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Daily NewsFlash : January 19, 2010


Daily NewsFlash Wizard
1/19/2010

Continued AIG Scrutiny Provokes Backlash of Fed Reserve by Lawmakers

Continuing congressional scrutiny of the American International Group Inc. (AIG) saga is provoking further backlash against the Federal Reserve as lawmakers ponder diluting the Fed's oversight of ...

AIG Tries to Defuse Bonus Pay Showdown

American International Group Inc. (AIG) is seeking to reduce and pay out early a batch of retention payments to employees at its financial products division, as the insurer tries to defuse a ...

Hanover Insurance to Buy Campania Group

Hanover Insurance Group Inc. (THG) has agreed to buy Vienna, Virginia-based Campania Group, which specializes in insurance solutions for the healthcare industry. Terms weren't ...

Carriers to Benefit from Aon's Inpoint's Acquisition of Futurity Group

Inpoint, the recently launched Aon company formed to help insurance carriers improve their performance, today announced the acquisition of claims industry leader Futurity Group. Financial terms were ...

Senator Wants Explanation on AIG Severance Deal

Sen. Charles Grassley (R., Iowa) has asked the U.S. pay czar to explain why the recently departed general counsel of American International Group Inc. (AIG) will receive several million dollars in ...

Private Equity Attacks Insurance Regulation in Europe

The private equity industry has voiced fears that planned European reforms will drive insurers away from investing in the sector, despite receiving a boost last week when German insurer Allianz SE ...

CA Governor Says Property Insurance Surcharge a Fee, Not a Tax

California Gov. Arnold Schwarzenegger is insisting that a new surcharge on all residential and commercial property insurance is a fee -- not a tax.

The "Sacramento Bee" reports that ...

Northwestern Mutual Launches Recruitment-Related Facebook App

Among the strategies Northwestern Mutual is adopting to address its hiring appetite is the launch of "Dress to Impress" Facebook application designed to reach young professionals and college ...





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