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Latest news for Insurance
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Wall Street's Latest Darling: Life Insurance Settlements (E-Commerce Times)
Many of us have never heard of life insurance settlements. Actually, they have been around for several decades and have become quite popular among investors like Credit Suisse, Deutsche Bank, Berkshire Hathaway and hedge funds. In fact, the annual cash volume of life insurance settlements in the U.S. today exceeds $10 billion and is constantly growing.
Hudson Acquires D&O Insurance Business (The Commercial Record)
Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., announced its acquisition of Hooghuis Group, an underwriting agency specializing in U.S. directors and officers liability insurance.
Vital Signs: Millions with insurance still face serious financial, health risk (Market Watch)
People without health insurance risk potential financial disaster if they should need expensive medical care, but a growing number of underinsured Americans also find themselves on shaky financial ground.
Insurance Agents Accused of Fraud (KOLR - KSFX Ozarks)
Two Ozarks insurance agents have been ordered to pay $1.2 million in fines after using their knowledge of state health care programs in an elaborate scam.
State Will Help Storm Victims With Insurance (FOX 4 News Kansas City)
Kansas Insurance Commissioner Sandy Praeger says her department can help victims of recent weather disasters who have questions about insurance, The Topeka Capital-Journal reports. Praeger said staffers are ready to act as liaisons between consumers and their carriers, and can be reached by calling the department's consumer hotline at 800-432-2484.
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