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Daily NewsFlash : November 22, 2011

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Tuesday, November 22, 2011

Government Will Vigorously Defend Lawsuit Contesting AIG Bailout

A senior Treasury Department official Monday called the federal takeover of American International Group Inc. “necessary, legal, and constitutional,” and said the government w... Read More

Penn State Alleged Molestation Case Fuels Reforms

Jerry Sandusky's brief call to a TV sportscaster may have done more to raise concern over child-sex crimes than three decades of church-abuse cases. Sandusky, 67, quickly denied being a pedophile w... Read More

NY Superintendent Lawsky: Deregulation of Insurance Sales to Large, Savvy Businesses Now In Place

Benjamin M. Lawsky, New York Superintendent of Financial Services, on Monday announced that new regulations have been issued to implement a law that deregulates most insurance business with large, ... Read More

Fitch: Weak Nine-Month 2011 GAAP Profits for P/C Insurers

According to a new Fitch Ratings report, underwriting results declined in the first nine months of 2011 relative to the prior year for all but four companies in Fitch's universe of publicly traded ... Read More

Cigna in Deal to Sell Health Insurance in India

Health insurer Cigna will enter the fast-growing Indian market in a joint venture with a consumer goods company best known for its pressure cookers and other appliances, executives said. Read More

Aon: Employees Want Health Plans that Are Simple, Personalized, and Support Their Own Health Improvement

As U.S. companies continue to ask workers to shoulder a greater burden of the cost of health care, a new survey from Aon Hewitt, The Futures Company and the National Business Group on Health, revea... Read More

Towers Watson Study: Investing in Workforce Health Generates Higher Productivity

As Canadian organizations search for ways to improve workforce productivity, they are trying new approaches to combat the double-whammy of rising health costs and increased employee absence, stress... Read More

Swiss Re Announces Delisting and Squeeze-Out of Shares

Swiss Re announces the delisting and squeeze-out of outstanding shares in Swiss Reinsurance Company Ltd (“SRZ”) following the exchange offer launched in April as part of establishing ... Read More


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