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Treasuries Drop as U.S. Prepares to Sell Record Amount of Debt Tuesday, January 6, 2009 @ 6:07AMJan. 6 (Bloomberg) -- Ten-year Treasuries fell for a fourth day, pushing yields to near the highest level in three weeks, as the U.S. prepared to sell a record amount of debt to pay for government efforts to snap the recession.
Voltage Security Provides RLI With Rapid Solution to Secure Personally Identifiable Information Tuesday, January 6, 2009 @ 6:07AM Voltage Security, a global leader in information encryption, today announced that RLI, a leading specialty insurance company, will use breakthrough security technology from Voltage to protect critical customer information.
Insular Life launches toll-free number for customers Tuesday, January 6, 2009 @ 6:04AMMANILA, Philippines - Insular Life, the Philippines" first and largest insurance company, launched a local toll-free number for its customers after it partnered with Cisco, a software and hardware computer firm.
India UTI hopes to sell up to 26 pct stake by March Tuesday, January 6, 2009 @ 6:01AM(Adds analyst quote, details, background)
HUB International Acquires Gemini Group, Inc. Tuesday, January 6, 2009 @ 6:00AM CHICAGO----Hub International Limited announced today that it has acquired the assets of Gemini Group, Inc. , a Denver, Colorado based employee benefits broker and consultant. Terms of the acquisition were not disclosed.
Portable health covers to have limited benefits Monday, January 5, 2009 @ 6:03PMGeneral insurers may be touting portability of health covers as the next big consumer-centric reform, but the benefits will be limited to only those individuals who decide to lower their coverage to Rs 1 lakh.
(AFX UK Focus) 2009-01-05 23:46 UPDATE 3-MOVES-B of A, Nippon Life, Duane Morris Monday, January 5, 2009 @ 6:03PMNEW YORK, Jan 5 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, please e-mail moves@thomsonreuters.com.
The graying of presidents Monday, January 5, 2009 @ 6:01PMPresidents of the United States, it seems, age right before our eyes. Their faces, creased and drawn, are road maps of wars and natural disasters and economic calamity.
Can New Regulation Stop Another Madoff? Monday, January 5, 2009 @ 6:01PMReform will be a priority with the new Congress. But where to start?
SEC probe widens in wake of alleged $50B fraud Monday, January 5, 2009 @ 6:00PMRepublican and Democratic House members said today that the alleged US$50-billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the U.S. Securities and Exchange Commission.
MSS auction Sunday, January 4, 2009 @ 12:10PMThe reductions were largely effected partly to improve liquidity. The CRR reduction would improve liquidity by another Rs 20,000 crore. Liquidity has already improved as a result of redemptions of the Market Stabilisation Scheme (MSS) securities.
LIC, ICICI Pru sales fall in Nov Sunday, January 4, 2009 @ 11:58AMLife Insurance Corporation of India (LIC), the country’s largest insurer, has managed to mitigate some of the losses in new business premium to four per cent during November as against a 16 per cent drop in October.
Financial Q&A: Callable CDs promise higher returns but carry more risk Sunday, January 4, 2009 @ 11:23AMSubmit your questions to Steve at: money@csmonitor.com
Markets see revival in govt package Friday, January 2, 2009 @ 9:30PMThe government’s second economic stimulus package, along with the Reserve Bank of India’s (RBI’s) decision to further cut policy rates as well as the cash reserve ratio — the amount which banks have to park with the central bank — has shown some hope for the stock markets, say players.
Rangel Pushed School; Insurer Pushed Tax Cut Friday, January 2, 2009 @ 9:27PMRepresentative Charles B. Rangel supported a tax change that would save A.I.G. millions shortly after asking company officials to donate to a school being built in his honor.
Prudential First merging with Hunt Real Estate Friday, January 2, 2009 @ 9:20PMBUFFALO — Buffalo-based Hunt Real Estate Corporation will be merging with Prudential First Properties and taking over operations of both businesses. Hunt Real Estate operates two residential real estate brokerage offices in Syracuse with 85 agents affiliated with the firm.
79% people prefer life insurance products: Survey Friday, January 2, 2009 @ 9:19PMUncertainty in the stock market and sliding fixed deposit rates have made life insurance the most preferred tax-saving instrument for the salaried class, a study said.
Insurance firms lose bid to defer net worth hike Friday, January 2, 2009 @ 8:52PMThe Finance Department has turned down the request of insurance providers for more time to comply with the minimum capitalization and net worth requirements.
