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Genworth Financial Inc. is starting to see improvement in the housing and investment markets, which helped the life and mortgage insurer return to profitability in the third quarter.
New York's highest court ruled on Thursday that the owners of Manhattan's biggest apartment complex wrongfully raised rents on thousands of tenants, in a decision that analysts say will bring the property closer to default and could further rattle the commercial mortgage-backed securities market.
Reinsurance Group of America Inc. on Friday said it inked a deal to acquire the U.S. and Canadian group life, accident and health reinsurance business from a division of Dutch insurance giant ING Group NV.
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to B+ from B++ and issuer credit ratings to “bbb-” from “bbb+” of the core life insurance entities of The Phoenix Companies, Inc. [NYSE: PNX], which includes Phoenix Life Insurance Company and PHL Variable Insurance Company.
62, Inc. announced today that it has sold its brand name and related media assets for $16 million in cash to QuinStreet, Inc.
Profit With Protective Life Though shares tumbled Thursday, Protective has 50% upside, says Sterne Agee.
The Meli family once ran a Flint warehouse that kept perishable goods from spoiling. Now it seems their money -- nearly $200,000 -- is stuck in storage.
There are millions of people trying to make money online, but not everyone is making a living out of it. In fact many people actually end up losing money because they have not mastrered time management.
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