Time Wise: The To Do List on Steroids
To do or not to do, that is, quite literally, the question. Few of us have the memory to keep everything in our heads. The To Do list is a time proven key to success. My approach involves four lists …
MetLife Eyes $14 Billion Deal for AIG’s Alico Life Insurance Unit
MetLife Inc. is in talks to buy AIG’s American Life Insurance Co (Alico) unit in a deal that could be valued between $14 billion and $15 billion, a source familiar with the matter said Tuesday. Nothing has been finalized yet …
General Re Settles Fraud Charges Over AIG, Pru Financials
The Securities and Exchange Commission today charged General Re Corp. for its involvement in separate schemes by American International Group (AIG) and Prudential Financial, Inc. to manipulate and falsify their reported financial results. The SEC said Gen Re agreed to …
Republican Win in Massachusetts Could Jeopardize Healthcare Bill
In a stunning blow to President Barack Obama, Republican Scott Brown won a bitter U.S. Senate race in Massachusetts Tuesday and promised to be the deciding vote against his sweeping healthcare overhaul. Brown’s win robbed Democrats of the crucial 60th …
Georgia Insurance Chief Taps Bank with Ties for Governor Race Funds
Two leading Republican candidates for governor in Georgia have already turned to hefty lines of bank credit to help pump up their campaign finances months before the primary in July. State Insurance Commissioner John Oxendine and U.S. Rep. Nathan Deal …
Farmers Insurance to Sponsor Upcoming PGA Tour Event in California
The San Diego Open found a title sponsor one week before its tournament, the fourth new sponsor the PGA Tour has attracted in the last nine months. The tour said that Farmers Insurance Group has agreed to be title sponsor …
Considine Named N.J. Banking and Insurance Commissioner
Tom Considine has been nominated as New Jersey’s banking and insurance commissioner. Considine, a MetLife vice president, was named to the job by incoming Gov. Chris Christie. Christie praised Considine for his extensive government relations and financial services experience. The …
New Orleans-based Insurance Litigation Firm Names New Directors
Galloway, Johnson, Tompkins, Burr & Smith PLC (GJTBS), a New Orleans-based firm that has a specialty in insurance litigation, announced that Billy Swaim, James Bailey and Mike Lonegrass have been promoted to company directors. Frederick W. (“Billy”) Swaim III joined …
Swiss Re in $1.268 Billion Deal with Berkshire Hathaway Life Insurer
Swiss Re has concluded an agreement with Berkshire Hathaway Life Insurance Company of Nebraska to cede, a “closed block of yearly renewable term individual life reinsurance business, written prior to 2004.” The transfer is retroactive to October 1, 2009. Swis …
Dallas Institute Appoints SIG Insurance VP to Board
The Dallas Institute of Humanities and Culture, a nonprofit organization that conducts public programs aimed at discovering what the humanities have to offer to the cultural life of the city, appointed Fred Wilkinson as its newest board member. Wilkinson is …
