AssuranceAmerica Corporation announced that John M. Mongelli has joined AssuranceAmerica Corporation as its Senior Vice President of Finance. John will also assume the role of Chief Financial Officer on August 16, following the filing of the company’s June 30, 2009 Quarterly Report. John was formerly the Vice President and Corporate Treasurer of ChoicePoint, Inc.
According [...]

LGPI, the pension institution for local governments in Finland, has signed an agreement with Ortec Finance to license its Asset Liability solution for pension plans Ortec Finance PALM. The ALM solution enables LGPI to formulate ALM strategies based on Ortec Finance state of the art scenario generation, asset and liability methodologies. The selection of was [...]

National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc.issued the following statement in response to the decision today by Standard & Poor’s Ratings Services (S&P) to downgrade its insurance financial strength rating to A with a Developing Outlook from AA- Credit Watch Developing.
“We regard today’s rating action as a temporary setback,” said [...]

National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. issued the following statement in response to the decision today by Standard & Poor’s Ratings Services (S&P) to downgrade its insurance financial strength rating to A with a Developing Outlook from AA- Credit Watch Developing.
“We regard today’s rating action as a temporary setback,” [...]

National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. issued the following statement in response to the decision today by Standard & Poor’s Ratings Services (S&P) to downgrade its insurance financial strength rating to A with a Developing Outlook from AA- Credit Watch Developing.
“We regard rating action as a temporary setback,” said [...]

First graph of release should read: HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company’s Series B preferred stock of $0.3975 per depositary share payable March 16, 2009, to shareholders of record on March 3, 2009 (sted… to shareholders of record on February 28, 2009).
The [...]

Assured Guaranty Corp. (“Assured” or “the Company”), the financial guaranty subsidiary of Assured Guaranty Ltd. announced its January 2009 U.S. public finance new issue volume today. Assured provided guaranties on 114 U.S. public finance new issue transactions, totaling $2.8 billion of par or 12% of total new issue U.S. public finance volume during January 2009. [...]

CIFG Holding, Ltd., the holding company for CIFG’s financial guaranty subsidiaries, announced today that it, along with its principal shareholders, Banque Populaire Group and Caisse d’Epargne Group, has reached a final settlement with credit default swap counterparties and bondholders holding 98 percent of its gross par outstanding of ABS CDO exposures and certain specified CRE [...]

Imperial Finance and Trading, LLC, a leader in premium finance for life insurance, life insurance sales and structured settlements, employees rolled up their sleeves over the weekend and helped South Palm Beach Habitat for Humanity. Their efforts joined with neighbors and other community groups will help the Green family achieve their dream of becoming homeowners. [...]

Online insurance comparison Web site InsWeb.com has been named to the Kiplinger’s Personal Finance “The Best List” for the second year in a row. Published in the December 2008 issue of Kiplinger’s Personal Finance magazine, “The Best List” includes Kiplinger’s top picks in categories such as mutual funds, credit cards, and Web sites.
InsWeb.com was the [...]