// archives

Archive for April, 2009

Investors Find Morbid Niche In Surrendered Life Insurance

(The Washington Post) - While companies across the financial services industry were taking a beating last year, a firm in Waco, Tex., with a less than cheery way of making money was boosting its profit by 46 percent.
Its niche: helping investors place bets on when people will die.
The firm, Life Partners Holdings, helps investors buy [...]

Single Payer Health Care Gains Support

(EMAX HEALTH) - Single payer health care, paying doctors and hospitals out of one fund managed by the government, and paid to health care providers by either a government agency or insurance company, is gaining support. Single payer health care groups are pushing for streamlined payments that would result from single payer health care. This [...]

Citizens Insurance premiums may soar

(TBO) - Just a few years ago, Billie and Elaine Russell were paying Auto-Owners Insurance $500 a year to cover their 1972 mobile home.
But after the hurricanes of five years ago, Auto-Owners and several other insurance companies pulled out of Florida. That left the Russells with the same decision so many other Sunshine Staters made: [...]

New SGIC Research Shows Renters Could be at a Higher Risk of Burglary than Home Owners

Many renters could be easier targets for thieves because they lack basic home security, according to new research* by SGIC.
Adelaide, South Australia (PRWEB) April 30, 2009 — In a recent survey commissioned by home insurance provider SGIC, one in three renters reported they had no significant security measures, such as deadlocks on doors and windows, [...]

PT Marketing, a Leader in the Appointment Setting Industry, Announces Revenue Generating Opportunities to Financial Services Professionals

Since 1992, PT Marketing has been introducing Financial Services Professionals to business owners in order to discuss strategies to protect their largest investment - their business. In these challenging economic times, business owners are looking for alternate ways to protect their investment and ensure their company’s growth over the long term.
Pittsburgh, PA (PRWEB) April [...]

Yes, Virginia, There Really Is A “Law Day”

“True, you won’t get May 1st off from work but with a little help from Abe Lincoln and ‘My Pet Lawyer’ in his first cartoon webisode, you could at least laugh your way through the day.”
(PRWEB) April 30, 2009 — Don’t you hate it when holidays sneak up on you? Especially ones you’ve never [...]

SEC Charges Pang With Fraud

(THE WALL STREET JOURNAL) - The Securities and Exchange Commission alleged that financier Danny Pang defrauded investors of hundreds of millions of dollars and obtained a temporary order freezing his assets.
As part of the SEC’s civil lawsuit filed in federal court in Los Angeles, U.S. District Judge Philip Gutierrez froze the assets of Mr. [...]

Home insurance rates to rise, top regulator says

(Sun Sentinnel) - Florida Insurance Commissioner Kevin McCarty said Monday he expects that rolling back home and condominium insurance regulation will trigger “substantial” rate increases and won’t keep insurers in Florida - the reason many lawmakers support it.
“Not a single company has indicated to me a willingness to either stay in Florida or write new [...]

Q&A: Mexico travel disrupted by Swine Flu

(THIS IS MONEY) - The Swine Flu outbreak in Mexico has thrown travel plans of holidaymakers into doubt. What can travellers affected by the outbreak do?
What if my holiday company cancels my Mexico trip?
A number of tour operators have already suspended flights to Mexico, the apparent centre of the Swine Flu outbreak. Holidaymakers already there [...]

Seven Industry Leaders Elected to The American College Board of Trustees

The American College, the nation’s premier educator of financial services professionals, announced today the election of seven new senior financial industry leaders to its Board of Trustees.
Bryn Mawr, PA (PRWEB) April 29, 2009 — The American College, the nation’s premier educator of financial services professionals, announced today the election of seven new senior financial industry [...]