September 28, 2007

UPDATE 2-US SEC settles muni case with AIG SunAmerica, CDR

Reuters - AIG’s unit, formerly the Anchor National Life Insurance Company, served as the credit enhancement provider on these Florida deals, while CDR had various roles. The proceeds of the deals were to be used to originate loans and under tax regulations Read more

Permalink • Print • Comment

September 25, 2007

Guardian Expands Universal Life Insurance Portfolio

Forbes - NEW YORK, Sept. 25 /PRNewswire/ — The Guardian Life Insurance Company of America (Guardian) today announced the latest enhancements to its universal life insurance lineup. The Universal Life (UL) Gold Series was developed at a time when UL continues Read more

Permalink • Print • Comment

September 22, 2007

Berkeley rent board member jailed in Ed Jew-like residency case

San Francisco Gate - District Attorney Tom Orloff said Kavanagh had been arrested on suspicion of five felony counts - three of voter fraud, one perjury charge and one grand theft count for accepting a monthly stipend and health insurance benefits while serving on the Read more

Permalink • Print • Comment

September 20, 2007

Consultant: Insurance Should Be Cheaper

Houston Chronicle - TALLAHASSEE, Fla. — Property insurance rates have not dropped as much as expected under a new law partly because some companies have increased profit rates, a state consultant told Gov. Charlie Crist and the Florida Cabinet on Wednesday. Bob Hunter Read more

Permalink • Print • Comment

September 17, 2007

Ed Jew’s defense admits facts look bad, but trial may key on intent

San Francisco Gate - District Attorney Kamala Harris’ office has built its case against Jew based on neighbor accounts, utility bills and insurance and loan applications that prosecutors say prove Jew actually lived on Roosevelt Avenue in Burlingame with his wife and Read more

Permalink • Print • Comment

September 14, 2007

Santander Global Banking and Markets tgts 20 pct CAGR revenue 2006

Forbes - In a separate presentation, Santander’s insurance division said it is also targeting 20 pct CAGR revenue between 2007-2009. Meanwhile, the asset management unit expects more than 10 pct annual growth in revenues between 2007-2009, while pretax profits Read more

Permalink • Print • Comment

September 12, 2007

For Songaila, Pride Before Preseason

Washington Post - At the Wizards’ request, Lithuania took out an insurance policy for him; France did the same for Boris Diaw of the Phoenix Suns , as did Spain for Jorge Garbajosa of the Toronto Raptors . Wizards President Ernie Grunfeld said he is not concerned about Read more