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Archive for August, 2009

New Rules Restrict Bank Sales

By ⋅ August 30, 2009 ⋅ Post a comment

(THE NEW YORK TIMES) - New federal rules that might have encouraged private equity firms to snap up troubled banks could wind up keeping those buyers in their seats.
The Federal Deposit Insurance Corporation board on Wednesday imposed tough new restrictions on private equity firms seeking to buy failed institutions, although they eased more onerous proposals [...]

Kwik Fit Insurance Rises up the Top 50 Broker List

By ⋅ August 30, 2009 ⋅ Post a comment

Kwik Fit Insurance has been named as one of the top performers of the year in the Top 50 Brokers list for 2009.
London, UK (PRWEB) August 28, 2009 — Kwik Fit Insurance has been named as one of the top performers of the year in the Top 50 Brokers list for 2009.
The Uddingston-based intermediary has [...]

myStaffingPro President Offers Insight on the Applicant Tracking System Market

By ⋅ August 30, 2009 ⋅ Post a comment

Bob Schulte, myStaffingPro president and CEO, discusses the importance of an applicant tracking system for improved hiring and onboarding efficiencies
Capitola, CA (PRWEB) August 29, 2009 — According to Bob Schulte, president and chief executive officer of HR Services Inc., 60 percent of mid-market companies do not have an applicant tracking system (ATS) for recruiting and [...]

Open House This Weekend at the Cheap Auto Insurance CA Office

By ⋅ August 30, 2009 ⋅ Post a comment

Cheap Auto Insurance is holding an open house this weekend at their Sacramento, CA office. This is to let customers get familiar with operations.
Sacramento, CA (PRWEB) August 28, 2009 — Being transparent has always been a part of success at Cheap Auto Insurance however no one has ever gone this far to please customers. This [...]

Nationwide Building Society Offers Discounts on 5 Star Home Insurance

By ⋅ August 30, 2009 ⋅ Post a comment

Nationwide Building Society customers can benefit from a 20% discount this year and next on combined buildings and contents insurance.
London (PRWEB) August 29, 2009 — Nationwide Building Society has today announced a new home insurance offer (home insurance customers and is good news for people who want a home insurance product for the long term. [...]

Tougher Auto Safety Standards Likely to Affect Consumers that are looking for a Car Insurance Quote

By ⋅ August 30, 2009 ⋅ Post a comment

The National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety are looking to make testing more rigorous for vehicles to receive top safety ratings. Since auto insurers determine rates based on risk, consumers looking for a car insurance quote may find it more difficult to obtain cheap car insurance. CarInsuranceQuote.net gives the [...]

Term Life Insurance Quotes Online

By ⋅ August 28, 2009 ⋅ Post a comment

(TRANSWORLD NEWS) - Every day Americans across all state borders are searching for term life insurance quotes online. “A great myth regarding life insurance is that there is a cookie cutter approach that fits into every individual’s situation. The truth is actually the exact opposite. Every individual looking for a policy has very distinctive financial [...]

FDIC to Ease Entry for Private-Equity Firms Buying Failed Banks

By ⋅ August 28, 2009 ⋅ Post a comment

(Bloomberg) — The Federal Deposit Insurance Corp., is poised to make it easier for private-equity firms to buy banks after the fastest pace of bank closings in 17 years cost the agency’s insurance fund more than $21 billion.
The FDIC board meets tomorrow in Washington and probably will lower the requirements for private investors to buy [...]

Increasingly, seniors realizing nest egg in life insurance policies

By ⋅ August 26, 2009 ⋅ Post a comment

(DALLAS NEWS) - Seniors battered by the tough economy are selling their life insurance policies to replenish their retirement nest eggs.
Unlike younger investors, older adults may not have the time to wait for the market to recover all of their losses, so they’re turning to this previously overlooked asset to see whether they should sell [...]

How FDIC deposit insurance works

By ⋅ August 26, 2009 ⋅ Post a comment

(EXAMINER) - The FDIC announced this weekend for more institutions that were closed. These are listed on the FDIC home page. So far this year the FDIC has taken over 81 financial institutions compared to 26 for 2008 and 3 for 2007. These numbers compare to approximately nine thousand during the Great Depression.
As more banks [...]

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