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Hundreds of thousands of homeowners who were at risk of losing their insurance against flooding have been offered a lifeline
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.
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.
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.
62, Inc. announced today that it has sold its brand name and related media assets for $16 million in cash to QuinStreet, Inc.
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.
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.
Profit With Protective Life Though shares tumbled Thursday, Protective has 50% upside, says Sterne Agee.
SANTA MONICA, Calif.----National Planning Holdings, Inc. , one of the nation’s largest independent broker-dealer networks1, booked revenue of more than $156 million in the third quarter of 2009, a 5.4-percent increase over the prior quarter.
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