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

3 hrs ago | Reuters

UPDATE 1-Metlife could be labelled systemically important - Bloomberg

U.S. regulators are set to label Metlife Inc systemically important, subjecting it to stricter oversight by the U.S. Federal Reserve, Bloomberg reported, citing two people familiar with the matter.

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Related Topix: MetLife

7 hrs ago | Forbes.com

Tuesday's ETF with Unusual Volume: BSCF

The Guggenheim BulletShares 2015 Corporate Bond ETF is seeing unusually high volume in afternoon trading Tuesday, with over 2.9 million shares traded versus three month average volume of about 100,000.

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Related Topix: Banking, Bank of America, Financial Services, Marsh and Mclennan Companies, Financial Markets

11 hrs ago | Business Journal

Delphi retirees see win in fight for pensions

A new court ruling is making Delphi retirees hopeful they will see their pensions restored after years of fighting.

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Related Topix: Pension Benefit Guaranty

14 hrs ago | Business Journal

Exclusive: CBIZ, MHM pick Plaza Steppes for new HQ

The 450 employees for CBIZ Inc. and Mayer Hoffman McCann PC offices in Leawood will move to the 13-story Plaza Steppes Building near the Country Club Plaza.

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Related Topix: CBIZ, Consulting, Cobalt, Leawood, KS

15 hrs ago | Customer Interaction Solutions

Tough Mudder Selects SIG for Insurance, Loss Control & Safety Program

Specialty Insurance Group has been selected by Tough Mudder, through its strategic broker partner Scottish American Risk Services, LLC, to provide a custom risk and specialty insurance program for Tough Mudder events throughout the United States and Canada.

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Related Topix: Everest Re Group, Indianapolis, IN

17 hrs ago | The Washington Post

Trading Dip Fuels Speculation Barclays May Shutter Dark Pool

A drop in trading at the Barclays Plc dark pool being probed by U.S. prosecutors is fueling speculation Chief Executive Officer Antony Jenkins will shut it.

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Related Topix: Credit Suisse Group, Business News

21 hrs ago | Seeking Alpha

Earnings Preview: Caterpillar Q2 2014

Revenues: Analysts expect a decline of 1.2% y/y to $14.45 bln . Caterpillar Company is slated to report 2Q 2014 earnings before the opening bell on Thursday, July 24th.

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Related Topix: Manufacturing, Construction, Caterpillar

Mon Jul 21, 2014

West Australian

Credit Suisse says swings to second-quarter net loss on U.S. tax settlement

Credit Suisse Group AG reported its biggest quarterly loss since the collapse of Lehman Brothers in 2008, due to a 1.6 billion Swiss franc charge taken following a May settlement with U.S. authorities over tax evasion charges.

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Related Topix: Credit Suisse Group

Wall Street Journal

Credit Suisse Posts Loss After U.S. Settlement

Credit Suisse Group AG on Tuesday reported a sizable loss for the second quarter, as the Swiss bank continues to absorb the impact of a U.S. legal settlement reached two months ago Zurich-based Credit Suisse reported a net loss of 700 million Swiss francs for the period compared with a year-earlier net profit of 1.05 billion francs.

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Related Topix: Credit Suisse Group

GhanaWeb

Hard work, commitment keys to National Health Insurance

Mr Francis Oti Frempong, Central Regional Director of the National Health Insurance Authority , has embarked on a special familiarization tour of the 13 municipal and district health insurance schemes in the region.

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Related Topix: National Health Insurance

WDJT

Jobs Fair To Showcase Opportunities Available For Northwestern Mutual Life HQ Project

Residents interested in finding out about possible job opportunities should plan on attending a special resource fair that's geared towards the $450 million Northwestern Mutual Life headquarters building project.

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Related Topix: Northwestern Mutual, Milwaukee, WI

Brandon Sun

Most actively traded companies on the TSX, TSX Venture Exchange

RB Energy Inc. . Miner. Down 14.5 cents, or 28.43 per cent, to 36.5 cents on 9.7 million shares.

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Related Topix: Penn Treat American Corporation

Proctor Journal

Seniors willing to discuss driving abilities, yet conversations rarely happen

There are currently more than 23 million licensed drivers aged 70 and older, and with baby boomers beginning to reach 70 years of age, the number of seniors on the road will rise steadily over the next two decades.

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Related Topix: Liberty Mutual Insurance

Business Insurance

Aspen keeps pressure on shareholders to reject Endurance takeover bid

Aspen Insurance Holdings Ltd. Monday sent a letter to shareholders again urging them to reject the unsolicited $3.2 billion offer made for the company by Pembroke, Bermuda-based Endurance Specialty Holdings Ltd. Hamilton, Bermuda-based Aspen's letter is the latest salvo in a war of words which has percolated since mid-April when Endurance first ... (more)

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Related Topix: Endurance Specialty Holdings

InvestmentNews

Securities America buying insurance-based B-D

Securities America Inc. said Monday it had reached an agreement to acquire certain assets of Sunset Financial Services Inc., a broker-dealer owned by Kansas City Life Insurance Co.

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Related Topix: Financial Services, Kansas City Life Insurance, Securities and Exchange Commission, Corporate / Securities Law, Law, Sales

Business Journal

New Harleysville Insurance leader departs for law firm

Kevin Toth , who less than three months ago succeeded Michael Browne as the senior executive at Harleysville Insurance, has left the company to become executive vice president and chief operations and strategic officer at Blue Bell, Pa.-based Nelson Levine de Luca & Hamilton , a law firm that focuses on representing the insurance industry.

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Related Topix: Harleysville Group, Blue Bell, PA

Brandon Sun

International Viewpoint -- Chinese financial crash would dwarf 2008 collapse

Few moments in modern financial history were scarier than the week of Sept. 15, 2008, when first Lehman Brothers and then American International Group collapsed.

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Related Topix: Investment Banking, Lehman Brothers, Financial Services, American International Group, Foreclosures, Opinion

Business Insurance

Saudi Arabia: Low penetration rates pose problems in crowded insurance sector

Smaller players in the crowded Saudi Arabian insurance industry are finding it difficult to maintain or boost their business, with rising costs being one of the main factors, reports SpyGhana.com.

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Related Topix: Middle East, Saudi Arabia, World News

Reuters

Fitch: Regulatory Changes to Shape Indonesian Insurance Industry

Link to Fitch Ratings' Report: Indonesia Insurance Market Dashboard 1H14 here BANGKOK/HONG KONG/SINGAPORE, July 20 Fitch Ratings says in a new report that Indonesia's life and non-life insurance sectors will be shaped by changing regulations that are aimed at greater transparency and stability for the industry.

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Related Topix: Indonesia, World News,

Sun Jul 20, 2014

Mid-Day Mumbai

A hard-hitting film on sex slavery

Sold, a feature film on sex slavery will premiere at the 37th Asian American International Film Festival in New York on July 24. With a 13-year-old Indian girl as the lead, the guide speaks to Mumbai-based casting director Tess Joseph to understand how the young acting talent was discovered Child trafficking drama, Sold, is Academy-Award winning ... (more)

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Related Topix: American International Group

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