Insurance News

Global gambling revenue climbed to a record $419 billion last year, led by growth in Asia, according to Global Betting & Gaming Consultants.

Cincinnati Financial posted operating earnings per share of 86 cents, up 23 percent from a year ago, the company said Wednesday.

One-off gains from the sale of businesses helped Dutch bank and insurance group ING Groep NV post a significant profit advance in the fourth quarter of last year even though Europe's debt crisis increasingly weighed on business.

Credit Suisse Group has reported a fourth-quarter net loss of 637 million Swiss francs , far below what analysts expected.

Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan, citing both logistical problems with building the plant in its home state and ongoing concerns about the business climate.

A half century ago U.S. Forest Service officials now forgotten gave local Knights of Columbus permission to mount a ceramic Jesus statue on a 25-by-25-foot tract of national forest land on the edge of the Big Mountain ski run.

Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan.

FBR Capital boosted their price target on shares of Lincoln National from $27.00 to $31.00 in a research note issued on Wednesday.

People exit the Goldman Sachs Group Inc. global headquarters, also known by its address 200 West Street, in New York's lower Manhattan July 15, 2010.

Hawker Beechcraft Inc., the jet maker partly owned by Goldman Sachs Group Inc., named turnaround specialist Steve Miller as chief executive officer as the company works to avoid breaching debt covenants.

Bailed-out insurer American International Group will review its succession plans after its chairman accepted a job as the chief executive of an airplane maker, the company said on Tuesday.

A ballot question supporting the medicinal use of marijuana in Massachusetts is being bankrolled almost entirely by an Ohio billionaire who has backed similar efforts in other states.

Workers construct a stage on the steps of New York's City Hall on Monday. The city will host a ticker-tape parade and City Hall ceremony today for the Super Bowl champion Giants.

The Federal Reserve Bank of New York has invited five banks to bid for mortgage bonds of insurer American International Group, the Wall Street Journal reported.

Ottawa could have prevented the loss of hundreds of jobs at an Ontario locomotive plant if it had acted to modernize Canada's "outdated" foreign investment laws, Premier Dalton McGuinty said Monday.

Objections to Express Scripts' $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger.

The Electro-Motive shutdown is being presented in some quarters are the action of cross-border corporate pirates., It isn't, says Andrew Coyne.

CHARLESTON, W.Va. -- Alpha Natural Resources says its decision to scale back production and idle some coal mines will cost 152 West Virginians and 168 Kentuckians their jobs in the coming weeks.

A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.

LOUISVILLE , Ky. - Humana Inc. said Monday its fourth-quarter profit surged 86 percent on the strength of higher-than-expected Medicare Advantage enrollment and continued low use of its health care services.