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Insurance Industry Joins Banking Giants on the Hot Seat (New York Times) Insurance companies are now being battered like Wall Street banks were last month, suggesting a similar round of consolidation and recapitalization. us.rd.yahoo.com
Japan's Yamato Life Insurance files for protection: report (AFP via Yahoo! News) Japan's Yamato Life Insurance is in the process of filing for bankruptcy protection, Jiji Press reported Friday. us.rd.yahoo.com
Insurance firms now feeling pain of banking icons (San Diego Union-Tribune) Months after the stocks of big Wall Street financial firms first came under attack, insurance companies are now being battered, suggesting that a similar round of consolidation and recapitalization may be in store for that industry. us.rd.yahoo.com
Health insurance coverage dwindling (The Charlotte Observer) The Carolinas are losing employer-based health insurance at a faster rate than nearly any other state in the country, according to a study released Thursday. Nationally, the health insurance that covers most Americans has declined for seven years in a row, according to the Washington-based Economic Policy Institute, a nonpartisan, nonprofit that studies issues affecting working families. About ... us.rd.yahoo.com
Locally, AIG still writing insurance (Miami Herald) American International Group's insurance units continue to write policies in Florida, despite the financial woes of the parent company. us.rd.yahoo.com
Hanwha sees $580 mln from insurance arm stake sale (Reuters via Yahoo! Singapore News) SEOUL, Oct 10 (Reuters) - Two main units of South Korea's Hanwha Group said on Friday they will sell shares in an unlisted insurance unit for about 807 billion won ($580.4 million) to fund the group's bidding for Daewoo Shipbuilding <042660.KS>. us.rd.yahoo.com
Nationwide Mutual Insurance Gobbles Up Remaining Nationwide Financial Services Shares (Fox News) Nationwide Mutual Insurance Co. said Thursday it will purchase all the shares of Nationwide Financial Services (NFS) that it doesn’t already own for $52.25 per share. us.rd.yahoo.com
Insurance (Sun-Sentinel) Hartford Financial Services Group Inc., the insurer that lost half its market value this month, "remains solid," Connecticut Insurance Commissioner Thomas Sullivan told the company's customers. us.rd.yahoo.com
Health insurance and YOU (rediff.com) Insurance expert Harsh Roongta on all you MUST know about health insurance policies. us.rd.yahoo.com
Comprehensive Health Insurance Coverage Estimates by County Released (Kansas City InfoZine) The U.S. Census Bureau released the most extensive estimates it has ever published on county-level demographic characteristics of people with and without health insurance coverage. us.rd.yahoo.com
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