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By Mark E. Ruquet, PropertyCasualty360.com |
April 20, 2012
USI Insurance Services says it has acquired certain assets of BBVA Compass Insurance Agency Inc. that generates close to $27 million in revenue.
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By Arthur D. Postal, PropertyCasualty360.com |
April 18, 2012
The Federal Reserve Bank of New York announced late Wednesday that it is exploring the sale of collateralized debt obligations originally owned by AIG’s troubled Financial Products Group.
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By Arthur D. Postal, PropertyCasualty360.com |
February 9, 2012
The Federal Reserve Bank of New York today ended one chapter from the American International Group bailout, selling a group of mortgage-backed securities that closed out its Maiden Lane II facility.
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February 2, 2012
The universe of publicly held brokerage firms could expand within the next two years, with two firms that are now in the hands of private-equity interests re-entering the public sphere in the United States.
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By Mark E. Ruquet, PropertyCasualty360.com |
January 30, 2012
The universe of publicly held brokerage firms could expand within the next two years, with two firms that are now in the hands of private-equity interests re-entering the public sphere in the United States.
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By Arthur D. Postal, PropertyCasualty360.com |
January 23, 2012
The market is apparently strengthening for the risky residential mortgage-backed securities purchased by the Federal Reserve Board in early 2009 as part of its bailout of American International Group.
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By Chad Hemenway, PropertyCasualty360.com |
July 11, 2011
Liberty Mutual Insurance Co. and several subsidiaries have filed a lawsuit against Goldman Sachs & Co. claiming the broker misled them in a preferred stock offering for Federal Home Loan Mortgage Corp. late in 2007.
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By Associated Press |
March 30, 2011
Insurance company shares were mixed Tuesday amid speculation that the industry might see premiums increase given the slate of recent natural disasters and uncertainty over the upcoming hurricane season.
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By Down To Cases |
August 5, 2010
A fiduciary relationship exists between two persons when one of them is under a duty to act for or to give advice for the benefit of another upon matters within the scope of the relation, such as a trustee or executor.
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By Chad Hemenway, PropertyCasualty360.com |
July 9, 2010
Liberty Mutual Insurance Company has sued Goldman Sachs & Co., alleging that the investment bank misled the insurer about two now-worthless preferred stock offerings of the Federal National Mortgage Association (Fannie Mae).
