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KAR Auction Services, Inc. to Announce Fourth Quarter and Full Year 2010 Earnings

February 9th, 2011

KAR Auction Services, Inc. (NYSE:KAR – News) announced today that it will be releasing its fourth quarter and full year 2010 earnings on Wednesday, February 23, 2011.
KAR Auction Services, Inc. will also be hosting an earnings conference call and webcast on Thursday, February 24, 2011 at 11:00 a.m. EST (10:00 a.m. CST). The call will [...]


CIGNA Reports Fourth Quarter and Full Year 2010 Results Issues 2011 Outlook

February 3rd, 2011

CIGNA Corporation (NYSE:CI – News) today reported shareholders’ net income1 of $461 million, or $1.69 per share, for the fourth quarter of 2010 compared with shareholders’ net income1 of $330 million, or $1.19 per share, for the fourth quarter of 2009. Shareholders’ net income1 included income of $0.31 per share in the fourth quarter of [...]


Radian Reports Fourth Quarter and Full Year 2010 Financial Results

February 3rd, 2011

Radian Group Inc. (NYSE:RDN – News) today reported a net loss for the quarter ended December 31, 2010, of $1.1 billion, or $8.55 per diluted share. This compares to a net loss of $91.9 million, or $1.12 per diluted share, for the prior-year fourth quarter. The net loss for the full year 2010 was $1.8 [...]


President MetLife International Testifies before the U.S. House Committee on Ways and Means

January 27th, 2011

William J. Toppeta, president, MetLife International, presented testimony on behalf of MetLife, Inc. (NYSE:MET – News) before the U.S. House Committee on Ways and Means in support of the pending free trade agreements with South Korea, Colombia, and Panama. The proposed agreements enable greater access for U.S. insurers to multi-billion dollar insurance markets and will [...]


First Marblehead to Release Second Quarter Fiscal 2011 Financial Results and Host Conference Call on February 1, 2011

January 27th, 2011

The First Marblehead Corporation (NYSE:FMD – News) today announced that it plans to release its financial and operating results for the three-month period ended December 31, 2010 after the market closes on Tuesday, February 1, 2011. The Company will host a conference call at 5:00 p.m. Eastern time to discuss its results. First Marblehead’s Chairman [...]


American Financial Group Management to Present at the Bank of America Merrill Lynch 2011 Insurance Conference

January 27th, 2011

American Financial Group, Inc. (NYSE:AFG – News) (NASDAQ:AFG – News) announced today that Carl H. Lindner III, Co-Chief Executive Officer and Keith A. Jensen, Senior Vice President & chief financial officer will make a company presentation at the Bank of America Merrill Lynch 2011 Insurance Conference being held at The New York Palace on Tuesday, [...]


Brown & Brown Inc. Announces the Asset Acquisition of Nies Insurance Agency Inc

January 13th, 2011

C. Roy Bridges, Regional President of Brown & Brown, Inc. (NYSE:BRO – News) and Gerald L. “Jerry” Nies, President of Nies Insurance Agency, Inc. of Camas, Washington, today announced the acquisition of substantially all of the assets of Nies Insurance Agency, Inc. by Fullerton & Company, Inc., a subsidiary of Brown & Brown.
With annual revenues [...]


AIG set to announce sale of Taiwan unit: reports

January 12th, 2011

American International Group Inc could announce as early as Wednesday the sale of its Taiwan Nan Shan Life unit to conglomerate Ruentex Group for up to $2.5 billion, according to Taiwan newspapers.
The reports could not immediately be confirmed.
One source with knowledge of the issue said it was not yet certain whether there would be a [...]