Once the dust settles and the victims have been accounted for, Moore, Okla., will begin the gargantuan task of rebuilding itself. It's a task that will take billions of dollars in federal and state aid, insurance claims and charitable donations, the CSM reports.» Read More
Michael Klibaner, Regional Director, Head of Research, Greater China at Jones Lang LaSalle says transaction volumes in China's property market peaked in March and will therefore slow in Q2.
WASHINGTON, April 12- Japan has agreed to a "robust package of actions and agreements" to address U.S. concerns over access to its auto and insurance markets as part of a deal paving the way for Tokyo to join the U.S.-led Trans-Pacific Partnership talks, Acting U.S.
Auto insurance rates vary according to how many drivers are on the road, how safe they are, even who decides lawsuits.
Du Jinsong, Head of Asia Property Research at Credit Suisse says expect more measures to tame China's home prices but wonders whether they will actually be effective.
*4th- qtr loss/share $1.91 vs loss/share $0.67 year earlier. Feb 28- Mortgage insurer MGIC Investment Corp reported a sharp deterioration in its ability to pay claims in the fourth quarter and posted its tenth straight quarterly loss as it continues to lose money on loans insured during the housing boom.
*4th- qtr loss/share $1.91 vs loss/share $0.67 year earlier. Feb 28- Mortgage insurer MGIC Investment Corp reported a sharp deterioration in its capital position in the fourth quarter and posted its tenth straight quarterly loss as it continues to lose money on loans insured during the housing boom.
Feb 28- Mortgage insurer MGIC Investment Corp said it was considering reinsuring some of its businesses and raising capital after it reported a sharp deterioration in its ability to pay claims at the end of the fourth quarter.
*4th quarter loss $4 bln, or $2.68 per share. Feb 21- Insurer American International Group Inc reported fourth-quarter results that beat Wall Street expectations, although Chief Executive Robert Benmosche said some employee bonuses will be smaller this year because the company did not meet all of its performance targets.
*4th quarter loss $4 bln, or $2.68 per share. *Includes $4.4 bln ILFC loss, $1.3 bln in Sandy losses.
LONDON, Feb 20- European shares fell on Wednesday as surprise dividend cuts by RSA and Lufthansa and weak results from the likes of Accor and BHP Billiton weighed on sentiment.
LONDON, Feb 20- European shares dipped on Wednesday, consolidating after a steep rally in the previous session as investors were confronted with news of weak earnings, though some expected further near-term gains.
Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.
For financial advisers, knowing the value and proper care of client's collections has become an essential part of doing, and keeping, business.
*4th- quarter EPS $0.81 vs $1.40 last year. Feb 6- Allstate Corp's quarterly profit fell 45 percent on losses from superstorm Sandy, but the home and auto insurer said it has paid out about 95 percent of Sandy claims and is seeing rate increases across businesses.
*4th- quarter EPS $0.81 vs $1.40 last year. Feb 6- Home and auto insurer Allstate Corp's quarterly profit fell 45 percent, hurt by losses from superstorm Sandy, but the company raised its quarterly dividend and announced a new $1 billion share buyback program.
Travelers has been raising insurance premiums for three years because of severe weather patterns, said Chairman and CEO Jay Fishman told CNBC.
The super storm that ravaged swaths of the northeast in November buffeted Travelers earnings, as the company reported sharply lower fourth quarter earnings.
Jan 16- Genworth Financial Inc on Wednesday said it was reorganizing itself to separate its mortgage insurance business from the rest of the company, reducing the risk of default on its bonds and sending its shares up 9 percent.
Jan 16- Genworth Financial Inc said it would take steps to distance itself from its troubled mortgage insurance business, following investor demands to spin off the unit, sending its shares up 11 percent.
Jan 16- Genworth Financial Inc said it would separate its mortgage insurance business into a new company, as the company looks to insulate itself from its troubled mortgage insurance unit, sending its shares up 4 percent before the bell.