This year’s collapse of several major financial institutions—A.I.G., Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch, Wachovia, and Washington Mutual—has earned September 2008 comparisons to October 1929.
“Last month’s U.S. government bailout seems to be just the beginning of a major paradigm shift on Wall Street, one that could see the independent brokerage model [...]
Massachusetts Mutual Life Insurance Company (MassMutual) announced the promotions of its two Co-Chief Operating Officers.
Roger W. Crandall, Co-Chief Operating Officer, Executive Vice President and Chief Investment Officer, will assume the position of President of MassMutual from Stuart H. Reese, who remains Chairman and Chief Executive Officer. Additionally, Mr. Crandall will become sole Chief Operating [...]
NERA Economic Consulting, a leading global provider of economic advice and analysis in business, legal, and regulatory matters, today released Snapshot of Recent Trends in Asbestos Litigation, a report analyzing trends in asbestos filings and settlements, in light of legislative and judicial tort reform over the past several years.
The report, co-authored by NERA Senior Vice [...]
Recently the media reported on the suicide of the famous businessman Merckle. However, this case is just the tragic culmination of the personal consequences of the credit crunch: Today most executives, investors, and tradesmen worry about the current economic situation.Recently the media reported on the suicide of the famous businessman Merckle. However, this case is [...]
High Point Auto Insurance was awarded the New Jersey Vehicle Theft Associations’ 2008 Ziegler Award which recognizes, departments, organizations or companies that have significantly contributed to the fight against vehicle theft. High Point is the first insurance carrier to receive this award. The State of New Jersey reported 24,746 auto thefts in 2006.
“High Point Auto [...]
Zurich in North America, a leading property and casualty insurance provider and its U.S. subsidiary Farmers Insurance Group are making this holiday season brighter for people who need a helping hand. Employees from both companies are volunteering their time across the country to help children, the elderly, the homeless and members of the armed forces.
“I [...]
Iowa National Guard members can experience a decrease in their family income when they are deployed, which can affect their loved ones back home. For emergency assistance, hundreds of families have turned to the Iowa National Guard Officers Auxiliary (INGOA) for help with rent, utilities, medical bills, or other unanticipated expenses.
To assist even more families, [...]
Few things in the current economic environment are safe, secure and appreciate over time which is why even with efforts to bail out America’s financial system, consumers remain uneasy about where to invest their savings. Delta Community Credit Union, the state’s largest credit union and a 68-year-old sound financial institution, is responding to consumers by [...]
