Market

Candor, Innovation Keys to Sustaining Growth of Rewards Cards Market Despite Flailing Economy

November 1st, 2008

The U.S. Market for credit cards saw robust growth between 2003-2007, with the purchase volume of the four main general-purpose credit brands (Visa, MasterCard, American Express, and Discover) increasing at a compound annual growth rate (CAGR) of 10% to over $1.9 trillion. Despite the boom of yesteryear, it’s uncertain how the current stressful economic environment [...]

SEK: Strengthened market position and improved results for SEK

October 31st, 2008

SEK’s role as a reliable partner for the Swedish export industry has become all the more important as the financial crisis has deepened. Demand for SEK’s financial solutions has increased strongly, resulting in increased business volumes and strengthened market position.
– Core Earnings for the first nine months of the year, after impairments, totalled Skr 464.0 [...]

Delta Community Credit Union Encourages Consumers to Stand Strong Through Economic Uncertainty and Bear Market

October 31st, 2008

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 [...]

Sebelius Releases New Report on Benefits of Health Insurance Reform for Women with Breast Cancer

October 24th, 2009

As Americans mark breast cancer awareness month, Secretary of Health and Human Services Kathleen Sebelius today released a new report, Health Insurance Reform and Breast Cancer: Making the Health Care System Work for Women. The report details how health insurance reform will help women diagnosed with breast cancer and is available now at www.HealthReform.gov.
“Thousands of [...]

Radian Adopts Tax Benefit Preservation Plan Designed to Preserve Use of Net Operating Losses

October 9th, 2009

Radian Group Inc. announced that its Board of Directors has adopted a Tax Benefit Preservation Plan designed to protect stockholder value by preserving important tax assets. The Tax Benefit Plan was adopted to reduce the likelihood that Radian’s use of its net operating losses, loss carryforwards and other tax assets (NOLs) would be substantially limited [...]

Avant Capital Partners Closes $2,853,301 Bridge Loan for Dallas TX Multifamily Purchase / Rehab

October 7th, 2009

Avant Capital Partners (AVANT), a leading New York City based commercial mortgage bank that specializes in multifamily financing, closed a bridge loan of $2,853,301 for the acquisition and renovation of a 304-unit apartment complex in Dallas, TX. The loan was based upon 70% loan-to-cost and included the acquisition and renovation costs, as well as an [...]

BenefitMD Selects the Award-Winning HealthRules® Product Suite from HealthEdge®

July 14th, 2009

HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, announced that Tacoma-based BenefitMD has selected the HealthRules product suite as their next-generation claims and benefit administration, business intelligence, and portal platform. The HealthRules software will be used to power the next phase of BenefitMD’s rapid business growth.
What makes HealthRules different from any [...]

United America Indemnity Group Goes Live With Duck Creek Technologies’ Policy Administration Solution

July 14th, 2009

Duck Creek Technologies, Inc. a leading provider of software and service solutions for the insurance industry, today announced that United America Indemnity Group, Inc. (”United America”) has implemented Duck Creek’s Policy Administration solution for a number of its Commercial ISO lines products. The PA-based carrier went live within six months with a custom Vacant Property [...]

Allstate to Discuss Second Quarter 2009 Earnings With Investors

July 14th, 2009

The Allstate Corporation will conduct a conference call at 9 a.m. Eastern Time (ET) , Aug. 6, 2009 to discuss second quarter 2009 earnings. The company will issue a news release announcing results the day before on Wednesday, Aug. 5, 2009 at or after 4:05 p.m. ET. In addition, the company plans to file [...]

ICW Group Insurance Now Offers Workers’ Compensation in Illinois

July 10th, 2009

ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]