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Tuesday, January 08, 2013

Ten Major Banks Agree to $8.5 Billion Settlement for Foreclosure Abuse

Banks settle foreclosure abuse claimsTen major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.

The ban...

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Outgoing U.S. Representative Biggert: Dodd-Frank Act Shouldn't Apply to Captives

Dodd-Frank reformThe Dodd-Frank financial reform act passed in 2010 was never intended to be applied to the captive insurance industry, wrote former U.S. Rep. Judy Biggert, R-Ill., the outgoing chairman of the House Subcomm...

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Storm Panel Recommends Major Changes in New York

Storm Commission recommends changesA new commission formed by Gov. Andrew M. Cuomo, charged with figuring out how New York should adapt in the long term to cope with worsening storms amid climate change and population...

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AIG Weighs Joining Suit Against U.S. Government Over Bailout Terms

AIGDirectors at American International Group Inc., the recipient of one of the biggest government bailout packages during the financial crisis, are considering whether to join a lawsuit that accuses the U.S. government of too-onerous terms in the 2008-2009 rescue package.


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HIIG Announces Acquisition of Axiom Insurance Managers

Axiom mergers with HIIGHouston International Insurance Group (HIIG) announced today that they have completed their acquisition of Axiom Insurance Managers.

Based in Chicago, Illinois, Axiom is an underwriting manager specializing in th...

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HIIG Reorganizes Domestic Underwriting Operations

HIIGHouston International Insurance Group (HIIG) announced today the reorganization of its domestic underwriting operations which going forward will be re-branded under the symbol HIIG.

The following divisions have been created to better identify our specialty products offered:

* HIIG Construction - Crane & Rig...

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Big I Nebraska Offers Staffing Services from WAHVE


The Independent Insurance Agents of Nebraska (IIAN) announced it is offering its members remote staffing services provided by WAHVE (Work At Home Vintage Employees) on a preferred basis.
WAHVE provides experienced insurance professionals to agencies and other insurance firms on a remote outsourced basis for f...

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