shuttered Friday night. Franklin Bank, a Houston, Texas-based bank and Security Pacific Bank, a Los Steven Wevodau

NEW YORK, Nov 7 (Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Friday third-quarter profit fell 77 percent, the fourth straight quarterly decline, hurt by weaker results from insurance underwriting and a big loss on derivatives contracts Steven Wevodau

Friday, November 7, 2008

Steven Wevodau - NipponKoa Insurance-6-month parent - Forbes

NipponKoa Insurance-6-month parent - Forbes
Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Neither

Delphi Financial Declares Regular $0.10 Per Share Cash Dividend - MSN MoneyCentral
Delphi Financial Group, Inc. DFG announced today that its Board of Directors declared a regular quarterly cash dividend of $0.10 per share on the Company ’ s common stock, payable on December 4, 2008 to shareholders of record at the close of

Insurance agency opens Fishkill branch - Poughkeepsie Journal
Rose & Kiernan Inc., headquartered in Albany County, recently opened a branch at 60 Merritt Blvd., Fishkill. This office consolidated two offices that have been in Beacon and the Town of Poughkeepsie. Staff relocated to Fishkill and will serve

Fidelity National Financial, Inc. and LandAmerica Financial Group, Inc - MSN MoneyCentral
JACKSONVILLE, Fla. and RICHMOND, Va. , Nov. 7 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. FNF and LandAmerica Financial Group, Inc. LFG today announced the signing of a definitive merger agreement under which FNF will acquire LFG

Shipowners Idle 20% of Bulk Vessels as Rates Collapse (Update1) - Bloomberg
Nov. 7 (Bloomberg) -- At least 20 percent of the vessels most commonly hired to haul coal and ore are sitting empty as steelmakers cut output and dwindling trade credit halts deliveries, Lorentzen & Stemoco A/S shipbroker Kjetil Sjuve said. Fifty to

Colin Ward appointed as Business Development Manager for William - Zawya.com
Dubai Insurance Company Dubai Insurance Company has continued to develop its partnership with international insurance specialist William Russell in the Middle East by appointing Colin Ward as Business Development Manager for the William Russell plans

States face unemployment cash crisis - CNN Money
NEW YORK (CNNMoney.com) -- State unemployment insurance trust funds are rapidly running out of money amid soaring job losses. This is prompting state officials to consider raising employer taxes or curtailing benefits, while forcing them to borrow

Car Impounded After Dog Drives Away From Car Wash - FOX News
PRYOR, Okla. — A dog waiting in a car while at a car wash slipped the vehicle into gear and drove in a loop before the car came to a stop. Pryor police officer Brent Crittenden said the dog's owner was washing the vehicle when the 70-pound pit bull