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Business Insurance Information
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Thursday, October 23, 2008
This is Money, UK -
The principle is to stack 'em high and sell 'em cheap, an unusual approach for an angel investment network. Typically an angel group will organise an upmarket reception with up to eight carefully groomed entrepreneurs who present on stage for 10 minutes to a room ... -
Oct 11, 2008
Business Insurance, IL -
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Thursday, October 16, 2008
Business Insurance, IL -
NEW YORK—American International Group Inc. has replaced its chief financial officer and reached an agreement with New York Attorney General Andrew Cuomo to recover "improper" bonuses and other payments to former executives. AIG has named David L. Herzog as executive vp ... -
Thursday, October 16, 2008
Business Insurance, IL -
NEW YORK—American International Group Inc. has replaced its chief financial officer and reached an agreement with New York Attorney General Andrew Cuomo to recover "improper" bonuses and other payments to former executives. AIG has named David L. Herzog as executive vp ... -
Wednesday, October 15, 2008
Business Insurance, IL -
CHICAGO—Aon Corp. has agreed to sell its AIS Management Group underwriting unit to auto insurer Mercury Insurance Group, Aon said Wednesday. Advertisement ...
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Tuesday, October 14, 2008
Business Insurance, IL -
HAMILTON, Bermuda—XL Capital Ltd. announced an estimated third-quarter net loss to ordinary shareholders of between $1.65 billion and $1.67 billion, and said that the company?s chairman had involuntarily sold about 80% of his XL common shares to meet a ... -
Oct 13, 2008
This is Money, UK -
An alternative is factoring, when a bank pays up to 90% of an unpaid invoice and then takes on the job of clawing back the money. The main benefit is that cashflow remains constant and it relieves bosses of the pressures of chasing ... -
Monday, September 29, 2008
Business Insurance, IL -
NEW YORK—Transatlantic Holdings Inc. has formed a committee of independent directors to review a possible sale of Transatlantic stock by majority shareholder American International Group Inc. The New York-based reinsurer said Monday it is evaluating proposals received from AIG ... -
Monday, September 29, 2008
Business Insurance, IL -
CHARLOTTE, NC—Wachovia Insurance Services Inc. will not become part of Citigroup in the New York-based banking giant's $2.2 billion buyout of Wachovia Corp. 's banking operations, a spokesman for the insurance brokerage confirmed. Wachovia on Monday announced plans to sell its retail ... -
Sep 24, 2008
Business Insurance, IL -
WASHINGTON—The Senate and House Tuesday passed measures mandating parity for mental health care benefits, moving the legislation one step closer to final passage. The Senate included parity provisions as part of a broader energy and tax extender bill, while ...
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