AIG refuses to change conditions of AIA sale to Prudential
Posted on May 30th, 2010
US insurer AIG said Tuesday it had refused to modify the conditions for the sale of its AIA Asian unit to British rival Prudential, which had asked for the price to be cut.
“After careful consideration, the company will adhere to the original terms of its previously announced agreement,” American International Group said in a statement.
“The company will not consider revisions to those terms,” it added. Prudent
Norvax Founders Among Finalists For Ernst and Young Entrepreneur Of The Year Award
Posted on May 30th, 2010
– The award recognizes exceptional entrepreneurs in Illinois and Indiana. The finalists were selected by an independent panel of regional community, business and academic leaders.
“We’re honored by this recognition, but it’s as much a recognition of the contributions of everyone in our company as it is of just the founders,” said Cruz, president of Norvax. “Our 125 talented employees have been instrumental at putting Norvax at the forefront of delivering technology and resources that have helped thousands of insurance agents and carriers dramatically increase their service and results.”
Cruz and Jones, the company’s chief executive officer, launched Norvax Inc., the health insurance industry’s leading provider of sales automation and web marketing technology, in 2001 and quickly grew it into an industry leader. Read more…
Investing for Retirement
Posted on May 29th, 2010
Until now, you had heard about this subject plenty of times, but really didnt understand what all the fuss was about.
Retirement may be a long way off for you or it might be right around the surround. No theme how near or far it is, youve absolutely got to open discount for it now. However, discount for retirement isnt what it worn to be with the soar in expense of living and the instability of party guarantee. You have to invest for your retirement, as divergent to discount for it!
Lets open by charming a look at the retirement design untaken by your troupe. Once winning a time, these designs were wholly sound.
Auto Insurance Debate Drives Prop. 17
Posted on May 26th, 2010
It’s been said that motorists in Ventura County — and all across car-centric Southern California — can’t part with their automobiles. How much of that can be attributed to auto insurance is yet to be seen, although an upcoming ballot measure could change the way people choose to insure themselves, according to supporters and opponents of Proposition 17.
Prop. 17 is a statewide initiative on primary ballots, asking voters to approve changes in the way auto insurers provide discounts to their clients; namely, between those people who’ve maintained continuous coverage, and those who haven’t.
Backers of the measure say that Prop. 17, the “Co
Spanish banks strain to borrow abroad
Posted on May 26th, 2010
Spanish financial institutions are having increasing problems in borrowing from foreign banks because of concerns about Spanish sovereign debt, the Expansion daily reported on Thursday.
The newspaper based its report on unnamed sources in several Spanish financial institutions to the effect that foreign banks were increasingly reluctant to lend to Spanish banks. Local press also followed up a report in The Wall Street Journal that one of the leading Spanish banks, BBVA, had been trying unsuccessfully for a month to refinance one billion dollars (815 million euros).
Expansion said foreign banks were reducing the amount they lent to banks based in those eurozone countries worst affected by heavy public deficits and debt.
Auto Coverage Analyzer
Posted on May 25th, 2010
In this day and age, a lot of things have changed from how they used to be, which can be new and exciting for most.
import a car means winning a well thought out choice. However, sometimes winning a well-thought, judicious choice gets grim. This is even more so, when it involves a big investment choice like business car and insuring it. One injury choice and you might end up in a economic soup. Once you have already bought a car or you have owned a car for sometime now, it is time for receiving it insured.
Factors
Now, when we come to think of car or for that count any auto indemnity there are pretty a few factors that have to be pondered before settling for a particular bazaar recommend.