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Insurance News

Insurance news continually updated from thousands of sources around the net.

3 hrs ago | The Motley Fool

Here's Why Warren Buffett Is Investing $3 Billion in the Burger King-Tim Hortons Deal

Behind the deal is Burger King's majority investor, Brazilian investment group 3G Capital, which will own approximately 51% of the combined company.

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Related Topix: Warren Buffett, Life, Food, Fast Food, Business Wire, Construction, Berkshire Hathaway , Startups, Berkshire Hathaway, Empire Group, Investment Services

6 hrs ago | Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Neebo, Inc. is a holding company an... )--Smiths Medical, a leading global medical device manufacturer, announced today that it is initiating a nationwide recall of certain lots of Portex Endotracheal Tub... The Securities Arbitration Law Firm of Klayman & Toskes Files $350,000 Claim Against Morgan Stanley on Behalf of UPS Employee As It Continues ... (more)

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Related Topix: Startups, Plantronics, StanCorp Financial Group, Ocean City, NJ, Retail, Wal Mart Stores

10 hrs ago | Times of Oman

Unaware of any - significant' cyber attack, says US banking group

A sign outside the headquarters of JP Morgan Chase in New York, in this September 2013 file photo.

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Related Topix: Computer Security, Science / Technology, Banking, JP Morgan Chase , Reuters, Jefferson Pilot Corporation, Financial Services

14 hrs ago | Detroit Free Press

Michigan State graduate teaching assistants protest health care hikes

Dozens of Michigan State University graduate teaching assistants and their supporters staged a demonstration this morning to protest changes to the health insurance plan offered to graduate employees.

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Related Topix: Michigan State University, Health Insurance, Health, Aetna

Fri Aug 29, 2014

Brandon Sun

Fairfax shelling out $100M to buy dog and cat medical health insurer Pethealth

Fairfax Financial Holdings Ltd. plans to pay about $100 million to acquire Pethealth Inc. , an Oakville, Ont.,-based company that provides medical insurance for dogs and cats to pet owners.

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Related Topix: Publishing, Media, Pulitzer, Fairfax Financial Holdings, Canada,

Brandon Sun

Most actively traded companies on the TSX

Bombardier Inc. . Aerospace. Down 12 cents, or 3.17 per cent, to $3.66 on 9.6 million shares.

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Related Topix: Bombardier, Aerospace-Defense, Manulife Financial

AmericanBankingNews.com

Nomura Raises RSA Insurance Group plc Price Target to GBX 492

The firm currently has a "neutral" rating on the stock. Nomura's price target would suggest a potential upside of 9.43% from the company's current price.

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Related Topix: Royal and Sun Alliance Insurance Group

Western Telegraph

Bonuses increase to over 40bn

Total bonuses rose to A 40.5 billion, including A 14.4 billion paid in the finance and insurance industry, the Office for National Statistics said Total bonuses rose to A 40.5 billion, including A 14.4 billion paid in the finance and insurance industry, the Office for National Statistics said Annual bonuses have risen to more than A 40 billion with ... (more)

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Business Journal

Snapshot: FBI probes hacking at 5 U.S. banks + 300K could lose insurance + Hello Kitty is not a cat

Click here to read the report. *More than 300,000 people risk losing their new health insurance policies if they don't resubmit citizenship or immigration information to the government by the end of next week - but the federal Healthcare.gov site remains so glitchy that they are having a tough time complying, reports USA Today.

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Related Topix: Life, Hello Kitty, Hobbies, Banking, JP Morgan Chase , Jefferson Pilot Corporation

Thu Aug 28, 2014

Resource Investing News

Crocodile Gold Ends Month with Agreement to Sell Non-core Assets

Canada's Crocodile Gold is capping off the month of August with a plan to sell two of its non-core assets in Australia's Northern Territory.

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Related Topix: Financial Services, Phoenix Companies

SiliconValley.com

Five U.S. banks lose customer data to Russian hackers, sources say

Russian hackers attacked JPMorgan Chase and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes of customer data, according to two people familiar with the investigation.

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Related Topix: Computer Security, Science / Technology, Banking, JP Morgan Chase , Jefferson Pilot Corporation, US News, US Federal Bureau of Investigation

Business Journal

Blue Cross is opening a retail store in Edina

Blue Cross and Blue Shield of Minnesota is planning a store in Edina where customers and prospective customers can get help with their health plans and buy insurance.

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Related Topix: Edina, MN, Blue Cross and Blue Shield of Minnesota, Christopher and Banks, Retail, Apparel

BankTech

Russian Hack Attack on Banks: Is This the Big One?

JPMorgan Chase and at least four other US banks have been hit by a series of coordinated attacks on account information.

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Related Topix: Banking, JP Morgan Chase , Jefferson Pilot Corporation

Insurance Journal West

After 'Terrible' Cancer Diagnosis, Benmosche Accelerated Exit from AIG

Robert Benmosche, who is stepping down this weekend after five years as American International Group Inc.'s chief executive officer, said he learned in May that he had nine months to a year to live.

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Related Topix: American International Group

The Northern Echo

Giles Insurance Brokers announces major rebrand following aquisition by Arthur J. Gallagher

BASED Giles Insurance Brokers has announced a major rebrand following its recent acquisition by leading insurance broker Arthur J. Gallagher.

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Related Topix: Financial Services, Arthur JGallagher , Isle of Man, Europe, World News

Business News

Global insurance industry covers $21bn losses from natural disasters this year

The global insurance industry covered $21bn of losses from disasters in the first half of 2014 as fewer natural catastrophes kept claims below their long-term average.

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Wed Aug 27, 2014

West Australian

Russian hackers attacked JPMorgan: reports

Hackers believed to be from Russia broke into the computer systems of JPMorgan Chase and a second US bank earlier this month, sparking a federal investigation, US media reported Wednesday.

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Related Topix: Prison, Banking, JP Morgan Chase , Jefferson Pilot Corporation

Proctor Journal

Shopping for a new vehicle? 5 questions to ask yourself before signing on the dotted line

It's that time again - time to buy a new car. Maybe you're excited because you've been dreaming of getting new wheels for a long time now.

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Related Topix: USAA

Cybercast News Service

Reports: FBI probes JPMorgan hack

The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter.

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Related Topix: Banking, JP Morgan Chase , Jefferson Pilot Corporation

KRON 4

Hackers Attack JP Morgan Chase and One Other Bank

The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter.

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Related Topix: Banking, JP Morgan Chase , Jefferson Pilot Corporation

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