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Hundreds of thousands of homeowners who were at risk of losing their insurance against flooding have been offered a lifeline
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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.
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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.
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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.
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Insure.com, Inc. announced today that it has sold its Insure.com brand name and related media assets for $16 million in cash to QuinStreet, Inc.
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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.
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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.
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Profit With Protective Life Though shares tumbled Thursday, Protective has 50% upside, says Sterne Agee.
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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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