Insurance News

Hershey Co. may make a US$17-billion bid for UK candy company Cadbury PLC, topping the recent $16.5-billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.

Federal Reserve Chairman Ben Bernanke's nomination to a second term will be the subject of a Senate Banking Committee hearing next month, the panel's chairman said Friday.

Connecticut Labor Department says the state's unemployment rate increased slightly to 8.8 percent, even though employers added 1,000 jobs in October.

The Toronto stock market finished lower Thursday on worries about the pace of an economic rebound, downgrades in the tech sector and concerns about financial stocks after two major institutions announced moves to raise more capital.

Willis Group Holdings Ltd. and the original family shareholders of Gras Savoye & Cie signed a definitive agreement with Astorg Partners to reorganize the capital of Gras Savoye in a leveraged transaction.

The consortium led by China Strategic Holdings Ltd. shouldn't have agreed to sell a stake in Nan Shan Life Insurance Co.

Warren Buffett's company has lined up an $8 billion loan to help pay for its $26.3 billion acquisition of Burlington Northern Santa Fe Corp.

No 19 - U.S. Treasury Secretary Timothy Geithner defended the costly bailout of AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.

A hard drive with seven years' worth of personal financial and medical information on about 1.5 million customers of Health Net of the Northeast Inc.

A MetLife Inc. subsidiary and three other affiliates have been fined a total $1.2 million for alleged failures to ensure supervisors could review brokers' e-mails with the public.

Nov. 18 -- Robert Rosenkranz, chief executive officer at Delphi Financial Group Inc., a workers-compensation and group-life insurer, talks with Bloomberg's Pimm Fox about the health-care overhaul debate.

Close You asked. We're building it. Wary Manulife back for billions Manulife CEO Donald Guloien MIKE CASSESE/REUTERS For the second time in less than a year, insurer taps market; raises $2.5-billion in bid to bolster capital to 'fortress levels' Tara Perkins and Andrew Willis M anulife Financial Corp.

In this July 31, 2008 file photo, a woman strides past the Hartford, Conn., headquarters of Aetna, Inc.

STAMFORD, Conn._A Connecticut jury has awarded $15 million to automobile repair shop owners in their lawsuit accusing an affiliate of The Hartford Financial Services Group of unfair trade practices.

Goldman Sachs said late Tuesday that it would provide $500 million to support small businesses, hours after its CEO Lloyd Blankfein apologized for the group's role in the global financial crisis.

Chicago's unsuccessful bid for the 2016 Olympics was powered, in part, by volunteers, the most visible being Aon Corp.

Shares of China Strategic Holdings soared Wednesday after it announced plans to trade a part of its newly acquired stake in American International Group Inc.'s Taiwan unit for a wider presence in the Taiwanese financial-services sector.

Ford, Subaru and Volkswagen sit atop the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms.

The Principal Financial Group Inc. said Tuesday its president of insurance and financial services will retire at the end of this year.

Nov. 17 -- Robert Froehlich, senior managing director at Hartford Financial Services, talks with Bloomberg's Jon Erlichman about the outlook for China's currency policy.