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News For: Jefferson Pilot Deferred InsuranceWisconsin insurance commissioner urges caution about AIG annuities Wisconsin Insurance Commissioner Sean Dilweg is urging insurance consumers today to be cautious about replacing or liquidating their annuities, particularly those that may be underwritten by the AIG insurance companies, despite the current volatility in financial markets. Insurance stocks rally on government's moves CHARLOTTE, N.C. Shares of insurance companies surged Friday _ extending a rally that began Thursday _ as investors were heartened by a temporary ban on short selling and the federal government's plans to help rescue banks burdened by souring mortgage debt. (AFX UK Focus) 2008-09-19 11:46 StanChart to sell insurance policies in Vietnam HANOI, Sept 19 Reuters - Standard Chartered Plc has secured an approval to sell insurance policies at its two branches in Vietnam, the country's central bank said in a statement on Friday. Vt. pension funds lose money on Lehman, AIG stock State Treasurer Jeb Spaulding says the plummeting stock values of the Lehman Brothers investment bank and insurance company AIG Inc. have cost Vermont's public pension funds about $6.5 million. Top Local Stories Here are the top stories at this hour: the federal government helps out banks with billions in bad debt, Jefferson County commissioners do something different by fighting over money, and a victim of a standoff takes a turn for the worse... Americans fear for their life insurance after financial turmoil Americans who have ploughed their savings into life insurance and annuity-linked pension funds were running scared on Wednesday as financial titans collapsed around them. The Loan Comes Due Only two months ago, it seemed as if almost any company could borrow money at low interest rates. Now loans seem to be drying up everywhere. As finance titans collapse, Americans fear for their life insurance Media gather outside the offices of of troubled insurer American International Group Inc. on September 17, in New York. Americans who have ploughed their savings into life insurance and annuity-linked pension funds have been running scared as financial titans been collapsing around them. Americans fear for their life insurance after financial turmoil Americans who have ploughed their savings into life insurance and annuity-linked pension funds were running scared yesterday as financial titans collapsed around them. Sector roundup: National banks, insurance cos. Shares of national banks surged in late trading Thursday, as investors were encouraged by a report that the federal government may create an entity to hold banks' bad debt. |