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

3 hrs ago | Delaware Online

Midday business news briefing

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

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Related Topix: United Kingdom, Credit Suisse Group, Agriculture, Science, Marketing, US News, United States Department of Agriculture

7 hrs ago | Business Journal

Cincinnati Financial's 4Q beat estimates, soar 23%

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

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Related Topix: Cincinnati Financial

11 hrs ago | Prince George Citizen

ING Groep says profit higher in fourth quarter due to asset sales; Greek bonds impaired again

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.

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Related Topix: ING Group

15 hrs ago | Canadian Business Magazine

Switzerland's second-biggest bank Credit Suisse reports nearly $700 million 4Q net loss

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

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Related Topix: Credit Suisse Group

Wed Feb 08, 2012

The Herald-News

Caterpillar: Illinois won't get factory

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.

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Related Topix: Manufacturing, Construction, Caterpillar, Illinois, Peoria County, IL, Pat Quinn, US Governors

The Billings Outpost

Rehberg charges into fight over Jesus statue

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.

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Related Topix: Columbus, MT, Knights of Columbus, Whitefish, MT

WLS-AM Chicago

Caterpillar rules Illinois out of plant plans

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

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Related Topix: Manufacturing, Construction, Caterpillar, Peoria County, IL

AmericanBankingNews.com

Lincoln National

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

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Related Topix: Financial Services, Lincoln National, Personal Finance, Retirement

Reuters

Goldman Sachs to buy Dwight asset management

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.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Old Mutual, Personal Finance, Retirement

Tue Feb 07, 2012

The Washington Post

Goldman's Hawker Names - Turnaround Kid' Steve Miller as CEO

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.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, American International Group, Flying, Life, Hobbies, Financial Markets, New York, Business News

Insurance Journal West

AIG Reviewing Succession as Chairman Takes New Job

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.

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Related Topix: American International Group, Medicine, Cancer, Health

Cw56.com

Ohio exec. bankrolling Mass. marijuana question

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.

1 comment

Related Topix: Marijuana, Medication, Massachusetts, Massachusetts Government, Progressive Corporation

Daily Record

Extra trains, buses and ferries will take Giants fans to NYC parade

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.

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Related Topix: Associated Press, MetLife

Insurance Journal West

New York Fed Taps 5 Banks to Bid for AIG Bonds: WSJ

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.

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Related Topix: Financial Markets, Banking, Financial Services, Federal Reserve Bank of New York, Bank of New York, Home, Mortgage, Personal Finance, American International Group

Lifestyles

McGuinty says Ottawa partly to blame for Electro-Motive closing in London, Ont.

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.

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Related Topix: Canada, Manufacturing, Construction, Caterpillar

Mon Feb 06, 2012

International Business Times

Skepticism Grows on Medco/Express Scripts Deal

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.

Comment?

Related Topix: Medco Health Solution, Medco Health Solutions, AT&T

Calgary Herald

Coyne: Caterpillar commentary runs off the rails of logic

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

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Related Topix: Manufacturing, Construction, Caterpillar, Canada, North America, World News, La Grange, IL

Charleston Daily Mail

Alpha laying off 152 at W.Va. mines, 168 in Ky.

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.

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Related Topix: Charleston, WV, Annuity and Life Re Holdings, West Virginia, Kanawha County, WV, Boone County, WV

Marin Independent Journal

Fidelity Nat'l to buy O'Charley's restaurant chain

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.

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Related Topix: OCharleys, Restaurant Management, Mortgage, Personal Finance, Fidelity National Financial

Daily Journal

Health insurer Humana posts 4th-qtr profit gain

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.

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Related Topix: Humana, Medicare, Health

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