Portable EKG device program expands in East Bay Friday, January 2, 2009 @ 8:47PMContra Costa paramedics now have the same capability as their Alameda counterparts -- and more hospitals are assisting them.
U.S. Insurance Industry Friday, January 2, 2009 @ 11:44AM Ongoing turmoil in the financial markets has resulted in a highly challenging environment for the U.S. insurance industry, a trend that is expected to continue in 2009.
Spring families help "Cure Kids Cancer" Radiothon Friday, January 2, 2009 @ 11:37AMMembers and their families from Foresters, a member-based life insurance organization, put their teddy bear building skills to work at a Build-A-Bear Workshop at the Houston Galleria on Dec. 16. After the event the bears were taken to the Texas Children’s Hospital for the fifth annual “Cure Kids Cancer” Radiothon held on Dec. 19 – 20.
OHIP delays robbed cancer victim of chance to live Friday, January 2, 2009 @ 2:11AMLeukemia patient who fought Ontario government to get funding for stem-cell transplant in the U.S. won her case - but died before she was able to get treatment
2008: The stories that defined the year Friday, January 2, 2009 @ 2:11AMOh, 2008, it’s with mixed feelings that we bid you adieu. We’re both sad and glad to see you go. This past year brought big stories, from the Olympics to a brushfire war in Georgia, through the economy to terror attacks in India; everything seemed to be in play.
Nassau Bay project moving right along Thursday, January 1, 2009 @ 2:55PMDriving by on NASA Parkway, things seem to be at a standstill on the 31-acre tract that will become Nassau Bay Town Square.
Gulf Coast residents cope with triple the stress this holiday season Thursday, January 1, 2009 @ 2:52PMTherapists at the Carole & Ronald Krist Samaritan Center are working a record number of hours this year to help clients deal with the psychological effects of Hurricane Ike, plus the bad economic climate.
To Squint or to See the Light Thursday, January 1, 2009 @ 2:50PMWith new treatments, baby boomers pay the price to shed the glasses.
LIC goes whole hog to sell new policy Sunday, December 28, 2008 @ 10:27AMThe Life Insurance Corporation of India (LIC), the country’s largest insurer, is pulling out all stops to mop up Rs 25,000 crore through Jeevan Aastha, a single-premium product which offers at least 9 per cent guaranteed returns, in an attempt to reverse the trend of falling sales.
The economy, leadership changes and crime were among the area’s top stories of 2008 Sunday, December 28, 2008 @ 10:02AM The economic downturn, a historic election, prominent deaths and a repeat state championship were some of the stories that had people talking during 2008 in Lenawee County.
36,000 rural youth in MP get job offers on World Bank initiative Saturday, December 27, 2008 @ 12:48PMCorporate houses have taken an alternative route to meet the labour (primarily the non-skilled category) shortage in Madhya Pradesh.
Oklahoma Democrats complain of partisanship Saturday, December 27, 2008 @ 12:46PMOKLAHOMA CITY (AP) — Democrats in the Oklahoma Senate — the chamber’s minority party for the first time in a century of statehood — say the new Republican majority is using partisanship to impose public policy by excluding key Democratic senators from committees they once dominated.
HOME PAGE Saturday, December 27, 2008 @ 12:36PMCome 2009, TV viewing to become costlier Security deposit, rental for set-top boxes lowered in CAS-mandated areas. New Delhi, Dec. 26 The Telecom Regulatory Authority of India (TRAI) has amended the Broadcasting and Cable Tariff Order to allow for inflation-linked adjustments in the ...
Manage Your Refinance Mortgage Loan Sans the Stress Saturday, December 27, 2008 @ 12:18PMThere are a thousand and one reasons for getting a refinance loan. One is to pay off debts or to relocate to a new house in another state. Many acquire a refinance mortgage to pay for their child’s college education.
First mayor and town council took office in 2008 Saturday, December 27, 2008 @ 12:14PM 2008 started with the inauguration of Braintree’s first mayor and town council and ended with the mayor telling the council that department heads have been instructed to plan for possible budget cuts of five to seven percent because of an anticipated loss of state aid.
A child’s special Christmas wish Saturday, December 27, 2008 @ 12:03PMThere won’t be any presents under the Christmas tree for 9-year-old Keagan Hathorn this year, no stocking stuffed to the brim with little-boy treasures.
