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  • Aug 13- Berkshire Hathaway Inc has hired two senior executives from American International Group Inc's Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the matter.

  • Health insurer Wellpoint changes name to Anthem Tuesday, 12 Aug 2014 | 6:35 PM ET

    WASHINGTON— The nation's second-biggest health insurer, Wellpoint, said Tuesday that it will change its name to Anthem Inc., the brand associated with most of the company's best known health plans. The Indianapolis- based company operates plans in 14 states and primarily does business as Anthem Blue Cross and Anthem Blue Cross and Blue Shield.

  • HONG KONG, Aug 12- Hong Kong's benchmark share index reversed midday losses and finished higher on Tuesday, as strength in two leading technology firms outweighed weakness among financial stocks. The Hang Seng Index closed up 0.2 percent at 24,689.41 points. Ping An Insurance Group Co of China fell 0.8 percent and China Pacific Insurance Group lost 1.2 percent.

  • SAN FRANCISCO, Aug 11- The founders of Collective Health, a Silicon Valley startup, say they can help employers save money by self-insuring rather than paying premiums to a health insurance company. Collective Health has developed software to help companies pay workers' health costs directly.

  • Ohioan charged with embezzling $2.9M from insurer Monday, 11 Aug 2014 | 12:02 PM ET

    CLEVELAND— A former longtime employee of Ohio's biggest health insurance company has been charged in federal court in Cleveland with embezzlement for diverting nearly $3 million in phony payments that he deposited into his own bank account. Joseph Satava, 69, of the Cleveland suburb of Sheffield Lake, was charged Monday.

  • The 5 most expensive states to own a car Monday, 11 Aug 2014 | 11:01 AM ET

    Drivers often hit with bad weather patterns also get hit with some of the worst fees to operate a car, a new report suggests.

  • The 5 cheapest states to own a car Monday, 11 Aug 2014 | 10:01 AM ET
    Ford vehicles are seen on the sales lot at a Ford AutoNation car dealership in North Miami, Florida.

    The average driver pays $2,223 annually to operate a car, according to a Bankrate.com report.

  • JGBs edge slightly lower in subdued trade Sunday, 10 Aug 2014 | 11:15 PM ET

    TOKYO, Aug 11- Japanese government bond prices were slightly lower on Monday, though above session lows in quiet trading. Under its massive quantitative easing program, the BOJ offered to buy 400 billion yen of JGBs in the 5- year to 10- year zone, 200 billion yen of JGBs in the 3- year to 5- year zone, and 300 billion yen of JGBs in the 1- year to 3- year zone.

  • Oracle sues Oregon over health insurance exchange Saturday, 9 Aug 2014 | 6:27 AM ET

    Oracle has sued Oregon over its health insurance exchange, saying officials are using the company's software despite disputed bills.

  • Oracle sues Oregon over health insurance exchange Friday, 8 Aug 2014 | 8:33 PM ET

    SALEM, Ore.— Oracle Corp. has sued the state of Oregon in a fight over the state's health insurance exchange, saying government officials are using the technology company's software despite $23 million in disputed bills. Oracle's breach-of-contract lawsuit against Cover Oregon was filed Friday in federal court in Portland.

  • FRANKFURT, Aug 8- Problems at Allianz's U.S. investment firm Pimco persisted in the second quarter as clients defected and margins slipped, posing a challenge for the chief executive of Europe's biggest insurer who aims to make a record group profit this year.

  • LONDON, Aug 8- The European Union's trio of new financial watchdogs should have more powers over banks, insurers and markets to ensure national regulators apply EU rules, the bloc's executive body said on Friday in a review that may raise hackles in Britain.

  • FRANKFURT, Aug 8- Problems at Allianz's U.S. investment firm Pimco persisted in the second quarter as clients defected and efficiency declined, posing a challenge to Europe's largest insurer evem though it remains on track for a record group profit in 2014..

  • WASHINGTON, Aug 7- Fifth Third Bancorp Inc's mortgage unit will pay $1.52 million to settle U.S. government charges that it discriminated against some loan applicants by demanding letters from doctors to document income from Social Security disability insurance. Attorney Michael Moore in Macon, Georgia, said in a statement.

  • MUNICH, Aug 7- Munich Re, the world's largest reinsurer, reported a 45 percent rise in its second-quarter net profit on Thursday but disappointed investors with a surprise jump in claims and evidence of continued pricing pressures.

  • TORONTO, Aug 7- Manulife Financial Corp said on Thursday its second-quarter profit more than tripled due to a stronger performance by investments and other market-related factors, and Canada's biggest life insurer raised its dividend for the first time since 2009..

  • TORONTO, Aug 7- Manulife Financial Corp said on Thursday its second-quarter profit more than tripled due to a stronger performance by investments and other market-related factors, and Canada's biggest life insurer raised its dividend for the first time since 2009..

  • Aug 6- Prudential Financial Inc, the second-largest U.S. life insurer, reported a better-than-expected quarterly profit, helped by higher asset management fees.

  • Obamacare cuts uninsured fastest in battlegrounds Wednesday, 6 Aug 2014 | 8:51 AM ET

    A new Gallup poll shows that Obamacare is cutting the uninsured rate quickest in states with close Senate races. Fiscal Times reports.

  • David Cole, CFO of Swiss Re, says the company is "on track" to deliver its full year targets.

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