Nod for Star Union Dai-Ichi Life Insurance Friday, December 26, 2008 @ 6:43PMInsurance Regulatory and Development Authority (Irda) has registered Star Union Dai-Ichi Life Insurance Company — promoted by Bank of India, Union Bank of India and Dai-ichi Mutual Life Insurance of Japan.
Pension reforms off the blocks, proposals called for six funds Friday, December 26, 2008 @ 6:41PMThe pension regulator today set the stage for opening the business for non-government employees from April by seeking proposals for setting up six pension funds.
Friends baffled over Christmas killing Friday, December 26, 2008 @ 6:24PMA Lee County girl woke up Christmas morning to find her father dead on the living room floor. Investigators have the man they believe is responsible behind bars. They say the two men knew each other and were at the same party on Christmas Eve.
Amherst County rates for emergency medical transports rise Friday, December 26, 2008 @ 6:21PMThe rates that Amherst County charges for emergency medical transports have increased for the first time in nearly six years.
Calif. teen’s family sues Cigna over transplant Friday, December 26, 2008 @ 6:05PM(AP) LOS ANGELES - The family of a 17-year-old leukemia patient has sued health insurance giant Cigna Corp. for her death in 2007 after the company initially refused to pay for a liver transplant.
GIC may raise terror cover Thursday, December 25, 2008 @ 6:28PMMove to provide insurance up to Rs 1,000 cr from Rs 750 cr now. General Insurance Corporation (GIC) is planning to raise the scope of the terrorism insurance cover, for a single incident at one location, to Rs 1,000 crore from Rs 750 crore currently.
Will my job be safe? Thursday, December 25, 2008 @ 6:26PMInsurance, telecom, infrastructure, FMCG and energy are unlikely to downsize; Elsewhere, only top performers are safe. The latter half of 2008 was a great equaliser when it came to employee insecurity.
Letters: The Secret nuclear sell off Thursday, December 25, 2008 @ 6:10PM Your report "Secret nuclear sell-off storm" (20 December) indicates a watershed has been passed in the final sale of part of the UK military nuclear infrastructure to the United States.
Family hoping for some holiday cheer for son with diabetes Wednesday, December 24, 2008 @ 5:09AMWhen Leah discovered last year that her son, then 8, had juvenile diabetes, she was devastated.
Making life merrier â€- and safer â€- and filling needs in rough times Wednesday, December 24, 2008 @ 5:02AMIndependent Insurance Agents of Northwest Wisconsin have presented a $3,500 grant check to the Spooner Fire District for the purchase of a thermal imaging camera. The Independent Insurance Agents help supply fire and safety equipment to non-profit organizations through a matching-funds project.
Restaurants, child care, shops come back Wednesday, December 24, 2008 @ 5:00AMCheck out which restaurants, child care providers and shops are coming back since Hurricane Ike.
FTSE down 0.8 percent Wednesday, December 24, 2008 @ 4:59AMLONDON (Reuters) - The top share index shed 0.8 percent early on Wednesday, with falls exacerbated by thin volumes and markets only open for a half-day session, closing at 12:30 p.m. ahead of the Christmas public holiday.
BEA China commences new Hefei branch Wednesday, December 24, 2008 @ 4:57AMThe Bank of East Asia China, a wholly owned subsidiary of The Bank of East Asia, has opened its new branch in Hefei, the capital of Anhui Province, China.
It Was A Very Good Year Wednesday, December 24, 2008 @ 4:34AMDecember 24, 2008: U.S. forces currently hold 15,800 Iraqis under arrest. In the next year, all of these will be turned over to the Iraqi government. Most of these prisoners are suspected terrorists.
SEPTEMBER 2008 REVIEW Wednesday, December 24, 2008 @ 4:08AM1st On a remarkable final day of the transfer window, Manchester City were taken over by Abu Dhabi United Group for Development and Investment and promptly signed Robinho from Real Madrid for a British record £32million fee...Manchester United completed their £30.75million signing of Dimitar Berbatov from Tottenham, who replaced him with Roman Pavlyuchenko from Spartak Moscow.
Man Shot Standing in Front of Store Saturday, December 20, 2008 @ 8:50AMRochester police say someone fired a gun several times at a man on Clinton Avenue overnight. He was hit by two rounds. Officers were called to 886 North Clinton Avenue near Clifford, around 12:30 a.m. Saturday for the report of a man shot.